#Aktuell #Strategie #Corebanking
https://www.it-finanzmagazin.de/core-banking-in-der-cloud-wer-nicht...
https://www.it-finanzmagazin.de/core-banking-in-der-cloud-wer-nicht-refaktoriert-fliegt-vom-markt-232314/?fsp_sid=8483
@yak So this is an interesting thing. Obviously the functionality required by the #PostOffice is to a degree bespoke - but not considering ownership was a critial failure of the contracting process.
Interestingly I think that there is something that every #creditunion that outsources its #corebanking and other IT should consider - How locked into that offering they are and what happens if they want to change? #Opensource #banking solutions offer the ability to both switch vendors and also customise to their requirements realitively easily - I'm not sure how many use solutions based on #mifos or #fineract - I guess they are still fairly new.
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#OpenSource Core Banking is the provision of a range of basic (core) banking services using Open Source Financial Software and / or based on open standards and API's.
While there is no formal definition of what constitutes core banking, core banking functions typically include payments, current accounts, deposits and loans
https://www.openriskmanual.org/wiki/Open_Source_Core_Banking
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@fintech I'm looking to speak to people who have had their hands dirty in building core banking infrastructure. Size & location of bank or ISV are not important.
This is not a sales call in either direction. (I'm not building a CBS.)
I'm trying to fill knowledge gaps around infrastructure pain points and how the next gen platforms will be architected. If you know someone that might be willing to help please let me know. (Direct message or reply here). Thanks!