Core Banking Transformation Solutions

IBM delivers integrated technology to help meet the changing needs of your business, while reducing implementation risk.

To respond quickly to increasing regulations, globalization, and advances in technology, banks need to modernize their core banking systems.

Replacing all legacy systems at once is not always possible. With IBM's component business modeling approach, you can deploy new business products and services that integrate with your legacy system.

The Core Banking Transformation solution has three areas containing specific projects that address the needs of each area. Select your highest priority projects and add others as you need them.

IT Foundation Transformation

With a flexible, scalable, and integrated IT infrastructure, you can renovate your core banking system as your needs change. The IT Foundation Transformation product group provides foundational systems that:

• Simplify your infrastructure and build a scalable foundation.
• Create an enterprise-wide master data system for customer and product data
• Handle IT services such as auditing, logging, and security to assist system development and deployment

Core Banking Application Modernization

Upgrading your existing banking applications can be disruptive. With the IBM Core Banking Application Modernization product group, you can integrate new packaged applications in a modular, staged way. IBM transformation tools help you modernize your existing core banking applications.

• Replace outdated components with cutting-edge packaged applications.
• Develop custom applications using proven industry models.
• Renovate your lending, mortgage, deposit, and other core processing systems.

Core Banking Process Agility

Expand into new markets by bringing innovative products to market more quickly. The Core Banking Process Agility group makes innovation possible and profitable without taking the focus off your core operations.

• Increase innovation with a flexible core business process.
• Develop product agility with bundled offerings and monitor performance.
• Acquire and retain customers with customer-centric dynamic pricing.

IBM has proven enterprise software products for the banking industry. Here are some of the key products, which are used by leading banks worldwide.

To learn more about how IBM Banking Industry solutions can help your business grow, contact your IBM representative or IBM Business Partner.