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Roadmap to Successful Core Banking System Replacement
The Asian Banker, Sep 2006, Pages: 176
INTRODUCTION
Core banking system replacement is by far one of the most important decisions for any bank today, as it is very specific to a bank??s unique business strategy. However, the replacement process is not as straightforward as it looks. Given the considerably varied views on what defines a core banking system and also how a successful roadmap ?C its selection and implementation ?C should look like, Asian Banker Research highlights the critical elements that will ensure a more robust and successful implementation.
This report provides guidelines to help players in defining replacement objectives, strengthening the selection process by analysing the critical requirements in the choices of platforms, architecture and functionality. The report explains the implementation and deployment process, both from managerial as well as technical perspective, and identifies the critical success factors and best practices for all phases of a replacement project.
This report also analyses the core banking products available in the market, assesses the leading vendors in Asia, and identifies the trends in the Asian markets in general and in specific countries.
This report is essential reading for;
- Key decision makers in IT.
- Key decision makers in Operations.
- Key decision makers in Management.
- Vendors, as report will assist in identifying the right approach and critical success factors for selling core banking systems to the Asian markets.
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