Abstract
Industrialization is an innovative trend not only in information systems development but also in the financial services sector. In order to support modularized business services by component-based information systems, we apply models and methods from manufacturing like bill of materials and process plans. These component-based information systems are implemented based on a service-oriented architecture. For each service element a software component is defined. Mass customization and generation of product variants are achieved by composition of these components. As a proof of concept, Life Charts, a new advisory approach in personal financial planning, is implemented based on financial web services. The approach is evaluated using the criteria performance, development cost, maintenance cost, and capability to handle complex compositions.
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Olschok, B., Schmidt, G. (2008). Industrialized Generation of Financial Services by Component-Based Information Systems. In: Abramowicz, W., Fensel, D. (eds) Business Information Systems. BIS 2008. Lecture Notes in Business Information Processing, vol 7. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-79396-0_27
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DOI: https://doi.org/10.1007/978-3-540-79396-0_27
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