Banks are undergoing a massive transformation in their IT architectures to drive agility and competitive differentiation
As customers increasingly demand convenient access to banking products and services, banking architectures need to provide the foundation for business applications across various functional areas. To develop a customer-centric banking platform, banks must simplify their current architecture, ensuring data consistency and the integrity of various processes.
Operating in a simplified architecture future
To create a simplified IT architecture, banks will need a standard SOA which can be provided by associations such as the Banking Industry Architecture Network (BIAN). Depending on strategy and target core banking architecture, banks can choose one of the four approaches for architecture transformation: SOA-based architecture; progressive simplification; core banking on the cloud; or complete banking ecosystem.
Capgemini has worked closely with some of the world’s largest financial institutions to support the architecture transformation journey. We offer a comprehensive suite of end-to-end architecture transformation services, encompassing strategy formulation, business scope and vision, business case and benefits realisation tracking, target operating model design, package implementation, integration, data migration, testing and multi-site rollouts.
Accelerate target system design by up to 20%
Our approach to transformation programs utilises a proven, pre-defined process to align your strategy with your organisation. Using Capgemini’s global repository of proprietary accelerators, methodologies and business reference models, we can help banks accelerate target system design by up to 20%. We employ a proven Structured Expert Method for Business Analysis (SEMBA) approach to gather project requirements and have over 17,000 test cases for retail and commercial banking.
Transform today! Contact a banking architecture specialist at email@example.com.