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Web Applications - OCEAN powers Rapid Application
Development for the Web! |
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Business
application development within Financial Services has never been
straightforward. In spite of huge advances in IT, the high level of domain
knowledge required and the pressure on businesses to perform defies
standardisation of approach much beyond the use of general
"infrastructure" level technology. However, the benefits of using
Internet- and Intranet-based solutions, in terms of distribution and support
and the potential to extend the lifetime and ROI on legacy systems, have led
to a substantial increase in the use of this approach. In the first half of
2006, Lexington carried out research across a
range of Financial Services organisations to identify the extent to which web-based design is becoming the
“technology of choice” for the development of business
applications and what people perceive as the strengths, weaknesses,
constraints and benefits of the approach. We
found a high commonality of views in the following areas: ·
The relevance of web applications to Financial Services
companies is huge, with major
advantages in terms of large scale distribution and support ·
Whilst web technology is now in wide use, its potential
to provide competitive advantage
remains largely untapped ·
E-Application development costs have been higher than anticipated and many technical issues
remain ·
Perception is that the client / server and web
application approaches have different limitations
on flexibility - this can lead to duplication of development effort ·
The zero client (standard browser) approach has many
advantages, but suffers substantial
design and functionality constraints ...perhaps
best summarised in the words of one of our respondents "Web
based applications have a lot of potential, but easy e-business - is
difficult!" . At
Lexington, we believe that this perception deserves to be challenged, which
is why we have teamed up with the developers of OCEAN, a new approach enabling the rapid development of complex
e-business solutions. The requirement for domain knowledge and the pressure
on businesses to perform will always remain - but OCEAN can revolutionise web-based solutions delivery. OCEAN provides a platform for the
development of robust, scalable, secure and complex Internet based business
applications - with all the functionality of a typical desk-top solution.
With access to a library of around 450 pre-programmed tried and tested
components, and a comprehensive range of systems integration interfaces, OCEAN gives applications developers an unparalleled
capability to prototype, develop, implement and roll-out complex business
applications across user organisations - with functionality, look and feel
equivalent to everything that a desk-top application user will expect - yet
all available via a standard browser. Allied
to the extensive range of banking, investment management and insurance domain
knowledge available through Lexington, we offer a complete solution to clients
seeking to extract more value from their technology investment, through both
new and existing systems. Challenge us with an application you want to
develop for web-use but feel that the technology won't allow it! |
Related Lexington Service Offerings:
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© Lexington Systems Limited 2006 |
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