Core banking modernisation: a bank’s biggest technology decision

FintechBy: Farzad Didehbaz2 min readSource: IBENA
Core banking modernisation: a bank’s biggest technology decision

1Introduction

Core systems manage accounts, deposits, loans and transactions; many are decades old.

2Discussion

Modern cores are modular, API-first, real-time and cloud-ready.

Big-bang replacement is extremely risky; gradual migration with an integration layer, product-by-product moves and parallel runs reduces outages.

3Conclusion

Success depends on executive support, data-migration quality, process redesign and training.

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Sources

  1. IBENA ↗
  2. MBRI ↗
همفکران فناوری شریفThis article summarises the official sources cited, prepared by the Hamfekran Fanavari Sharif team for finance leaders.
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