Core banking systems remain a challenge
NEW YORK – A new study shows that substantial challenges remain for financial institutions seeking to improve their core banking systems.
The study, conducted jointly by consulting firm Accenture, technology giant SAP and the European Financial Management & Marketing Association, shows that flexibility is considered to be the biggest problem with core banking systems, with 70% of respondents selecting this as a primary challenge. Some 47% of respondents also cited cost, while the same percentage cited integration challenges as a
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