The financial industry is experiencing a great shift in their digital transformation. They are moving their traditional core banking system to the cloud to reap its benefits and speed up innovation.
A reliable and good core banking software relies on composable architecture connected by APIs. An agile architecture that enables making quick changes to rapidly combine, build, deliver and scale products, among other functionalities.
But, how to select an effective core banking system?. To answer this question, we created a guide that will help to select the right core banking system. As a bank, you need to make sure to go for the right vendor that meets your long-term strategy to become future-proof. We will also provide you with a list of questions to include in your RFI to ensure you have all you need when selecting your SaaS.
In this guide you can find in detail the importance of:
The Cloud Choice Scaling
Data encryption Testing
Ecosystem-friendly Single codebase
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