Avoid expensive mistakes, learn from the personal experiences of 50+ real-life system replacement projects
Making changes to any core banking system is one of the most challenging and intensive projects faced by IT managers. The continual evolution of technology and banking products, and the weight of new regulatory requirements, means a replacement or upgrade of the core system will face every bank sooner or later, regardless of its size, scope of operations and geographical location.
Core Banking Systems Case Studies is a compilation of over 50 real-life banking system implementations drawing on the personal experiences of top-tier executives, IT directors, project co-ordinators and managers from financial institutions around the world. This extensive online compilation of independently researched case studies presents an unbiased view of the challenges faced by each financial institution, and the outcomes.
Changing a core banking system is probably one of the most complicated and intensive projects faced by IT managers and even the most experienced will approach this task with more than a little apprehension. However, the continual evolution of technology, banking products and regulatory requirements, means a replacement of the core banking system will face every bank sooner or later, regardless of its size, scope of operations and geographical location.
Core Banking Systems Case Studies contains a thorough analysis of the system conversion process based on the real-life experience of financial institutions around the world, starting with selection, continuing through the implementation phases, to going live with the new system, and analysing the outcome.
It constitutes an independent, unbiased view of the challenges faced by each financial institution with due regard to the specific banking and banking systems markets, the economy, legislation and public awareness in relevant geographies. It explains how various problems and difficulties were overcome and how the required results were achieved (or not) so that similar problems can be avoided in the future. The respondents, who were directly involved in the projects and steered them through highs and lows, offer constructive advice throughout each online case study, drawing on personal experience, making this an ideal resource to ensure success and avoid pitfalls.