The US and North American market has in many ways been a pioneer in driving technology adoption. More than 50% of global FinTech investments are in the US. The share of banking IT spend in the US market are more services oriented unlike their European and Asian peers who have a higher share of software investments, reflecting the preferences of a large community banking oriented market.
This compilation of Core Banking Systems Case Studies focuses on such projects across five different suppliers and banks in North America. The case studies contain 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.
The case studies cover in detail the following areas:
- Reasons and drivers for change
- Project profile
- System selection
- Implementation phases
- Challenges and lessons learnt
- Results and advice
1 About this Publication: Core Banking Systems Case Studies: North America
2 ATB Financial (Canada)
3 Blueshore Financial Credit Union (Canada)
4 Farm Credit Bank of Texas (US)
5 Mutual of Omaha Bank (US)
6 Webster Bank (US)