We’d love to hear your thoughts on this crucial question:
How do you define “Core Banking Systems”?
A. Transaction Processor
B. Product Factory creating basic services (e.g., savings/checking accounts, loans)
C. Central database for customer information
D. Regulatory framework governing implementation & operation of banking systems
E. None of the above
F. All of the above
System Partners, we can help you develop a comprehensive plan for your transformation that aligns with your overall business strategy. To learn more about how we can help,
Found this article interesting? Check out these three related reads for more.
- Exploring the true essence of core banking systems
- Why is it referred to as a core banking transformation instead of just a migration?
- Series (1/10): Why core banking transformations often fail – Lack of clear goals and objectives
#CoreBankingTransformation #BankingDefinitions
