January 4, 2011 – The concept of SaaS clouds has gained significance with services being hosted in a common cloud environment within the enterprise or outside the enterprise.

In this interesting article, “Innovative Implementation of Cloud-Based SaaS Enterprise Frameworks”, found on Sys-Con, the author proposes an innovative implementation of cloud-based SaaS enterprise frameworks in “Corporate Action Events” processing. Cloud-based SaaS has the ability to utilize the services from a common framework either internally using private clouds or externally using public clouds.

The article covers many aspects of cloud-based SaaS services, such as enterprise services frameworks and current industry trends. Technology standards like XBRL are becoming mandatory mode for risk mitigation and also for standardization. The clouds offer new solutions for new and old challenges.

Melody K. Smith

Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.