The banking sector with their diversified services and customer relations needs has benefited much form the advent of Web Services. Self-checking web pages that send data directly to their servers through secure lines encrypted to military standards and many more seemingly impossible stuff a few years back. The sheer number of products and services a bank may offer is too large for one data center to handle in the past has been solved by having distributed applications linked to the central computer via the internet. Though many banks outside the developed world still lag behind developed countries in terms of security and robustness of their systems, they are catching up for malware in a bank’s computer can wreak havoc to customers resulting in loss of confidence and their business. Distributed computing and Web Services allows all to use one application on a server simultaneously sending all necessary data for processing to stacked servers in their head offices. They have the toughest security systems in the world and some of the most expensive hardware so they are the ones who are benefiting most from these new and innovative web services.
Apr
13