Banks should Innovate their way out of this Crisis!

Core banking systems need to change ... from monolithic systems to service-oriented modules! This can, and should be done iteratively.

A more cost-effective and flexible infrastructure enables faster transaction processing and improved integration of business processes.

There are number of assets available that help reduce risks and speed-up the development process.

Transforming these systems helps achieve results, by:

• Reducing time-to-market --- quicker revenue generation
  
• Reducing redundancy & simplifying processes, increases efficiency and reduces costs
  
• Creating a flexible infrastructure that improves one's capacity to adapt to change