Get the Banking Leader's guide to cloud-native core banking migration, featuring a six-step framework to deliver a risk-managed migration. From 10x, in collaboration with Amazon Web Services (AWS) and Contino, a Cognizant Company.
Executive summary
Many banks are dissatisfied with their existing core banking platforms, and over 75% of banks agree that a modern, cloud-native core would enable them to:
- Release and update products faster
- Provide a better customer experience
- Enable staff to do their jobs better
- Provide easier access to data and reporting
- Benefit from operational and cost efficiencies.
But despite the benefits, modernizing a core banking platform is a significant, operationally critical endeavor. It requires the right approach to understand, manage, and mitigate implementation risks successfully.
This whitepaper from 10x, in collaboration with AWS and Contino, covers how banks should approach a cloud-native core banking modernization project.
It outlines why banks should consider cloud-native core banking before sharing a six-step data migration framework and the tools needed for a resilient, low-risk project.
As a result, banks can deliver a risk-managed core banking data migration that will transform the customer experience, avoid downtime, meet the regulator's expectations, and effectively manage transition costs.
Download the whitepaper
Who is this paper for?
This paper is for Product, Strategy, and Technology Leaders involved in core banking migration projects at banks, building societies, credit unions, and other financial institutions.
About the authors
10x is the company behind SuperCore®, the world's most powerful cloud-native core banking platform. Running on AWS cloud services, SuperCore powers leading banks globally like Chase and Westpac, enabling banks to launch products and customer experiences faster and more cost-effectively, powered by real-time data.
Amazon Web Services (AWS) is the world's most comprehensive and broadly adopted cloud platform, offering over 240 fully featured services from data centers globally. Millions of customers–including the fastest-growing startups, largest enterprises, and leading government agencies–trust AWS to power their infrastructure, become more agile, and lower costs.
Contino, a Cognizant Company, is an engineering-led digital transformation consultancy that helps large, heavily-regulated enterprises to become fast, agile and competitive. Contino works with some of the world’s biggest brands to unlock real business value through transforming their people, processes, and technology.
