BLOGAtlas Vector Search voted most loved vector database in 2024 Retool State of AI report — Read more >>
white paper

The 5 Phases of Banking Modernization

Accelerate your digital transformation while minimizing risk

If banks are eager to modernize, and their customers are demanding modern banking experiences, what’s taking banks so long to move away from the legacy systems that are restricting their ability to innovate? And why do so many legacy modernization efforts fall short?

In this white paper, we’ll answer those questions and provide a path forward using an iterative approach to banking modernization. Our five-phase approach enables banks to see rapid improvements in a relatively short time while preserving the legacy components for as long as they’re needed to keep the business running.

Download this white paper

to gain a detailed understanding of the following:

  • The differences between application-driven modernization, data-driven modernization, and a blended approach (iterative modernization)
  • How to create an operational data layer (ODL) to act as a bridge between the legacy system and the new architecture
  • How to rank data sources and applications to create a blueprint for modernizing

We hope you enjoy our white paper, if you would like to learn more, take a look at our MongoDB for Financial Services page.

Email Me the PDF

More like this

View all resources
chevron-right
general_content_white_paper

MongoDB Architecture Guide

MongoDB enables you to meet the demands of modern apps with an application data platform built on several core architectural foundations

general_content_white_paper

Who Owns Security in the Cloud?

At MongoDB, our overriding mission is to make data easier to work with. This can’t happen if data becomes compromised for any reason

general_content_white_paper

Application-Driven Intelligence: Defining the Next Wave of Modern Apps

The digital economy demands smarter applications and faster predictive insights

Read it later?
Please provide your email and we’ll email this to you