After years and years (and years) of very little movement in core banking in North America, Celent is now observing activity in both the United States and Canada. A massive movement occurred in the Australian market, where three of the top four banks are switching core systems. Celent has delineated three categories of reasons to move core:
- Business issues
- Technical issues with the core itself
- Integration issues
Bart Narter, Senior Vice President of Celent’s Banking Group, expounds upon these issues so that attendees can consider whether a core banking migration is appropriate.
The presentation draws on findings from the report Why Change Cores?
For audio of this event, please click here.
For more information or a copy of the presentation, please contact Steve Nawrocki at snawrocki@celent.com or +1.617.262.3128.
