Furthermore creating a set of requirements is important, independent of different technology suppliers, which ensures that the development of solutions from the different suppliers ensures maximum freedom and flexibility. Consequently, the competitiveness for the users will increase. This could apply both nationally and in the European market. Due to the fact that the users will increase their competitiveness - their products can be tailored to their customers needs. Additionally this could be the initial activity to set up a marketplace for the suppliers and the users in the area of business-components.
Financial institutions are the users in the network.
Technology suppliers, such as SNI and IBM have already started the development of object-oriented frameworks for financial services. Consultancy companies or the Financial institutions themselves - which assemble the components into integrated solutions. The target audience is the four groups of technology suppliers identified, and the major players within each group. Moreover we will set up world wide web or discussion group to ensure the flow of information between each workshop. The final report will be incrementally produced, throughout a sequence of five workshops.