Banking on .NET

June 2007 When Wachovia Corp. Its corporate finance and investment banking report, a more organized approach to application development, in its fixed-income business units, the goal was to topple the silo, its cooperation in the organization. This effort has produced a smart client architecture, known as onesource, automatically applications and data to more than 5,700 full-time employees through a common user interface.

The onesource provides a framework for infrastructure, which Wachovia developers - many of whom are outside - can establish and share reusable components entire lines of business, so as to accelerate the provision of new functionality. Framework span. NET platform, sports a rich set of user interface, a Java-based back-end resources and legacy systems. Are currently being built. NET Framework 1.1, Wachovia is to see updated software. Net 3.0. Core development is based on Visual Studio Client for Eclipse features and back-end systems.

Framework is all connected. Windows XP-based rich client total content of the website, market data, mainframe and other systems within a portal interface. For developers, onesource rich customers with a single goal for customers to develop and reduce duplication of effort coding horizontal applications. Focus on application infrastructure, which greatly simplifies the development, deployment, training and technical support. Part of this effort, is a greater efficiency drive across the IT and business units in the bank. At the same time, the development team must be able to respond faster to business needs.

"Wachovia would like to double-digit growth every year from the income, you can not maintain this mode, unless you have the business and technology alliance, said: "John hintze, senior vice president of Wachovia Corporate and Investment Banking business, a group that in order to provide its services for the business units.

Hintze and his colleagues Gunhan tatman, vice president of application development, outlined the onesource client architecture at Microsoft The fifth annual financial services Developer Conference held in New York. For Microsoft, which focused on how. NET Framework is used to accelerate development efforts, in the fast moving capital markets.

Gunhan tatman, vice president of application development, in the Wachovia corporate finance and investment banking to make the team more efficient.

"We are very launch, because they show not only that they use. NET platform for application development, but they also created their own framework, and to provide a variety of applications through a large amount of data, and said: "Joseph cleaver, platform strategy consultant for Microsofts financial services sector, the national team.

Simply maneuvering Entertainment corporate and investment banking, known as internal CIB, accounting for about 22 percent of Wachovias 30 billion US dollars of income, show that growth last year about 16 percentage points. CIB technology, or cibt, is that the investment banks in Central and its organizations. Maintain double-digit growth, cibt onesource envisaged as a model for development spend more time to build up a new business function at the same time focusing on reducing the infrastructure and the writing process-level code.

To get the project off the ground as early as the beginning of 2005, and tatman hintze spent a lot of time with Microsoft -- let many visits to Microsoft, and Microsoft officials repeatedly to Charlotte, such as Wachovia foundation. The first step is to support the efforts of organizations from the highest levels to the lowest.

"There must be bought from top to bottom," hintze said. Once Wachovia onesource launched in the fixed-income business, the next step is bring it into other parts of the CIB: building financial, securities, and international banking, investment banking and treasury services. Onesource before, and each unit has its own application infrastructure and corporate development team.

By upper management, the Trade and Industry Bureau is the easiest part of the Board of Trustees. The bigger challenge is to those parts. Net and Java those who regard themselves as the pure entertainment. Managers also have to help one another team of developers to share their work, in different lines - a real challenge.

"From a business perspective, you must have a certain person, it is necessary to give up some things, whether they can be Today done for the building, moving forward, "hintze said.

Focus is not to convert by those who simply use a language or another. On the contrary, managers focused on the operating leverage knowledge development team, and tied up in their own expertise in specific language.

"This is not If I were one. NET development, I was never established. NET services? The answer is yes, you will be building services. NET, but you can also set up service, we hope that the full play, "said hintze.

Emphasis on the rental within the framework of the sale of their own internal. The development team was not informed that if they did not use the framework may be dismissed or moved into other posts. On the contrary, they were told: "Heres direction, and we are ready - we are looking for the establishment of your business experience, and then communicate with the other teams, and the establishment of partnership relations and move forward," said h intze , noted that the end-user of the lines of business included in the process. "This is a partnership between the various groups, everyone is suffering from the skin in the game, at the end of the day." What is the meaning of is the fact that the development manager and Wachovia cibt in the internal development of the various teams Wachovia infrastructure to integrate its services into the onesource. These teams in the building and the release of engineering, information communication, change management, enterprise information security, Active Directory, packaging, access control, help desk (domestic and international), dbas and APP support. Also into the ring QA and testing team for the development and qtp Mercury TestDirector.

