Title :
Adaptively Construct Banking Process with Tags Upon Services-Oriented Grid
Author :
Qi, Li ; Wu, Song
Author_Institution :
Oper. Centre, China Dev. Bank, Beijing, China
Abstract :
In today´s highly competitive financial markets, financial innovation and bank´s merge and acquisition activities are growing much. How to quickly construct business process upon IT infrastructure becomes the kernel of competition. As one of the classic application of service-oriented architecture, the grid technology can considerably help banks to improve the efficiency of constructing business process. In this paper, a tag-based processing model upon service-oriented grid is proposed. Through the practical scenario, the efficiency and security are demonstrated. Compared with traditional methods, the proposed solution has three advantages: (i) it is general enough to apply to banking applications without modifying upper business logic; (ii) with minor cost on processing normal request, it can provide high security and facility for reconstruction of banking business; (iii) it can help bank construct the new business process in the mean time.
Keywords :
banking; business process re-engineering; grid computing; software architecture; stock markets; banking business; business process; financial markets; grid technology; service-oriented architecture; tag-based processing model; Adaptive systems; Banking; Clustering algorithms; Euclidean distance; Intelligent systems; Machine intelligence; Optimization methods; Partitioning algorithms; Simulated annealing; Stability;
Conference_Titel :
ChinaGrid Annual Conference, 2009. ChinaGrid '09. Fourth
Conference_Location :
Yantai, Shandong
Print_ISBN :
978-0-7695-3818-1
DOI :
10.1109/ChinaGrid.2009.27