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Going beyond legacy systems

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Banks wishing to upgrade their legacy systems, without creating unnecessary risk or cost implications, would be well served to work with reliable, committed and experienced partners. These partners should be able to provide a new and modern IT system that is Cloud-ready or Cloud-native, designed with an open and modern architecture, tailored to build ecosystems and help banks meet their customers' needs, even outside of banking. Beyond that, though, banks require a partner who can also provide integration and operation capabilities, with access to a large, high-quality ecosystem, in order to provide further project- related services, such as cybersecurity, innovation and consultancy. Sopra Banking's core banking solution provides banks with the tools they need to meet and embrace the demands of a fast-changing market. SOPRA BANKING'S CORE BANKING SOLUTION G O I N G B E Y O N D L E G A C Y S Y S T E M S W H I T E P A P E R WHY LEGACY SYSTEMS ARE A PROBLEM FOR BANKS 02 ISSUES AROUND INTEGRATION 03 WHAT BANKS ARE DOING ABOUT IT 04 A NEW SYSTEM TO MEET THE NEEDS OF TODAY'S CUSTOMER 05 SOPRA BANKING'S CORE BANKING SOLUTION 06 THE CURRENT STATE OF IT SYSTEMS IN BANKING 01 CORE BANKING GEARED FOR THE DIGITAL AGE Our core banking system features extended functional coverage to ensure an outstanding experience for your banking employees, clients, and partners. Reduce total cost of ownership and cost per transaction Stay compliant with 50+ regulatory standards covered Anticipate changes, become scalable, and grow Expose your banking operation to an open ecosystem Compose your bank operations based on your needs Deploy new corporate strategy from transformation to M&A FIND OUT MORE An approach that minimizes risks More than 50 core banking system upgrades per year

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