Established in 1991, UK-headquartered IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology (traditional and new-age) research, advisory, and media firm, with global coverage and a 360° portfolio of intelligence offerings. For over 30 years, IBSi’s expert teams have delivered independent, in-depth, actionable insights, with a laser focus on everything from Financial Technology, to the global banking, consulting, technology, and institutional investor world. As an Analyst firm, we take pride in covering 2,000+ FinTech vendors in-depth globally – the largest by any global research firm in this space.
IBSi’s iconic annual Sales League Table has been the industry-acknowledged barometer of global Financial Technology vendor performance for 20+ years, covering 100+ leading technology participants from 150+ countries across 20 system types. Every year.
The evolution of core banking platforms is considered the heart of every bank, and their coordinates in the enterprise technology architecture have been significant over the last few years. These have not only been driven by the changing landscape of FinTech collaboration and customer preferences but also necessitated by significant technology trends.
Over 2,500+ core banking deals have been signed-in the last 5 years, with increasing adoption of Cloud-based models. Even as banks tend to focus on the core banking agenda with the twin objectives of being future-ready while optimizing costs, the industry has seen a flurry of action over the last few years with the demand for omnichannel and digital experiences, higher degree of personalization, Cloud-enabled hosting models, and collaborative integration with fast-emerging open banking marketplace ecosystems.
Given the changing preferences across Cloud-native architectures and SaaS platforms, customer-centric architecture, and the recurring themes of Hollow-the-Core, what are the implications for the core banking industry? More importantly, what would core banking systems of the future look like, and how are AI and Data Analytics likely to drive the modular micro-service architecture designs? What implications would this have on investment costs and operational efficiency?
The IBS Intelligence NextGen Core Banking Summit looks to explore the above, with perspectives drawn from industry experts across global banks and technology players sharing their views on a wide range of topics, reflecting emerging technology trends and their wide-ranging implications on the industry.