TECH BUYER Jul 2022 - IDC Perspective - Doc # AP49080022

Understanding the Legacy Core — Empirical Evaluation and Decisioning

By:

Ganesh Vasudevan, Steve Shipley (EXT)
Table of Contents

Executive Snapshot

Figure: Executive Snapshot: Structured Assessment of Legacy Core Banking System

Situation Overview

Legacy Core Banking System Assessment Measure

Figure: New Digital Core Attributes

Figure: Decision Matrix

Defining the Evaluation Methodology

Figure: Business Attributes — Scoring Matrix

Figure: Technical Attributes — Scoring Matrix

Measuring Business and Technical Values

Figure: Sample Business Value Scoresheet (Bank X)

Figure: Sample Technical Competence Scoresheet (Bank X)

Application of Values in Decisional Matrix

Figure: Sample Decision Matrix (Bank X)

Identifying the Transformation Action Plan

Advice for the Technology Buyer

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Synopsis

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