Outdated legacy systems often stand in the way of successful digitalisation. Banks are facing several challenges in the digital transformation: cost savings and operational flexibility in the application landscape as well as increasing consolidation pressure.
Digitising existing core processes based on inflexible and outdated IT systems is a mammoth task. After all, redundancies in systems make for high complexity and, as a result, high costs due to time-consuming, manual multiple maintenance.
Digitalisation in the banking sector is developing rapidly. Banks are faced with the challenge of reconciling the realisation of technological innovations under the restrictions of cost savings and a shortage of skilled workers with the highest quality demands on technology. With international German-speaking teams for cost-efficient IT projects, the resolution of the supposed trade-off is possible.
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