IT Studies
Web Services Show Promise, But Roadblocks Remain
TowerGroup recently released its new report, The Networked Financial Institution: Connections for a Successful Business Strategy, as part of its cross-sector TowerGroup Point of View Reports (www.towergroup.com). The Needham, Mass.-based consultancy examines Web services and the current state of Internet-based networking standards and technologies.
Theres an adoption [of Web services technologies] in the insurance vertical in particular thats very encouraging, says Guillermo Kopp, director of TowerGroups Emerg-ing Technology Solutions practice. The early impact of Web services in financial services will be primarily within firewalls, but because of the desegregation that exists in insurance, theres good opportunity for use outside the firewall.
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