Business Process Management for Successful Core Banking Implementations
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چکیده
Mergers or acquisitions tend to complicate the bank’s business portfolio, adding a slew of products and services — many of which overlap with one another. The same goes for IT infrastructure, where multiple core-banking systems collide by offering redundant systems and processes. Without a rationalization and harmonization of the product portfolio and IT systems, it is difficult to achieve any cost efficiencies or a proper integration between the two blended entities. In this situation, it is common to choose a “to-be” core system, which may emerge from selecting one of the two legacy systems or creating a new advanced system. The success of such an imple• Cognizant 20-20 Insights
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