Does Corebanking as a product concept have a future and what are the alternative approaches?
Stefan: Some more specific clarity on “alternative” will be useful.My perspective to this specific question is that corebanking as a product does have a future but from the perspective like other products may not be such a simple effort to develop and there are a number of products that have matured and well established like finacle,iflex,… The current market products are quite mature and competitive and address global banking. It must be noted that both from a regulatory and complete end to end transaction the choice of a standard and well tested product is a must and probably in that context and specific geography the list is pretty finite Maybe in the area of microfinance and such domains some alternatives and product development does seem possible.
