Categories: Analysis

This way you can effectively modernize your core business while reducing risk

  • Consumer expectations are rapidly changing the way banks operate. What challenges do banks face in today’s environment?
  • How can banks achieve the level of business agility required in a world that is moving faster than ever before?
  • How can banks move forward from where they are today? What are effective strategies and tactics to modernize core banking systems effectively and without business disruption?
  • What role do AI and GenAI play in promoting human talent? How can banks harness the potential of these innovations?

In a world of change, it has never been more important for banks to rethink the products and services they offer and the way they deliver their products. In a volatile macroeconomic environment – ​​with elections, political instability, cost of living crises, stuck interest rates and changing customer expectations – companies must be more agile and flexible than ever before.

The changing customer needs and generational shift we are currently experiencing highlight the need for seamless, fast and convenient processes. However, to meet these expectations, banks need an agile and flexible core banking solution.

But for complex projects of this size, ripping and replacing rarely works. So how can banks effect change without disrupting operations? While technology is the cause of many problems banks face, it is also the solution. We discuss strategies and tactics on how banks can use data, technology and AI to successfully rethink banking.

Register for this Finextra webinar hosted in collaboration with Finastrato join our panel of industry experts who will discuss modernizing core banking and leveraging technology to meet rapidly changing consumer demands.

David Brooks

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