Core Modernization 2024: The Next-Generation Opportunity

Core Modernization 2024

By this point, it is generally understood in the banking industry that legacy core systems are holding financial institutions back from competing in a technology-driven future.

In this report, we examine the current state of core modernization, with an emphasis on the emergent technologies and capabilities set to drive the future.

The goal is to help financial institutions understand what embracing next-generation infrastructure looks like, regardless of where they are on their own journey.

Key Findings of the Research

  • Many financial institutions want to adopt best of breed solutions, but they also value the stability and reliability of their current core system providers.
  • Some forward-thinking banks are experimenting with next-generation infrastructure, which offers more flexibility and scalability than traditional systems.
  • Next-generation systems are likely to become more popular as we move closer to mainstream adoption.
  • A few providers are already innovating beyond the current standards for next-generation systems, showing a glimpse of the future of financial technology.

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Core Modernization 2024 Report!