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Proprietary    2008 Fiserv Insurance Solutions, Inc.
Taking SOA For A Spin  Todd Eyler – CTO Mark Goetsch – VP, Strategy & Architecture Session 0000
Agenda ,[object Object],[object Object],[object Object],[object Object]
New Demands From The Business Are Intensifying Too much complexity Compliance Aligning with Business Too many platforms High integration costs Lack of flexibility Business visibility Prove the value of IT Information overload Do more with less Deliver faster Become consumer-centric Simplify processes Grow revenue
Why Insurers Are Interested In SOA  ,[object Object],[object Object],[object Object],[object Object],[object Object],BPM SOA Business-driven Focus on process effectiveness Business strategy and the associated IT tools Significantly IT Driven Often emerging out of legacy discussions Not always focused on process improvement Strong focus on integration Definition: Services-oriented architecture (SOA) means functions that are like legos - modular, distributable, sharable, and loosely coupled.
The Evolution of SOA for Insurers Server virtualization, BPM, golden copy CIF’s Web services, portals, data sharing for BI Underwriting, illustration, rating Policy, claims * Celent categories Sophistication Enterprise Value Services-Based Application Integration Application Componentization Business Process Architecture
Meaningful Tangible Benefits Are Being Realized  Business  Benefits Cost Reduction Productivity Revenue $$$$ IT & SOA Benefits Development Maintenance Re-use $$ Examples AAA Carolinas - 2 month ROI on data warehouse, SOA integration The Hartford – 15% overall reduction in maintenance costs Guardian Life – 30% reduction in development costs Hanover Insurance – doubled capacity of IT organization Met Life – 75% improvement in time to deploy services Penn National – 20-30% increase in STP rates for new business
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Diligent Tracking is Important to Prove the Value
Web Services and SOA
Web Services Are An Important Enabler for SOA
Implemented Using Common Standards
That Fit In With Current Existing Applications
How IT is Traditionally Implemented
What the Business Understands
SOA = Business View + Web Services
[object Object],[object Object],[object Object],[object Object],Service Service Service Service Service Service Service Service The Proliferation of Web Services Creates an Unmet Need for Improvements in a Few Key Areas
15 Rules of the Road for Successful SOA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Web Services And SOA Together Offer Significant Value! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Please Complete a Session Evaluation ,[object Object],[object Object],[object Object],[object Object]
Proprietary    2008 Fiserv, Inc.
Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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SOA Presentation

  • 1. Proprietary  2008 Fiserv Insurance Solutions, Inc.
  • 2. Taking SOA For A Spin Todd Eyler – CTO Mark Goetsch – VP, Strategy & Architecture Session 0000
  • 3.
  • 4. New Demands From The Business Are Intensifying Too much complexity Compliance Aligning with Business Too many platforms High integration costs Lack of flexibility Business visibility Prove the value of IT Information overload Do more with less Deliver faster Become consumer-centric Simplify processes Grow revenue
  • 5.
  • 6. The Evolution of SOA for Insurers Server virtualization, BPM, golden copy CIF’s Web services, portals, data sharing for BI Underwriting, illustration, rating Policy, claims * Celent categories Sophistication Enterprise Value Services-Based Application Integration Application Componentization Business Process Architecture
  • 7. Meaningful Tangible Benefits Are Being Realized Business Benefits Cost Reduction Productivity Revenue $$$$ IT & SOA Benefits Development Maintenance Re-use $$ Examples AAA Carolinas - 2 month ROI on data warehouse, SOA integration The Hartford – 15% overall reduction in maintenance costs Guardian Life – 30% reduction in development costs Hanover Insurance – doubled capacity of IT organization Met Life – 75% improvement in time to deploy services Penn National – 20-30% increase in STP rates for new business
  • 8.
  • 10. Web Services Are An Important Enabler for SOA
  • 12. That Fit In With Current Existing Applications
  • 13. How IT is Traditionally Implemented
  • 14. What the Business Understands
  • 15. SOA = Business View + Web Services
  • 16.
  • 17.
  • 18.
  • 19.
  • 20. Proprietary  2008 Fiserv, Inc.
  • 21.

Editor's Notes

  1. Fiserv Client Conference 2008 Tucson, Arizona September 8 - 11, 2008
  2. Fiserv Client Conference 2008 Tucson, Arizona September 8 - 11, 2008
  3. Fiserv Client Conference 2008 Tucson, Arizona September 8 - 11, 2008
  4. Fiserv Client Conference 2008 Tucson, Arizona September 8 - 11, 2008