Banks are increasingly subjected to ever higher cost pressures driven by shrinking margins and increasing investment needs, so it’s more important than ever to consider modernizing banking technology to reduce complexity and to gain efficiencies.
The need to review and optimize the existing IT architecture and depth of value creation is growing steadily. However, there are also considerable implications for the bank’s business products and processes supported, costs of changing and running as well as future strategic options. Therefore, an informed decision on the “right” core banking system has to take all functional perspectives into account.
Download our white paper now to learn about the challenges and success factors for making an informed decision when contemplating a core banking system conversion.
This white paper is brought to you by Finastra