ITECBAN (Infraestructura Tecnológica y Metodológica de Soporte para un Core Bancario) - Technological and methodological infrastructure for Core Banking support

The ITECBAN project was part of the CENIT programme of the Ministerio de Industria (Department for Industry) in 2006 and lasted four years. Its main objective was the creation of a technological as well as a methodological infrastructure that makes it possible not to depend on techniques as well as on products and limit the information systems in financial environments. The application of GRID systems supported by techniques of artificial intelligence that allow the optimization and resolution of processes was considered on this objective and they made the generation of running code from structured languages easier, which leads to the definition and creation of structures in order to work in collaborative environments.
PARTNERS
The consortium, led by Indra, was also composed by Caja Madrid, Sun Microsystems Ibérica and Daedalus. Besides the participation and contributions from some universities like Fundación de la Universidad Autónoma de Madrid, Universidad Politécnica de Valencia, Universidad Carlos III de Madrid and Universidad Politécnica de Madrid were very important.
The total investment for the project was 33 million Euros and more than 200 people worked on it.
DAEDALUS ACTIVITY
The Daedalus activity in this project was focused on the decisions making processes systems through the use of Business Rules. This type of technology is useful in environments in which the policies, processes and business logic evolve too rapidly for the traditional systems of development of computer applications to manage changes. In these cases, the use of high-level business rules would make possible to update and show applications more rapidly. The field of bank or insurance is a clear example of this type of environments in which the market needs change continually.
A business rule can be seen as an expression defining and conditioning one aspect of the business; it aims at expressing the knowledge of a business or controlling its behaviour, and is usually represented as if-then rules. The fundamental attractiveness of these business rules is its potential to separate the knowledge about the business from its implementation, so that this knowledge can be changed without changing the source code.
The rules engine will have to value and run these rules. There is currently a great variety of these engines, among them Fair Isaac's Blaze Advisor, ILOG JRules and the open source engine JBoss Rules, among others.
Among the Daedalus tasks there is the development of a tool making possible to make the creation of business rules independent from the rules engine chosen for its execution, defining also a methodology that makes the integration of this process of creation of business rules in the life cycle of development of applications established in an organization easier. This tool was named K-Site Rules and it is one of the Daedalus' products.
FINANCIACIÓN
Este proyecto ha sido financiado a través del programa CENIT del Centro para el Desarrollo Tecnológico Industrial (CDTI), dependiente del Ministerio de Ciencia e Innovación.

