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Spotlight: Executives mistake perception for progress.
This Week’s Sketch: Finding the Sweet Spot: Balance Wins
News: AI shakes wealth and banking.
Strategy: Benchmark your core transformation performance.
Careers: Now hiring: payments, core, operations.
Next Week: Reveals how bias distorts benchmarking and transformation.
Strategy meets execution here. Don’t miss what could spark your next big move.

Lesson in Bias

In CB RADAR™ 2025, 72.5% of banks called their core transformation a success, yet industry benchmarks tell a more complicated story. The real gap isn’t technology or funding, it’s perception. Optimism bias quietly reframes delays as pivots, stabilization as completion, and survival as victory.
The banks that outperform build truth into governance, measure outcomes (not just milestones), and validate progress independently.
Are you measuring momentum or real impact?

Finding the sweet spot

In core banking modernization, bigger isn’t always better and smaller rarely moves the needle. CB RADAR™ 2025 reveals that medium-complexity transformations consistently outperform both oversized overhauls and superficial upgrades. The difference? Focus, scope control and alignment with organizational readiness.
Altruist launched Hazel AI Tax Planning on February 10th, and the wealth management sector immediately had a bad day.
Analysts say traditional advisors still have strong moats—but fintechs like Robinhood are steadily winning younger customers, proving disruption is real, even if gradual.
BNY Mellon now deploys 134 “digital employees” after cutting headcount and investing $3.8B in tech, 19% of revenue, with analysts projecting a 19% EPS lift. This isn’t a pilot; it’s a major operating shift.Ready to explore? Dive into the highlights to see how leaders in the banking space are tackling innovation, efficiency, and scalability head-on. Let these stories inspire your own transformation journey. |

Benchmark yourself

Every core transformation feels unique, until you see how it stacks up against 113 global peers in CB RADAR™ 2025. Use the Core Banking Readiness Scorecard to turn perception into evidence and see where your bank truly stands.
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