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Core modernization technology that integrates with existing infrastructures, designed to accelerate banking innovation.
Accelerate innovation and streamline core modernization. A flexible, modular design built on cloud-native microservices seamlessly integrates with existing infrastructures.
Create behavior-based personalization, build products and engage with ecosystem partners to drive growth and innovation.
Enable agility and efficiency
Help Accelerate and de-risk modernization by leveraging ready-to-use microservices that are compliant, flexible and efficient.
Democratize enterprise data
Elevate data out of core systems into real-time AI and ML applications democratizing data for the enterprise.
Support progressive modernization
Embrace the future with a pioneering modernization strategy, designed to foster innovation without disrupting your current operations. Leading-edge technology supports the seamless establishment of a new core alongside your existing legacy systems, synchronizing data when needed. This dual-core approach not only minimizes interruption at reduced costs but also facilitates a gradual evolution toward technological excellence.
A circular graphic divided in half depicts how the product can support integration and synchronization of both a new, modernized core, alongside existing legacy systems, including: customer channels, internal applications, third-party application, data and analytics and branch and service channels.
The image depicts a vertical stack of layers representing flexible configuration across three primary components: experience orchestration, business orchestration and domain connectors over the top of the core platform and supporting systems.
Flexible configuration
From UX down to the core, the product offers composable and pre-configured services across three primary components to help accelerate transformation:
Experience orchestrations: blueprints for financial activities and customer interactions
Business orchestrations: standard business workflows supporting essential bank functions
Domain connectors: resilient API adaptors to core platforms, internal systems and the FinTech ecosystem
Domain-centric and standards-based
The experience and business orchestration services are designed in accordance with the Banking Industry Architecture Network (BIAN) standards, a world-class reference point for interoperability in the industry. These services are hyper-contextualized and product domain-centric for retail and commercial banking.
Orchestrations are defined through distinct configuration-driven parameters rather than being hard-coded. Abstracted from the core, these services help enable maximum reusability, prevent vendor lock-in and eliminate the complexity of legacy IT.
The image illustrates the seamless journey of checking account orchestration, depicting a streamlined process that begins with the account opening phase, transitions into the funding stage, and culminates in the ongoing management of the account.
The image features three interlocking puzzle pieces, each symbolizing a crucial component of a modern banking infrastructure that works in harmony to create a cohesive financial service experience. A central internal application empowers the bank to synchronize with a FinTech ecosystem ensuring integrated channels for an exceptional customer experience.
Unparallelled experience
With a track record of over 130 core modernizations, EY professionals deliver leading-edge solutions. Our global team of 44,000 engineering and 20,000 cloud and AI experts ensures your modernization journey is in the most capable hands. EY teams employ a proven modernization approach that blends technical with experience to deliver exceptional results.
Contact our EY Nexus for Banking consultants
Learn more about our next-gen technology for core modernization.