Future-proof Banking Solutions

Industry requirements often outpace technology solutions and there is a continuing need to plug this gap. This is especially true of the banking sector. Software companies have to be somewhat intuitive in terms of product design and development, in order to cater to the emerging trends and to stay in line with market dynamics.
In the Core Banking context, software vendors develop products based on current demand or a foreseeable future need. This is either communicated by the banks or the vendor gleans background information as part of project implementation. Any development activity based on future requirements involves a great deal of expense. Vendors should therefore be prudent in judging market dynamics to ensure adequate returns and also have a contingency plan to fall back on in case of poor market Response.
Read more at FinacleFuture-proof Banking Solutions


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s