Core Banking System: Implementation and Challenges

Authors

  • S. Sankara Kumar Sai Nath University, Ranchi, Jharkhand Author

Keywords:

core banking system, implementation, challenges, functionality, largest institutions, advanced core banking platforms, price, reducing costs, competitive advantage, core processing infrastructure

Abstract

Core banking delivers extensive functionality that rivals the largest institutions, and competes with the mostadvanced Core banking platforms on the market today. Most importantly it doesthis for a reasonable price. As a focus on reducing costs has grown throughoutthe industry, core banking allowsyou to create a competitive advantage without spending a fortune on its coreprocessing infrastructure. This article analyzes the challenges of Core banking system.

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Published

2012-08-01

Issue

Vol. 3 No. 1 (2012): International Journal of Information Technology and Management (IJITM)

Section

Articles