Key Considerations for Progressive Banking Core Modernisation

Architecture Planning: Careful assessment of current, intermediate, and end-state architectures ensures alignment with transformation goals and priorities.

Service Catalogue Review: Evaluate existing customer services and service points to minimize disruption during transformation, potentially eliminating redundant service points.

Technical Planning: Manage migration volumes, performance tests, and data migrations effectively to meet service expectations and minimize disruption.

Data Management: Implement data clean-up and retention strategies, along with effective customer communication, to ensure smooth migration and compliance with retention policies.

Human Resources and Management Support: Ensure availability of skilled resources and strong management sponsorship for successful transformation, emphasizing collaboration with vendors and phased approaches to mitigate risks.