Progressive modernization: a step-by-step guide for future-proofing your bank
In recent years, cutting-edge technology has become a huge competitive advantage in the banking industry. Unfortunately, few banks are able to fully optimize their systems due to concerns like legacy tech and technical debt. The good news is that, for the first time in a decade, senior executives are putting tech ahead of profitability, and this is a massive opportunity. But where do you start?
In this guide, you’ll explore the pros and cons of three approaches for hollowing out your core: a big bang replacement, the greenfield approach, and progressive modernization.