Converging technologies in banking for digital transformation
On March 13th, 2023, we published an article titled "The End of Banking as We Know It." In the [...]
Series (10/10): Why core banking transformations often fail – Poor governance
Vol 10 / 10 The single biggest reason core banking transformations fail is poor governance, and this responsibility starts [...]
Series (9/10): Why core banking transformations often fail – Failure to re-engineer
Vol 9 / 10 A primary reason core banking transformations fail is the resistance to change from employees, customers, [...]
Series (8/10): Why core banking transformations often fail – Treating it like a technology project
Vol 8 / 10 Core banking transformations are comprehensive business projects that encompass nearly every department within a bank [...]
Series (7/10): Why core banking transformations often fail – Treating it as a project instead of a transformation
Vol 7 / 10 A core banking system is the heart of a bank's operations, serving as a product [...]
Series (6/10): Why core banking transformations often fail – Lack of experience
Vol 6 / 10 In the realm of core banking transformations, inexperience can significantly amplify the risks and complexities [...]
Series (5/10): Why core banking transformations often fail – Technical challenges
Vol 5 / 10 Navigating Technical Challenges in Banking Transformations Banking transformations often entail the adoption of new technologies, [...]
Series (4/10): Why core banking transformations often fail – Resistance to change
Vol 4 / 10 Resistance to change is a significant barrier in core banking transformations, often overlooked by bank [...]
Series (3/10): Why core banking transformations often fail – Ineffective communication and collaboration
Vol 3 / 10 Ineffective communication and collaboration can severely undermine the success of complex projects such as core [...]
Series (2/10): Why core banking transformations often fail – Insufficient resources, planning and preparation
Vol 2 / 10 When banks undertake a core banking system transformation, having insufficient dedicated resources, inadequate planning, and [...]