IBM Sales and Distribution Banking

Solution Brief

Core banking application

modernization
Build an evolutionary framework

In the new economic order, banks need to be more customer-centric,

Highlights
● Improve overall agility for meeting
business needs
● Lower maintenance cost by limiting
complexity
● Reduce time to market for new product
and service offerings
● Utilize existing assets while moving to a
modernized environment
with modernized systems that are easy to develop and maintain. But
large-scale modernization efforts are often risky and slow to generate a
return on investment. The core banking application modernization
solution from IBM can provide a progressive business-driven approach,
enabling banks to transform their systems over time using existing
assets.
Break free from complex systems
The core banking application modernization solution can enable your
bank to simplify the modernization, management and monitoring of
your technology systems, while lowering risk by avoiding the disruptive
business consequences that have characterized these activities in
the past.

The solution can help you analyze and identify existing assets, and
extend them to build new applications, automate manual activities,
find application vulnerabilities, comply with industry regulations and
measure the effectiveness of projects and processes across the software
delivery life cycle. IBM’s approach delivers a modular architecture and
separation of architectural concerns, reduces duplicity and promotes
reuse and sharing of enterprise assets.

Accommodate new business requirements

Establishing a flexible information platform can give you the founda-
tion you need for trusted information so it can be shared, reused,
applied and managed as a strategic asset. Our solution can help
de-layer your architecture, making it more componentized to enable
you to easily accommodate new business requirements. We can help
you integrate best-of-breed application components, buy new packaged
applications and incorporate horizontal enterprise-wide processes, or
build a new componentized architecture to better respond to a
dynamic marketplace.
Address efficiency challenges
The core banking application modernization solution can deliver
benefits quickly to your business. With robust tooling and methodol-
ogy you can accelerate the modernization of your core processes and
related systems.
© Copyright IBM Corporation 2010

IBM can help you simplify your application architecture and infrastruc-
ture requirements. Our application portfolio rationalization cleans up
the portfolio, limits data and systems duplication, addresses functional
gaps, accelerates time to test new features and requirements, and
reduces overall application development and maintenance cost. It also
addresses modernization targeted to solve business and technological
pain points.
An integrated view of data
Banks today are looking for ways to differentiate themselves by
packaging their products and services to be better suited to individual
customer needs. Banks already have the data needed to tailor packages
for their customers, but it tends to be scattered across a host of appli-
cations. As a result, banks are unable to get a holistic view of their cus-
tomer needs. By using the core banking application modernization
solution, banks can collapse duplicate systems into one, utilize a single,
integrated view of customer data to help ensure consistent customer
information, effective marketing campaigns and improved work
processes.
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Produced in the United States of America
July 2010
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A progressive transformation
IBM’s progressive, architecture-led transformation approach can help
banks define their transformation plan and foundational architecture,
enable them to find various legacy modernization options, develop
new capabilities, and most important of all, optimize and modernize
change and control. We have found from experience that these are the
critical elements that underpin a successful modernization journey.
The IBM® Banking Industry Framework offers many assets, tools,
methods and accelerators for core banking transformation to help
execute the progressive approach.

For more information

To learn more about the core banking application modernization solu-
tion, please contact your IBM representative or IBM Business Partner,
or visit: ibm.com/banking

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