After a successful launch of Bank 4X in 2022, NTT DATA to unveil additional accelerators at Money 20/20 USA.
NTT DATA has announced a new suite of accelerators for core banking modernization to help banks minimize risks and improve speed to market. The Bank 4x Accelerator Suite powers transformation through progressive core renovation and modernization while enabling banks to capitalize on innovative growth through a greenfield technology stack.
“Deciding to modernize a bank’s core is no longer a binary choice of either doing nothing or opting for a total replacement,” emphasized Jason Gandy, Senior Vice President of Financial Services Consulting at NTT DATA Services. “The landscape of core banking technology has witnessed massive advances, presenting a variety of tailored solutions that empower the banking industry to become significantly more flexible and agile in their operations, enabling banks to adapt and thrive in today’s dynamic financial landscape.”
The complete suite of accelerators includes Platea Banking, Transformation Manager, UniKix, Application Re-architecture, Data Cataloger, Data Validator, Data Migrater, NuCAF and CloudART.
NTT DATA is already guiding 12 international banks through their modernization journey, delivering outcomes in the following areas:
- Digitizing core systems, driving next-generation, cloud-based banking through high performance design patterns.
- Delivering parameterized, configuration-driven solutions that provide an alternate, less disruptive path for a bank’s modernization journey.
- Deploying a cloud-based, modern operating model enables next-generation platforms to power innovation and address a bank’s most pressing needs while delivering impactful return on investment.
“Banks and financial institutions are walking a tightrope between innovation demands and aging technology,” said Madhusudhan Magadi, Managing Director of Financial Services Enterprise Architecture in Financial Services Consulting, NTT DATA Services. “Our combined capabilities allow us to maximize financial and operational efficiencies to uniquely enhance customer experience while future-proofing client’s investments with innovative coreless banking solutions.”
NTT DATA is announcing the expanded capabilities at Money 20/20 USA, Oct. 22-25 in Las Vegas. Visit booth 2004 at the event to meet with the NTT DATA team, or find out more in our eBook about the banking accelerators.
