Core Banking Systems for Large Banks - the packaged solution comes of age

White Paper Overview (PDF 621kb)

• McKinsey suggests there may be evidence to show a correlation between the performance of banks and whether they have successfully implemented new core banking technology
• Maintaining legacy core systems cannot ultimately deliver the improved agility and cost savings that the business is looking for
• For some banks, where the business outside their traditional home base is now larger than their domestic business, questions are raised about an ongoing strategy of building systems in-house which are typically not flexible enough to accommodate these international activities
• The reduced cost and increased capacity of in-house, off-shore development does not necessarily deliver a new architecture or introduce real business innovation
• The notion of a core banking 'platform' is emerging, i.e. an environment that puts in place the basic core banking capabilities quickly and does so in a way that ensures compliance with SOA principles and open standards to make future investments focused on differentiation possible
  

Download the White Paper

To download this PDF white paper please complete the fields below. Fields marked with an asterisk are mandatory. This information will help Temenos keep you informed on topics relevant to your areas of interest. Information you give us about yourself and your company will be treated confidentially and will only ever be used in Temenos' dealings with you and your company.