European markets have always had a very different set of challenges from the rest of the world. Seen as a confluence of rich history and also as a lab for technological innovations, European banks are quite different from their global peers.
The profile, history, reach, sophistication and requirements of European banks vary from the Eastern bloc to Western Europe, and from the Scandinavian to the Mediterranean. The banking technology implications of macroeconomic and socio political developments – be it in the EU or be it the Brexit, have always had an influence on the banking platform requirements.
This compilation of Core Banking Systems Case Studies focuses on such projects across five different suppliers and banks in Europe. 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: Europe
2 Alpha Bank (Europe)
3 Bank Hapoalim Switzerland (Switzerland and international)
4 Coutts (UK and international)
5 Hypo Alpe Adria Bank (Europe)
6 Nationwide Building Society (UK)