Maria Korolov Trombly writes about business and technology.
Last updated February 20, 2008

 

Web Services Articles

Help Abounds For Users
All the major consulting firms have invested in the new technology, training programmers, setting up dedicated development centers, and forging ties with technology vendors. The goal? To become attractive to Wall Street firms moving to a services-based architecture. Securities Industry News talked to a number of consulting companies and asked what advice they have to offer Wall Street firms looking to deploy Web services. Here are some of their suggestions.
Securities Industry News (May 5, 2003)

Wonders of Soap: A Dream for Users, Nightmare for Vendors
Everybody and his brother has a different definition of Web services, but it's really very simple: Web services are built with Soap (Simple Object Access Protocol). If it ain't got Soap, it's not a Web service.
Securities Industry News Feature (May 2003)

As Standards Evolve, Platforms Improve
This year, Microsoft, IBM, BEA and Sun Microsystems are expanding on their basic Web services development frameworks to offer support for the latest security and transaction protocols, improve Web services coordination, and add more management tools.
Securities Industry News Feature (May 2003)

Web Services: Set for Prime time
Wall Street firms are already enjoying the benefits of Web services for internal integration, but a lack of security standards has hindered use outside corporate firewalls. That situation will start to change in 2003 as standards-setting bodies are expected to agree on methods to ensure that Web services are safe and secure. A standards-based way to connect disparate applications, Web services offer lower costs and quicker deployment than other integration mechanisms.
Securities Industry News (January 6, 2003)

The Downside Of Web Services: Security Risks
As Web services proliferate across Wall Street, new security vulnerabilities will also appear, experts warn. The first and most obvious concern is the lack of common security and transaction standards. "Because of the stage of maturation of the security standards, you have to be very selective about how you use Web services outside of the enterprise," said Merrill Lynch CTO John McKinley. Merrill Lynch has been on the leading edge this past year in deploying Web services in the enterprise, and has joined the Web Services Interoperability Organization, an industry group, in order to bring a Wall Street user perspective to standards development.
Securities Industry News (December 23, 2002)

IBM-BEA Deal: Buy Solaris, Get WebLogic Free
Just in time for the holidays, customers who buy Sun's Solaris 9 operating system will get six free months of BEA Systems' WebLogic Server. The deal may be a sign that Sun is having problems with its own Sun One Application Server, but it's a great coup for BEA in its competition against IBM's WebSphere.
Securities Industry News (December 23, 2002)

WebSphere Upgraded But Hindered by Standards Gap
Billed as offering better security, business process work flow and management tools, IBM's new WebSphere Application Server version 5 (WSAS 5), released on Nov. 25, lets companies better integrate their business processes across the enterprise and with partners, suppliers and customers. But it's still a partial solution. The general lack of common standards for security and complex transaction processing means this latest release still requires some negotiations between partners.
Securities Industry News (December 9, 2002)

IBM, BEA Face Microsoft STP Competition
While Microsoft recently entered the straight-through processing fray with a new Web services tool set, industry leaders IBM and BEA Systems continue to expand on their integration products. BEA unveiled a new way to bring together data from disparate sources earlier this month, and IBM continues to expand on its WebSphere product line, with a new version due the end of the month.
Securities Industry News (November 2002)

Microsoft Upgrades BizTalk
Microsoft is releasing a new set of integration tools on Nov. 4 that work with its BizTalk server application. The new tools will go head-to-head against products from BEA Systems and IBM.
Securities Industry News (November 2002)

Web Services
Technology Quick Study: Web services are a new class of applications that can talk and work with one another over the Internet...
Computerworld Sep. 24, 2001
More Java Spilling Across Wall Street Enterprises
Java has hit prime time on Wall Street. The language is versatile because the same program can run on any machine or device. "You develop once and run wherever you want..."
Securities Industry News Apr. 1, 2002

Microsoft Gears Up to Battle Java on Wall Street
The World Wide Web didn't make Windows obsolete and Microsoft won the browser wars-just in time for the next battle, the war over Web services…
Securities Industry News Oct. 29, 2001

Web Services on the Real-Time Internet
The U.S. government may be trying to break up Microsoft's monopoly through lawsuits, but the real battle over the company's future is being fought on a different front. It involves a new way of writing software, called Web services, and it promises to make operating systems, the very thing that forms the foundation of the Microsoft empire, irrelevant…
e-Securities Aug./Sep. 2001

Wall Street Releases Draft XML Standard
The RIXML.org Standards Committee has released a draft version of RIXML 1.0 that's aimed at giving brokerages a common language for describing equity research...
Computerworld

Insurance Carriers Move to Crumple Paper Processes
Two insurance industry projects that promise to automate formerly paper-based processes are going live this month, involving industry powerhouses The St. Paul Cos., AIG and The Hartford...
Computerworld02 Apr 01

Internet Changes Insurance Back Offices
Although lagging behind other financial services, insurance companies have begun to use the Internet to change the way they run the back office and communicate with agents...
Computerworld 13 Nov 00

XML Gains Momentum in Financial Services Industry
Yet another XML-based standard has been added to the library of different protocols already being developed for financial services. RIXML -- Research Information Exchange Markup Language -- promises to make it easier for investors to share data about companies...
Computerworld30 Oct 00

Power Brokers Race to Trade On International Markets
In the quest for overseas trading dollars, U.S. brokerages are forging alliances at a furious pace. From Asia to Australia, these partnerships - enabled by IP, XML and other technologies - bring local populations the opportunity to buy U.S.-listed stocks, either online ...
Computerworld 14 Aug 00

The Speed Of Money
Online payments have met with a great deal of resistance, but analysts say things are starting to change. New moves by startups and banks to close security gaps and open the doors to more businesses are helping to speed the use of online business-to-business transactions...
Computerworld14 Aug 00

Financiers Aim to Unify XML Standards
A new financial services industry group is trying to weed through two dozen existing XML-based financial standards to come up with one universal lexicon...
Computerworld 10 Jul 00

Group Seeks Web Banking Standard
The Financial Services Technology Consortium, which includes banks, research firms and government agencies, will meet June 15 to discuss the creation of a new standard to exchange customers' financial data with aggregator Web sites...
Computerworld 12 Jun 00

Bank consortium to explore new customer data-exchange standard
The Financial Services Technology Consortium, which includes banks, research firms and government agencies, will meet June 15 to discuss the creation of a new standard to exchange customers' financial data with aggregator Web sites...
Computerworld

Larger banks have edge in electronic CRM, report says
Big financial institutions may have an edge over small and nimble Internet upstarts in electronic customer relationship management, according to a new report by Meridien Research...
Computerworld 28 Apr 00

Finance Players Back XML-Based Standard
Biggest players back new XML-based financial standard...
Computerworld 17 Apr 00

Big names back new XML-based financial standard
The world's top financial institutions have formed a consortium to promote an XML-based standard for exchanging financial data over the Internet...
Computerworld 07 Apr 00

Internet-Based Foreign Exchange Service Debuts
Barclays, Charles Schwab team up to offer online currency trading...
Computerworld13 Mar 00

Bank to launch Web-based foreign exchange service
Barclays, Charles Schwab team up to offer online currency trading -- but U.S. investors will have to wait...
Computerworld 08 Mar 00

 

Maria Trombly can be reached at 011-86-21-6387-7243 or by email at maria@trombly.com