Modernizing Core Technology for the AI Bank of the Future

To realise the promise of AI across organisation banks need to upgrade core technology to scalable and resilient one. This core layer will enable seamless operations, optimize OPEX and deliver exceptional customer engagement. There is an increasing demand for the technology infrastructure to support more complex use-cases involving analytics and real-time insights. The need is to develop a strategy to address challenges around the right cloud-ready environment, legacy programs, processors, open-source integration (transition from legacy systems like SAS language), and scalable deployment to enable a full modernization journey. The complexity of identifying a strategy is centered around the integration of existing critical processes within a new target architecture.