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May 4, 2023 by Duncan Alexander
Banks spend millions of dollars each year maintaining Hogan core banking systems that interface with a complex network of other systems. And even though these core banking systems manage a massive throughput of transactions each day, they’re expected to plow on regardless.
The expense is often justified as money well spent given that serious downtime can lead to escalating business risk, stringent regulatory fines, loss of revenue and a higher total cost of ownership (TCO), not to mention customer dissatisfaction and significant damage to the bank’s reputation. However, if supporting your inefficient platform costs more than 5% of the annual IT budget, you’re throwing good money after bad. But how do you improve operational performance without spending even more money replacing the whole lot and starting from scratch?
Download the full white paper to find out how a Hogan Health Check diagnoses operational issues and provides practical fixes:
Duncan Alexander
