What’s kept banks and financial institutions from modernization? The reliability of their legacy systems coupled with the need to keep operations up and running at all times.
Nevertheless, it’s become undeniably clear that core banking modernization is a requirement for digital transformation. The ever-growing demands of customers and the need to modernize while maintaining business as usual makes now the perfect time to embark on a core modernization journey.
While core modernization programs can be risky and complex, it’s the only way banks and financial institutions can unlock the true potential of digital offerings. For a successful transformation, it’s critical to manage stakeholder expectations and set the right metrics. A recent Gartner report outlines recommendations for building and persistently managing a digital business case to ensure success.
By choosing the right strategy and transformation partner, banks and financial institutions can manage their risk and implement agile architecture at an accelerated pace.
Download the report by Gartner to learn more about building your business case for core banking modernization funding to enable digitalization.