BIAN, the independent not-for-profit organization, has announced 24 new members, including Lloyds Banking Group, Axis Bank, KPMG, and McKinsey & Company, among others, who have joined the organization over the last year. BIAN’s Open-Source Specification tool, aimed at promoting a more composable approach to modernizing banking software, and the addition of 60 new business scenarios for syndicated loans and 60 enriched APIs, have also been introduced.
Facts
- 24 new members, including Lloyds Banking Group, Axis Bank, KPMG, McKinsey & Company, Standard Bank, The Thai Bank Association, TDBank, and others, have joined BIAN.
- The growth in membership highlights BIAN’s growing influence across the industry and expands its global footprint.
- BIAN’s Open-Source Specification tool, aimed at promoting a more composable approach to modernizing banking software, has been recently introduced.
- BIAN has added 60 new business scenarios for syndicated loans and enriched 60 APIs by linking them to its Business Object Model.
- BIAN is a member-led association that relies on successful industry collaboration to thrive.
- The expertise of new members will help to further BIAN’s cause and reduce the common obstacles that the industry faces around interoperability.
- BIAN aims to achieve more progress over the next year with the help of new members.
