As the world enters the cloud generation, mainframe-based banking platforms are nearing an evolutionary dead end.

Slowly but surely, the bank’s entire technology ecosystem – from the programming languages, the operating systems, the hardware, to the way their IT organizations operate – will all be in need of modernization. The situation is worsened by the shrinking talent pool needed to keep the legacy systems alive.

To take control of the future, banks need to start by rebuilding their core in the cloud.

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