Gartner Research

Core Banking Renewal: Managing Customization to Reduce Project Complexity and Risk

Published: 09 April 2014

ID: G00263263

Analyst(s): Christian Hestermann , Don Free , Ethan Wang

Summary

Customized development to support process and product differentiation is a critical element of core banking renewal as well as a primary source of risk for these projects. A bank CIO should draw a hard line on customizations, and manage them carefully.

Table Of Contents

Concerns and Recommendations: Allow Customizations Only When They Are Necessary, and Manage Them Carefully

©2021 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.