Banks cannot take enterprise system renewal lightly. The traditional “rip and replace” is often very expensive and high-risk and can result in the loss of application features that create competitive advantage. A progressive modernization approach provides a bank with the modern banking software and transformational consulting to reshape applications, processes and delivery channels while lessening the operational impact of the changes. It’s a lower risk, evolutionary transformation approach that lets banks lower IT costs, prioritize investments and expand their reach in the marketplace.

Progressive modernization can also leverage SOA to deliver new business processes and Web services for a dynamic customer experience and greater efficiency in delivery channels and back-office environments.

In this webinar, you’ll learn:

• Ways to align the introduction of new technologies with business imperatives to build faster ROI.
• Best practices on assessing your readiness for legacy transformational change.
• A checklist for running a transformational change technology initiative.
• Why implementing SOA first as part of a channel modernization program accelerates implementation and broadens the services and products delivered to the customer.
• How standardizing processes and dealing with more exceptions automatically helps you become more responsive to customers.
• Which new alternative operating platforms and cloud computing approaches help lower TCO and improve operational efficiencies.
• How to let legacy and new coexist, allowing a gradual transition and minimizing disruption to the organization.

Speakers:

• Geoffrey K. Weiss, Director of Channel Solutions & Transformational Planning , Banking and Credit Services, CSC
• Daniel Mayo, Practice Leader, Financial Services Technology, Ovum

Sponsored by: