The transformation of a bank's core system follows a roadmap unique to the bank itself. It needs to consider the breadth and depth of a bank's products, the data in and out of the core system, and the change agenda of the organization. IDC Financial Insights research reveals that a significant percentage of core banking projects fail, much of this from the assumption that a one-size-fits-all approach to changing the core works.
Banks however have more choices now in transforming. Their choices allow them to build their own platform to propel their bank to digital banking. The set of choices even extend to the model of deployment of the core system itself and the components around the core. So, banks can succeed in platform-building with the benefit of hybrid, or cloud, or as-a-service. The choice is ultimately for the bank to make.
Latest IDC research on:
•Core banking outlook for 2023
•Platforms and Core Banking Systems: making the benefits of choice, continuous improvement, risk-managed transformation real
•Lessons learned in choice of deployment and consumption of Cloud vs Hybrid vs As-a-Service
|Time||Event & Speakers|
Welcome Remarks & Presentation by IDC
Associate Vice President, Head of Advisory & Research, IDC Financial Insights Asia/Pacific
Overview/ Presentation by Silverlake
Soo Eng Tan
Senior Solutions Director, Silverlake Axis
Roundtable Discussion Moderated by IDC Analyst
Closing Remarks by IDC & Networking
58 Years | 1300 Analysts | 110 Countries
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