Source: Capgemini
With significant initial investments and long payback periods before generating substantial return, is it worth transforming your core banking system, asks Capgemini.
The paper stresses the importance of properly assessing both quantitative as well as qualitative benefits that a core banking transformation will achieve. A bank should embark on the transformation journey only when there is a strong business case and positive ROI associated with the project. An appropriate transformation approach must be decided upon based on the resource requirements of a bank and the TCO associated with the core banking solution.
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