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Big Breakthroughs as Banking in the Cloud Replaces Legacy Systems

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Celent have reviewed this profile and believe it to be accurate.
27 September 2021

“Financial institutions have long viewed legacy core technology as a hindrance to innovation,” said Stephen Greer, senior analyst at Celent, commenting on Finastra’s announcement. “They are realizing that an open, cloud-based core has the ability to actually facilitate innovation and eliminate the roadblocks and inefficiencies caused by lack of integration with other technology solutions used within the institution.”

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News article details

Industry
Retail Banking
Media Type
News Articles
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America