Authored on: Jan 27, 2012
Whether large or small, traditional or non-traditional, regional or global, all banks now face a similar competitive imperative. Short-term survival and long-term success require simultaneous focus on often conflicting priorities. Flexible core systems are the essential foundation to success.
Those who do not invest in modernizing core systems will be crippled in the marketplace. However, it has been difficult for many banks to build a convincing business case detailing the value that will result from core modernization.
In this white paper we discuss various approaches for core modernization, depending on the current environment, issues and constraints individual banks face.