We understand that implementing a new core system is one of the most challenging initiatives a bank can undertake. It requires bold decisions and rigorous program implementation to achieve sustainable business and technology transformation. But only through core systems transformation can banks achieve the necessary break-through to operate efficiently and compete effectively. That’s where Deloitte can help. Let us help you position your program for success, no matter where you are in your journey.
|The path to a banking transformation is a challenging undertaking that starts immediately, well in advance of any solution development.
|Time for Real Time? Why banks should be giving real-time processing a serious look
Migrating from the decades-old processing technologies and processes to a real-time processing model that completes transactions with no delays can be a game changer. Real time has the power to improve the customer experience, increase back-office efficiency and boost analytics capabilities at a time when real insight is at a premium.
|When legacy is not enough: Understanding the high stakes game of replacing a bank’s core systems
This report examines the challenges associated with selecting and designing a system that will replace a bank’s complex patchwork of legacy systems. In doing so, it takes a multi-disciplinary view, highlighting the five key issues that require careful planning and consideration when replacing a bank’s core IT systems: Scope, deployment strategy, package selection, the business case and organizational readiness.
|How to create a business case for core banking replacement: Making the case for change
This report takes a pragmatic approach to the challenges of building a case for change. It presents practical and proven advice on how to articulate ‘soft’ benefits, such as operational efficiency and strengthened controls; how to tie the benefits of a core banking replacement to the overall business strategy; and how to structure the business case.
For more information about Core Banking Transformation, please contact us at GlobalCoreBanking@deloitte.com.