Modernizing Core Banking Systems

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Deduction of a Technial Modernization Process for the Software Architecture of Core Banking Systems

ISBN: 6138927877
ISBN 13: 9786138927877
Autor: Gruber, Alexander
Verlag: Scholars‘ Press
Umfang: 184 S.
Erscheinungsdatum: 09.05.2020
Auflage: 1/2020
Format: 1.2 x 22 x 15
Gewicht: 292 g
Produktform: Kartoniert
Einband: Kartoniert
Artikelnummer: 9227529 Kategorie:

Beschreibung

In recent years the banking sector faces the problem that outdated Core Banking Systems (CBS), which have their technological roots in the 1970s and 1980s, hamper their technological and strategic development, especially in connection with ongoing trends such as cloud banking, omni-channel banking, and the Digital Bank. Due to constantly added extensions and modifications CBS often became grown monolithic systems, with a large degree of complexity and an extensive technology stack, which render their modernization a difficult and resource-intensive task. To help overcome these problems, this book defines Core Banking Systems formally and explores them from a scientific perspective. Furthermore, it develops a generic, architectural modernization process, which shall help banks and CBS vendors to transform their systems into an updated state of the art framework, which satisfies their current and future strategic requirements. The process is built in a cyclic way and contains eight sub steps, which form an individual modernization lifecycle for each functional module of a CBS.

Autorenporträt

Dipl.-Ing. Alexander Gruber, studied Business Informatics at the Vienna University of Technology and looks back on several years of professional experience in the banking branch. 

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