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Transforming the Core Through Open API and Microservices

Transforming the Core Through Open API and Microservices

Jun 27, 2017

Framingham, MA, United States

Details

Event Details

Transforming the Core Through Open API and Microservices

11:00 a.m. - 11:45 a.m., U.S. Eastern Time

To register for this event, please click here.

Summary:

A new approach to core banking system transformation is emerging as a way to de-risk the "rip-and-replace" method that the industry has relied on for decades. Core abstraction - which aims to move line of business logic from older, monolithic systems to more modern architectures using open APIs promises to deliver a number of benefits to the bank's transformation efforts, including lower costs, improved maintenance, closer collaboration between the business and IT groups, and most importantly, a Connected Bank that is both more agile inside the organization and better able to partner with external organizations to drive value to the bank client.

Key Takeaways:

  • An understanding of the core abstraction methodology
  • How digital transformation is dependent on core modernization
  • The importance of open API frameworks
  • How core modernization leads to the "Connected Bank"
  • Driving value through the Connected Bank to internal and external stakeholders

Questions Answered:

  • How can I modernize the bank while keeping core transformation risk to a minimum?
  • How do APIs fundamentally impact the core transformation?
  • What benefits come from this approach?
  • What is the rest of the industry doing to modernize core banking?

Who Should Attend

• Line of business leaders from the retail bank

• Chief executives

• CIOs/CTOs

• Bank innovation executives

Agenda

11:00 AM - 11:45 AM

Transforming the Core Through Open API and Microservices

11:00 a.m. - 11:45 a.m, U.S. Eastern Time

11:00 AM - 11:02 AM

Topic and Speaker Introductions

IDC Web Conference Host

11:02 AM - 11:30 AM

Transforming the Core Through Open API and Microservices

Research Director, Global Retail Banking , IDC

Senior Research Analyst, Consumer Banking , IDC

11:30 AM - 11:43 AM

Participant Q&A

11:43 AM - 11:45 AM

Conclusions/Wrap-up

IDC Web Conference Host