Most institutions struggling to find a competitive advantage are mired in legacy core banking systems, which hinders performance, and reduces agility.
With time, the cost of running a legacy core is only increasing.
According to analysis by Celent and Mambu, banks globally may save $246.1 billion running a cloud-native core over five years, a 76% reduction in core spend and 15% savings in total IT costs over the same period.
Get the report to explore the benefits of cloud-native banking platforms, and challenges incumbents face due to legacy tech stack.
