Sailesh Panchal

Sailesh Panchal, is a Global Architect at Travelex, where he leads the Enterprise Architecture team. His responsibilities have included leading the introduction of J2EE, Spring and ESB, and building Agile development teams ready for the challenges of regulatory change in the Financial Services.

Sailesh has 20 years of experience in the industry including designing and building safety critical drilling software for the oil industry, high volume/performance messaging processing systems for telco switching systems, and distributed architecture and teams at JP Morgan Chase.
In his spare minutes are spent on his twin boys, photography and learning the piano.

Presentation: "Agile integration using standards - a reality check"

Track: Banking Architectures

Time: Thursday 16:00 - 17:00

Location: Fleming Room

Abstract:

Why services "standards" have not met real world integration needs in the financial industry and what to do about it.

One of today's biggest drivers of integration projects is the SEPA Single European Payments Area legislation. This is impacting business, systems and workflow for all financial institutions in EMEA. This session uses the example of SEPA to contrast the needs of integration architects with the real difficulties of working with multiple incomplete XML messaging and SOA standards.

The Unifi (ISO 20022) messaging standard for XML addresses this problem, via governance of the big picture. Attendees will learn about the value Unifi provides around authentication, authorisation, integrity, confidentiality, non-repudiation and other important messaging concerns. Unifi impacts the whole Enterprise Architecture, is well supported in the industry and is something that everyone in Banking and Financial Services should know about.

Practically, we also look at the tensions between extreme business change driven from the top down, and bottom up design and delivery practices. Introducing a rigid messaging standard to the Enterprise is good for Architects advocating ContractFirst RESTful interface designs, but it has challenged the ability of Agile development teams to focus, when refactoring and migrating existing systems.

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