Moving from Legacy to Legendary: Innovating with Cloud-Native Core Banking

Presented by

Neira Jones, Independent Consultant | Richard Caven, AWS | Jonathan Sowler, 10x Banking

About this talk

Banks exist to serve their customers and help them through various stages of life. But an astonishing 80% of IT budgets at banks goes towards infrastructure and maintenance, leaving only 5% for innovation. Meanwhile, neobanks, who are often built on cloud-native foundations, can innovate much more easily, providing customers with more efficient ways of managing their money. How is the banking technology of today feeding the needs of the future? What can be done, using modern core banking technology, to close the neobank gap and move with greater agility. How can banks move from legacy to legendary? Join us in this session as we discuss: - Why cloud-native core banking is so important for the future - How to champion innovation and take advantage of more opportunities - Banking as a Service - Understanding data as a core asset for hyper-personalisation - The benefits of a cloud-native core banking platform - The future of innovation in the banking industry
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We're 10x Banking (10x), a financial services technology company with a mission to move banks from monolithic to next-generation core banking solutions delivered through the world’s most comprehensive and powerful cloud native SaaS bank operating system.