Value team: Cloud payments, VTPie enables them

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Gabriele Bozzi

Value Team's lightning Talk at CloudCamp Milan 2010

Tecnologia Economia e finanças Negócios

Cloud payments: VTPie enables them Milan 25th May, 2010

Times are changing 2010 Rupert Murdoch: “ The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.” 2000 1990 ... 1970 ... 1930

Evolution of cashless 2000 1990 1980 … 2010 1950 ... 1800 Next years we will see big revolutions in payments systems thanks to the merger of mature technologies (mobile, RFID, QR code, biometric recognition,...)

SEPA and PSD really evolving market scenario of payments system International standardization of takings and payment services offer Adaptation of infrastructure systems Risk ,[object Object],[object Object],[object Object],[object Object],[object Object],Actions ,[object Object],[object Object],[object Object],[object Object],*Additional Optional Services

The users needs and the future of payment systems ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Robert Hunt (research director in the Retail Banking Practice at TowerGroup) : “ Most European banks are using core banking systems designed in the 1980s. These systems could not anticipate changes such as the internet, 24/7 banking, and cross-border mergers. To effectively compete in this new environment, banks will need to replace their core systems.”

VT Finance: VTPie technology road-map Technology Innovation Cost Reduction BPM Grid Computing Innovative solutions based on a SOA architecture, fully modular, enabling path of gradual renewal. 2008 2010 SOA The new modules are built as new processes, through the composition of services (free from channels, integration, …) Focus on perfomance improving with a Grid Computing approach Payment as a Service 2009 Cloud Computing 2011

TECHNOLOGY > 100% Java J2EE > 100% SOA VTPie overview

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Value team: Cloud payments, VTPie enables them

1. Cloud payments: VTPie enables them Milan 25th May, 2010

2. Times are changing 2010 Rupert Murdoch: “ The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.” 2000 1990 ... 1970 ... 1930

3. Evolution of cashless 2000 1990 1980 … 2010 1950 ... 1800 Next years we will see big revolutions in payments systems thanks to the merger of mature technologies (mobile, RFID, QR code, biometric recognition,...)

6. VT Finance: VTPie technology road-map Technology Innovation Cost Reduction BPM Grid Computing Innovative solutions based on a SOA architecture, fully modular, enabling path of gradual renewal. 2008 2010 SOA The new modules are built as new processes, through the composition of services (free from channels, integration, …) Focus on perfomance improving with a Grid Computing approach Payment as a Service 2009 Cloud Computing 2011

7. TECHNOLOGY > 100% Java J2EE > 100% SOA VTPie overview

Value team: Cloud payments, VTPie enables them

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Value team: Cloud payments, VTPie enables them