CORE BANKING SELECTION CHALLENGES & APPROACHES A TIER 2–3 BANK PERSPECTIVE

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Context – Setting the big picture

The Core Banking System is considered as being the heart of every bank. One of the most critical factors in the successful modernisation of the technology backbone is choosing the right solution and supplier, to complement the bank’s strategy, business needs and values. The choice of an inappropriate solution partner may lead to both short-term and long-term implications.