Mainframe Modernization for Retail Banking Storyboard

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Author(s): David Tomljenovic

Retail banking is being transformed by accelerating competition, especially from startups that have no legacy infrastructure. New products and services are required to stay relevant with changing customer demographics and preferences. Legacy mainframe hardware, software, and development methodologies are holding banks back and causing them to reconsider their mainframe investments. However, recent innovations are allowing banks to modernize their mainframes and transform them into purpose-built systems that can become sources of competitive advantage.