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Global > New Zealand > Industries > Financial Services > Banking > Core Banking Transformation

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Core Banking Transformation

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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 programme 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. We have consulting professionals in New Zealand with hands-on international experience of this most challenging of journeys. In addition, we have a global core systems transformation team made up of consulting professionals who have implemented technology from the leading core banking vendors, and who have led the related end-to-end business transformation. We understand that there are many routes to success - we can help you find the right one for your needs. Let us help you position your programme for success, no matter where you are in your journey.

Process map - core banking transformation The path to a banking transformation is a challenging undertaking that starts immediately, well in advance of any solution development.

Learn more...

Grabbing the legacy nettle – what does a CIO need to consider when replacing core systems?
There are no prizes in the CIO game for spending lots of money on systems without creating significant incremental value to the business.
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 organisational readiness.