Core Banking System Modernization

Banks traditionally use legacy systems for their core banking applications, such as lending, payments, and deposits. However, these systems are monolithic, expensive, and lack open architecture, impacting the bank’s agility to deploy changes based on market demands. Using Core Banking System Modernization solutions on AWS, banks can replace these costly legacy systems with core applications based on open APIs. With these solutions, banks can reduce system costs, improve their agility, and pursue opportunities for innovation to serve their customers better.