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Information Framework


Information FrameWork (IFW) is an enterprise architecture framework, populated with a comprehensive set of banking specific business models. It was developed as an alternative to the Zachman Framework by Roger Evernden.

The banking specific business models represent good practice in banking and is a natural extension to the Component Business Model.

The IFW business models describe the business of the bank and are an efficient communication bridge between business and technology communities. They are designed to be readily accessible to business users and focus on industry issues in areas such as Customer Insight, Multi-Channel Transformation, Core Systems and Risk & Compliance.

The IFW comprises:

The IFW business models typically support over 80% of business requirements and can be easily customized and extended to cover the specific requirements of a bank. The IFW business models will assist a bank in implementing a flexible, reusable, extensible and easily customizable architecture, which in turn will enable the bank to:

In its conception, the IFW was an enterprise architecture framework created as an alternative to the Zachman Framework. In 1987 John Zachman proposed the Zachman Framework to describe Information Architecture with the six concepts: The what related to data, how related to process, where related to network and location, who related to actors and people, when related to time, and at last why related to motivation.

This framework has become part of what is commonly known as the Industry Models. The IBM Industry Models are used primarily for the development of internal company standards, and provide an overall integration layer across an organization's existing and future IT investments. With their strong business and IT orientation, IBM Industry Models are designed to be customized to reflect the precise needs of every company using them. Hence, every company will have its own customized industry-specific version of IBM's data, process and service models, allowing them to represent areas that are unique to their business and constitute competitive advantage. In addition, the models can be easily augmented to embrace industry extensions, jurisdiction and company-specific extensions easily.


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