Banking
Core Banking Transformation: Agile core banking solutions for an industry in upheaval
As banks consolidate and the pressure for results grows, the demand for agile core banking solutions has risen sharply. With our expertise in core banking consultancy and command of Temenos, we’re in a perfect position to guide you to the core banking system you need – and launch it
Banks are constantly confronted by changing business scenarios: mergers and acquisitions; spin-offs; an increase in revenues offset by a reduction in costs; demands for new products; compliance with new regulations.
For economic reasons, more and more banks today are turning to core banking solutions to support their main business. However, many core banking platforms on the market cannot keep pace with the relentless pace of change. So the challenge is not just identifying the right core banking solution. It’s also about deploying the identified solution in such a way that it meets today’s and tomorrow’s requirements.
Selecting, planning and implementing tasks for a new core banking system are always complex. As well as understanding the migration risk involved, the system developers must have a solid grasp of business and IT. Such projects stand a much greater chance of success if you call on an experienced partner.
With our broad spectrum of expertise in core banking systems we can help you make the right choices and ensure implementation runs smoothly. Our services include:
For economic reasons, more and more banks today are turning to core banking solutions to support their main business. However, many core banking platforms on the market cannot keep pace with the relentless pace of change. So the challenge is not just identifying the right core banking solution. It’s also about deploying the identified solution in such a way that it meets today’s and tomorrow’s requirements.
Selecting, planning and implementing tasks for a new core banking system are always complex. As well as understanding the migration risk involved, the system developers must have a solid grasp of business and IT. Such projects stand a much greater chance of success if you call on an experienced partner.
With our broad spectrum of expertise in core banking systems we can help you make the right choices and ensure implementation runs smoothly. Our services include:
evaluating and selecting core banking software based on business, regulatory and IT requirements
defining project roadmaps
managing projects and providing PMO services during implementation
creating interfaces between the current application landscape and the new core banking system
In the past, we have worked on many projects in core banking solutions. Some are:
core banking architecture consultancy
Temenos T24 interface implementation for a large European bank in its private wealth management division
acting as a ‘project office’ while replacing the core banking system of a large European bank’s international corporate banking subsidiaries
overhauling a system platform of one of South America’s largest private banks
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