The Core Banking system is the heart and backbone of the Bank’s IT infrastructure, making it critical for Banks to adopt a Future proof strategy in order to maintain competitive relevance and attain operational excellence in a digital-first environment
NdcTech’s Core Modernization services help Banks and Financial institutions transform legacy technology and applications into a modern ecosystem. We help organizations renew the platforms they need to be market leaders using modern architectural patterns and platforms that mitigate technology obsolescence risks while improving usability, security, and technical excellence
Objectives for Core Banking Modernization
Banks and Financial institutions seek Core Banking modernization as an effective means to respond to several internal and external business imperatives
Customer Objective
- Improve customer experience to expand reach and fuel growth
Business Objectives
- Standardize and streamline end to-end business processes
- Improve and ensure compliance with new emerging regulations
- Expedite time-to-market for new products
Technology Objectives
- Gain the benefits of technology advancements while optimizing costs
- Improve core applications through service-oriented architecture (SOA) and enhanced interoperability
Operations objectives
- Improve operational efficiency via standardization of business processes
- Eliminate manual operations
- Build seamless processing capabilities
Benefits of Core Modernization
Working with NdcTech ensures your Bank is ready for the dynamic business environment and enables you to experience the multi-faceted benefits of Core Banking transformation
Time tested and Future-proof Core Banking transformation strategy
Accelerated product innovation, agility, and faster time to market
Scalable IT infrastructure supporting organic growth for the Bank
Reduced cost of deposits for Banks due to improvements in operational efficiency
Enhanced competitiveness using new analytical tools, leading to increases in customer acquisition and retention
Our offerings to modernize your Core
Our powerful combination of technology expertise, tools, methodologies, and service delivery capabilities provides the depth and breadth needed for successful digital initiatives
Core Banking Implementation
NdcTech enables digital transformation by adopting agile and modern Core Banking systems of the future. We believe in continuous innovation of the Core for Banks, so that they can expand their digital horizon & compete effectively to become a Bank of the future
Core Banking Upgrades
By upgrading to the latest Core Banking system, we enable Banks to digitally transform their banking operations, establish a modern banking architecture, and rapidly launch new innovative products in the market
Data Migration
NdcTech delivers seamless migration of legacy data to the new systems to ensure data is complete, accurate, reconciled and satisfies all the testing required
Financial Crime Mitigation
NdcTech assists banks and financial institutions to answer regulatory compliance with expert’s consultancy and a next generation top-notch financial crime mitigation solution, eliminating risks and possible financial frauds
Want to know more about how we are transforming Banks?
Get in touch with our experts today
Get your career started with us
Join our team today to find out what NdcTech can do for you
Transforming the landscape for Banks & Financial Institutions
Let’s
Talk About You
We understand what your business needs are, and can help you reach your goals. Reach out to us today to know more.
Email Us
Give us a Call
Get in
Touch
If you have any queries, our team is always here to help. Feel free to contact us. Click to connect now