Core banking migrations are often misunderstood as primarily IT tasks, but their success hinges on thorough preparation and a business transformation mindset. Many migrations fail not during the cutover, but due to insufficient discovery of complex edge cases and a lack of understanding of end-to-end business processes. Knowledge often resides with a few specialists, creating bottlenecks when they are expected to support both daily operations and the migration simultaneously. Each integration, from payments to compliance systems, has intricate dependencies that must be maintained for seamless operation post-migration. AI
RANK_REASON The item is an opinion piece by an industry executive on best practices for a specific business process.
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