Development manager was assigned to the different treatment and interpersonal relationships with Microsoft. NET Framework, the software is based on the onesource client. The latter co-operation partners. NET Framework control suite, and expanded user interface, based on Microsofts multi-document interface framework.

Development Manager and internal coordination and the development of business applications group to aggregate business needs, and agreed that the Co-Design and methods for building and into reusable components and services to enter the local framework, it can be reused by other teams.

Physical infrastructure of SQL Server 2000/2003 clusters and various Java-based application servers running on Windows Server 2003. Framework connected to the back-end systems through S enterprise software company Tibco exchange of information, or environmental management system. Server-side applications is based on the JDK 1.4.

Within onesource and onesource customers, Windows launch of the Asian pulp and paper loader when the employee logs, which recognizes end-user folder structure, and verify the version number and the users PC distribution server, download the latest binary. By initiating the process of certification, verification and access control, and the subsequent launch onesource client. Once its running, APP loader check for updates every minute, end-users informed of the updated binary distribution server.

All interactive client and server-side after Communications Manager - T IBCO EMS. Business applications write to the information managers, which use Web services connected to the appropriate database. Another key pieces of the infrastructure of the incident manager. On the client, business functions run in a container or wrapping paper, it provides a consistent way to exchange information.

All of these services through the developers through the general services Manager (GSM), which provides a single the point of entry to the horizontal application services, and no load common services, such as certification. GSM is the starting point Applications Group, and onesource shell provides access to the core and customized services. GSM, a list of all services, live in a shell, for example, tatman explained. When a user boots window, shell fired onesource and application services with a specific user.

Moving. NET 3.0 and Vista Hintz characteristics onesource for completion of 75 per cent, while The Group continued to introduce new functions and improve the UI. Key to the latter , will be moved to Vista, the initiative is in the Government Wachovia hands of the architectural review committee. Hintze is lobbying to occur sooner or later than this evening, but he did not believe it occurred in this calendar year.

Addition to an improved user interface, users will gain more features and the tight integration with Vista SharePoint and Excel. "From the capital markets point of view, I think this is a very good tool for our leverage," hintze said.

Is the more pressing task. NET Framework. The Group hopes that the gradual development onesource. Net 3.0 - perhaps in the next few months the implementation. The challenge is how to move forward, and use this new technology to break the existing code base.

"You do not want to take two steps forward and one step back proposal, but you would like to take possession of these kinds of things line, "said hintze. . " Net 3.0 of the way we have made a smooth transition to the 3.0 platform, in parallel with some new leverage is what, on the basis of 3.0. " Such a situation has occurred, and those who use Visual Basic 6 (VB6), which is the phasing out of Microsoft with the passage of time. "All the team, we do VB6 who is also reflected in the net arena, so that they double by the development," hintze said. That may occur out of necessity, there are compelling reasons, the Wachovia cibt migration onesource development. Net 3.0.

Team looks forward to take advantage of new functions. Net 3.0, particularly in the Windows Workflow Foundation (WF), according to tatman. One of the objectives is to the outside part of the business rules into a database or configuration file will be from an administrative front-end equipment to enable end-users to change workflow.

"Through this management tool, rather than the user back to the development team and re-factor code and recompiling and deployment, we hope that it will provide some efficiency, and increase the number of functions, "tatman said.

Hintze added that another main feature. Net 3.0, Windows communications infrastructure (the Fund), you can create a common interface layer handling various communications services ranging from HTTP, in order to TIBCOs environmental management system in order to feed the market, such as Bloomberg and Reuters . Perhaps the most important opportunity. Net 3.0, however, will come from the Windows Presentation Foundation (Department).

"Taking into account the foresight that Wachovia to provide a familiar user experience, the Windows Presentation Foundation can help us, and even more the power to enrich the user experience, providing data in a robust manner, business users may not mind, "hintze said. "Therefore, we wanted to change the game a bit to help them achieve their goals."