If you select to save your credit or debit card information during checkout to use again for future orders, your card information is encrypted and stored only by Stripe, who have been certified as a Level 1 PCI Service Provider (the highest level of security certification available for online payment services). Our credit and debit card payments are securely processed by Stripe, and your full card information is neither stored by our site or accessible to our team. Benefits are that the costs are known and controlled and the mainframe is stable and reliable, according to Brown.Orders placed via our website can be paid using any of the following methods: 'At Merrill Lynch many business processes run on the mainframe,' he said. In an SOA framework, reliance on a mainframe isn't something that needs to be changed. When getting systems that haven't talked together to work together in a process, data is the problem. You can't really do it without BPM,' he said.Īnother stumbling block is data, Brown said. 'Getting a real capacity for processes is very important.

Two of the biggest issues to deal with are capacity management and SLAs, Brown said. With SOA initiatives, as with any technology or framework, there are new problems. 'If you are in a commoditizing business, data drives efficiency.' Those two things are driving the strategy at Merrill Lynch,' Brown said.įurthermore, the processes you put around data are competitively differentiating. Our major cost is driven by process integration and data. 'At Merrill Lynch we focused on operating efficiencies, put everything on standards. BPM tools let you capture the processes out of peoples' heads and write them down,' he said.įor financial services in particular, one of the most important considerations in SOA development is process effectiveness, Brown said. 'Getting business thinking about how processes should work very complicated. To help create real-time process visibility, adoption of business process modeling tools alongside SOA is important. 'We've been talking different languages for the past 20 years,' Brown said.Īt its core, SOA is process oriented and gets business people thinking in a process-oriented way. SOA creates return on assets via systematic reuse, Brown said.Īlthough the idea of reuse is not new, he added, 'what SOA does is change it from a technology problem to a business problem.'Ī key benefit of an SOA approach is that it creates a common language between technology and business people, Brown said.

The dream of a common language