When selecting the right technology sourcing approach to implement their digital vision, banks face a core dilemma: is it better to buy platform components or to build them in-house?
But don’t think of it as mutually exclusive: build vs. buy.
Instead, consider what we call accelerated build, an approach that gives banks the best of both worlds: a quick time to market and a high degree of customizability.
In this whitepaper, Backbase introduce a six-dimensional framework to help you assess your objectives and capabilities in order to guide your decision-making and help you make the right technology choices.
Highlights
Strategic advantage
Criticality to business
Partnership capacity
Delivery model & capabilities
Technology complexity
Cost advantage