Modernizing legacy banking systems

Banks are under increased pressure from heightened customer expectations, advents in new technology, and economic uncertainty. As competition and industry demands continue to increase, so must digital banking initiatives. Yet, many banking systems rely on legacy infrastructures that limit access to critical data and are unable to communicate with other technologies.

Many banks recognize the need to modernize, but the familiarity and convenience of legacy systems often outweighs the problems associated with them — until it’s too late.

Download this whitepaper to learn:

• What challenges and risks banks face when looking to modernize.
• Why an effective approach is more than accessing core banking systems.
• How banks can utlize three key steps to build a successful legacy modernization strategy and drive improved business results.
• How RBC Wealth Management modernized its legacy systems to create a best-in-class customer experience.