IT Roadshow 2019
14th of November 2019
06:00 - 09:00 pm
Modular service platforms as a success factor—how digital transformation in core banking can succeed
Customers have adapted to technological progress faster than banks. This is no secret. They follow their needs and, for example when buying products, want to use easy mobile payments, independent of a particular solution. Many non-banking companies have also realized this and are starting to put traditional banks under pressure by offering new products and innovative solutions. As far as digitalization is concerned, banks in Germany therefore need to get a move on. However, the traditional core banking system prevents them from taking quick steps towards digital transformation. Their legacy IT systems are fragmented and designed for standardized mass processing. Usually, these have grown over decades and are based on obsolete technologies that more often than not gobble up the entire system maintenance budget.
These core banking systems cannot fulfill future needs as they do not meet the requirements for open and flexible processes.
Banks need a new way of thinking for their digital transformation to succeed. The future does not belong to rigid core banking systems, but to modular platform solutions. Based on these, flexible processes can be created and standardized data storage achieved. Most of all, however, modular platforms can be reached over a variety of open APIs, thus allowing the smooth integration of new modules.
If you want to know what such a modular platform solution might look like and what the advantages for banks and other providers are, come to our IT Roadshow. Interested? Then register here!
Please note that we do not cover any travel or accommodation costs for the event.
Thursday, 14. November 2019
zeb- Office Vienna
Interested? Then apply with your CV till 13.11.2019.
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