The Banking Industry Architecture Network (BIAN) is a collaborative not-for-profit ecosystem formed of leading banks, technology providers, consultants and academics from all over the globe. Together this network of professionals is dedicated to lowering the cost of banking and boosting speed to innovation in the industry. Members combine their industry expertise to define a revolutionary banking technology framework that standardises and simplifies core banking architecture, which has typically been convoluted and outdated. Based on service oriented architecture principles, the comprehensive model provides a future-proofed solution for banks that fosters industry collaboration.