Compete in the digital age
Become customer-and lifestyle-centric, driven by data and powered by open and agile systems.
Costs reduction
Automation and consolidation
Risk elimination
Revised compliance management
Revenue growth
New products launched quickly
Digital experience
Increased customer engagement
Objectives
Revamping an aging technology stack allows incumbents to reinvent themselves and drive sustainable growth in the face of rapid change. It gives banks the flexibility and agility to compete with new players. And simplifies complex operations — driving cost savings, improving TTM performance and lowering the total cost of ownership.
Implications
The renewal of existing infrastructure with cloud technologies, open APIs and microservices unlocks the door for innovation. Taking advantage of dynamic scalability, high resiliency, continuous deployment, canary releases and feature-rich cloud platforms is a fundamental change — one that requires the right strategy.
Practicalities
A component and microservices-based architecture can progressively transform your IT system, no need to put an entire system or business at risk. We provide a customized, component-based modernization approach that enables a bank to gradually retire or update expensive, older back-end applications and technology.
