June 7, 2011

A middleware that connects your life

I have been reading about grid computing and the cloud service of late.   I have been using Rackspace's cloud infrastructure for over a year now.   So when I was brain storming about what's next in financial services, the two ideas collided. 

Consider this my idea on a paper napkin.

Cloud infrastructure helps me run a .net and php service utilizing a variety of servers that connect seamlessly. The beauty of Rackspace's cloud sites is in efficient creation of application through an interface that could have been out of an Apple UI playbook. 

Just as Microsoft and Apache are different beasts, our banking needs are segmented across different vendors who service our different financial needs utilizing different products - the common ones are savings, super, credit card, mortgage and education.

Imagine a service that could integrate all of this seamlessly, one that could translate all of this through an interface that talks to me like a financial planner.  It could have the ability to also compare, suggest and apply for products based on personal criteria.  

Just as the middleware is the glue across grid computing, this service would make sense of everyday life in the context of finances. 

I know its been done before.  But I used to be part of Kazaa, when file sharing was as bad as witchcraft. Apple came alone and made digital music sexy.   With proper execution, even this can become a popular application.






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