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Most large banks throughout the world have a highly heterogeneous technology environment comprising several disparate applications running on a variety of platforms. With shifting economic conditions and rapidly evolving IT strategies along with mergers and acquisitions, few banks have had the appetite to untangle the morass of legacy systems running their businesses. But that is not holding up progress and innovation, thanks, in part, to the increased adoption of Web services and its conceptual cousin, the Service-Oriented Architecture (SOA).
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