Whitepaper Summary

Core banking transformation has shifted from optional to unavoidable. Since 2021, banks worldwide have launched more than 100 modernization efforts—some successful, others scarred by cost overruns, delays, or unmet expectations.

The CB RADAR™ report tracks 113 real transformation projects across geographies, vendors, and institution types, cutting through marketing spin to provide directional intelligence on what’s really happening in the field.

Key Insights

• Fragmented Vendor Market – Top three providers control only 30.1% of implementations; no single dominant leader.
• Cloud-First is Now the Baseline – 84.5% report cloud adoption, though definitions vary from hybrid to full SaaS.
• Reported Success vs. Reality – 72.5% of projects are said to be complete or live, but executive optimism often masks overruns and compromises.
• Regional Imbalance – Nearly half of transformations concentrated in the US, with APAC and emerging markets just beginning to accelerate.
• Migration Complexity – Medium complexity dominates, while full-stack modernizations remain high-risk but increasingly feasible.

Don’t let the “People Problem” hold you back from achieving your transformation goals. Get the Whitepaper now to gain valuable insights and practical tips on how to succeed. Just enter your name and email address below and we’ll send the whitepaper straight to your inbox.

Gain insights from real-world banking transformations—what works, what doesn’t, and how to ensure success in your own transformation journey.