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Webinar Discussion

What Legacy Will You Leave Behind?

Thursday, 10 August, 2023   |   12 pm EDT

WHY ATTEND?

As a bank CTO, what legacy do you want to leave behind? Will you keep patching and maintaining clunky systems?

This pressure is leading some CTOs to embark on journeys to modernize their legacy IT architecture. And they are often getting the budgets and support they need from their executive boards.

The only way to move forward is to modernize the tech stack, but that’s easier said than done.

The same factors that led to the problem are often preventing them from fixing it. There is no magic solution. There isn’t one vendor, one platform, one transformation project that will solve it all. It’s an infinite game. But that doesn’t mean we can’t make progress. We have to start somewhere and move in the right direction. The combination of these two trends has led financial institutions to explore new and more creative ways to modernize their legacy IT architecture.

 


In this webinar, you will learn:

The New Way: 5 principles for progressive modernization

1. Re-design architectures around the customer, not the system [journey-led + value drivers]
2. Take a progressive approach and hollow out the core
3. Adopt a platform-operating model built on an open platform
4. The Hybrid model: Build + Buy. Choose what to build and what to buy. What to run, and what to outsource.
5. Not just tech, overhaul the operating model too. Would that warrant a side car scenario?

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what to expect
unique format

KEY TAKE-AWAYS

​How can customer needs inform or clarify a CTO’s priorities?

How can CTOs increase the speed to value for transformation projects?

How can refreshing journeys on a platform(s) make subsequent transformation projects faster?

What should CTOs use as the criteria for which components they buy vs what they build? Has this changed in recent years?

THE WEBINAR PANEL

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Kathleen Woodard

Head of Banking Industry Digital Advisory, Americas

MICROSOFT

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Srinivas Ramadath

Partner

MCKINSEY & COMPANY

Vik Sohoni

Vik Sohoni

Senior Partner and co-leader, Global Digital Banking

MCKINSEY & COMPANY

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Tom Feher

U.S. Financial Services Banking Director

MICROSOFT

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Tim Rutten

EVP, Chief of Staff

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Agenda

JOIN THE COMPLIMENTARY WEBINAR DISCUSSION

 Join the webinar and hear from our panel of industry experts discussing the key imperatives for building monetizable instant payment services.

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This Webinar is in Partnership with

We are the pioneers of engagement banking. Our industry-leading platform helps banks and other financial institutions get closer to their customers like never before.

For 20 years, we've been empowering banks and credit unions to drive the future of banking.

With our innovative Engagement Banking Platform (EBP), we make sure financial institutions deliver seamless and personalized experiences to today's customers.

We're proud of our journey so far, but always focused on what's next. Alongside our clients, we're pushing boundaries, setting trends, and unleashing the full potential of digital banking.

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