Siebel Financial Services Connector for IFX XML Guide > Overview of Siebel Connector for IFX XML >

About Siebel Connector for IFX XML

Oracle's Siebel Connector for IFX XML provides integration between Siebel Business Applications and other systems. The connector makes use of the IFX Business Specification document Version 1.0.1, a financial industry standard XML specification.

The Siebel Connector for IFX XML receives, parses, and processes the business operations specified in the XML message. It handles both outbound and inbound messages.

This integration offers powerful capabilities designed to support communication between a financial institution and its customers, its service providers, and other financial institutions. Eventually it will support direct communication between a financial institution and its customers. This solution allows you to effectively harness the synergies between Siebel front office applications and IFX-based applications. The Siebel Connector for IFX XML extends Siebel applications to integrate with back office data and business processes.

The Siebel Connector for IFX XML supports both synchronous and asynchronous transactions across application boundaries. The resulting consistency and sharing of data enables efficient coordination between front and back office operations. For example, a customer can request a balance inquiry in Siebel Financial Services Enterprise Applications and receive real-time response from an IFX-enabled banking application within the bank. Similarly, an individual account holder may bank from home using a secure connection over the public Internet to connect to the financial institution's Siebel Business Application. The request message, sent from the customer's personal computer at home, may enter the financial institution's private data network for processing or be routed to a third-party service provider that processes that message on behalf of the financial institution. Regardless of the organization that actually processes the message or what computing and network architecture that organization has installed, the customer receives a response message with standard semantics.