Current Trends in Core Banking Modernization

"When it comes to modernisation for Core Banking systems, what are leading banks around the world looking to transform?

Banks which have legacy systems often take 12-18 months to replace the systems. That is a long time. Can banks instead leverage a composable core banking platform which allows them the flexibility to prioritise features and faster go live? If yes, why have they not implemented it yet?

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About Intellect Global Consumer Banking (iGCB)
iGCB, the Retail and Central Banking Solutions arm of Intellect, offers an end-to-end Contextual Banking suite for retail and corporate banking across Core Banking, Lending, Cards, Digital Banking, and Central Banking. Its unique blend of integrated functionality and agility is made possible by its Microservices-based, API-first, cloud-native architecture with powerful integration capabilities. iGCB brings to the table a deep knowledge of the developed and developing financial market space and seeks to be the Innovation Partner for those who are passionate about
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[prrainyajai]

Good chat and insights. Digitalisation is a path definitely, but how do you modernise traditional book keeping, payments sitting in legacy in phased manner when digitalisation is way forward?? Should that go away and adapt to new technology/methodology as well?