Banking Context

Competition

  1. FinTech
  1. Neo-banks
  1. Non-bank providers

Why modern Core?

IT => Agility, Tech Debt,
Connected to new applications / Ecosystem

Business => Customer Experience, Innovation,

Streaming real-time data

New offerings (BNPL) /Product faster

Cloud-native microservices based architectures

Horizontally scalable, Resilient

Data and Logic separation

Event-driven async communication

Configurability => Customizable business logic aka "Smart Contracts"

Context

  1. Customer expectation - Personalized
  1. Technology Landscape -
    a) Cloud, Digital Channels (Mobile, Social, Ecosystem), Data + ML
    b) SMAC (Social, Mobile, Analytics, Cloud)
  1. Regulations - Privacy, PSD2 (as FinTech Accelerator)

Enterprise Architecture

Process + Data executed by Employees (People)

Multiple stakeholders -

  1. Business (CEO, CMO),
  2. IT (CIO, CTO, CDO),
  3. Operations (COO),
  4. Risk & Regulations (CISO, CRO)

Alignment of Business + IT

  1. Business Architecture
  1. Business process
  2. Business Capability
  1. Application Arch
  1. Data Arch
  1. Technology Arch

COTS + in-house software (SaaS + on-premise)

Data formats (Structured and Unstructured => Database+Spreadsheets+doc+email+images)

Sources, Quality, Mgmt, Data Backup Archive

Tech Stack (IBM, Oracle, Open Source)

CORE (Centralized Online Realtime Environment)

  1. Infrastructure Arch
    (Deployment Topology)

Infra (Compute+Storage+Network), Zones, Regions

=> Products consumed by end user