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For Application Development & Delivery Professionals

Best Practices: Off-The-Shelf Banking Platform Transformation

There Are Many Reasons For Failure, But Technology Is The Least Significant

September 22, 2011

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Authors

  • By Jost Hoppermann
  • with Mike Gilpin,
  • Alissa Anderson,
  • Adam Knoll,
  • Sander Rose

Why Read This Report

Application development and delivery teams know that they need to manage nearly unmanageable complexity when it comes to designing, selecting, and delivering a new banking platform to transform a bank's application landscape. Forrester talked with a group of transformation executives and managers in banks and identified a number of best practices application delivery leaders should apply to ease their journey toward a new banking platform. These best practices are also relevant across different industries for many other large enterprises undergoing a significant transformation of their application landscape.

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Table of Contents

  • Banking Platform Transformation Is On The Rise, But Success Is Mixed
  • Successful Transformations Require Good Preparation, Strong Management
  • Best Practice No. 1: Focus More On Future State Than Current Business Practices
  • Best Practice No. 2: Avoid Excess Analysis In Selecting A Banking Platform
  • Best Practice No. 3: Take Great Care In Negotiating Vendor Contracts
  • Best Practice No. 4: Establish A Responsive Implementation Approach
  • Forrester's Banking Platform Transformation Next Practices
  • Case Studies
  • Related Research Documents

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