Thought Paper

Core Banking Modernization: Why Your Bank Can’t Afford to Stay Behind

About the thought paper

Dive deep into the critical need for core banking modernization in emerging markets through this thought paper. Explore the current state of core banking systems, key areas for improvement, and strategies for aligning modernization efforts with business objectives to drive growth and innovation in the banking sector.

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Chapter 1

Current State of Core Banking Systems

Chapter 2

Areas of Improvement

Chapter 3

How Modernization Can Address Challenges

Chapter 4

Aligning Core Banking Modernization with Strategic Business Priorities

Chapter 5

The Path Forward

What’s inside?

  • Gain insights into the current state of core banking systems in emerging markets, including their limitations and challenges.  
  • Discover the critical areas for improvement in legacy core banking systems and their impact on bank operations and customer experience.  
  • Explore strategies for aligning core banking modernization efforts with strategic business priorities to create new revenue streams and enhance competitiveness.  
  • Uncover practical approaches to overcome common pitfalls and ensure successful implementation of core banking modernization initiatives.  
  • Learn how modernization can address key challenges in areas such as liquidity management, compliance, risk management, and product development.