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A clear path ahead: migrating to digital core

An IDC Infobrief sponsored by Thought Machine

Migrating toward digital core banking is filled with challenges, especially as the project comes face-to-face with the day-to-day realities of running the bank.

Any new digital core banking system has to quickly deliver business benefits, co-exist with current systems and processes and will require different resources to be successfully implemented.

Research by IDC and Thought Machine reveals that 40% of Asia Pacific banks will make significant changes to their current core banking system in the next three years. The digitalization of their core banking systems will be a gradual process, following a multicore transformation path – a path that provides customers choice over their vision, strategy, and risk profile for delivering digital core banking transformation.

Find out more about how Asia Pacific banks are transforming themselves for the future of financial services. Please complete the form to access the full report.