Gartner Research

Core Banking Renewal: How to Choose a Deployment Model

Published: 01 May 2014

ID: G00255316

Analyst(s): Don Free , Ethan Wang

Summary

Choosing the right core banking deployment model has a significant impact on budgets and timelines, as well as business risks and benefits. These best practices can help CIOs avoid deployment models that expose their banks to increased risk of project failure.

Table Of Contents
  • Key Challenges

Introduction

  • Core Banking Deployment Models

Analysis

  • Consider the Choice of a Deployment Model a Strategic Business Concern From the Earliest Stages of the Core Banking Renewal Project
  • Align the Core Banking Deployment Model With Prioritized Key Business Drivers
  • Evaluate Bank-Specific Demographic and Internal Constraints
  • Evaluate the Readiness of the Bank and Vendor Across the Entire Deployment Life Cycle

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