Credit unions, regional banks and community banks can embrace the digital marketplace model Migration
Macroeconomic headwinds and evolving customers behaviors are putting pressure on credit unions, regional banks and community banks to remain competitive. By building on customer trust and embracing the digital marketplace infrastructure model, small banks stand to double their market share. Strategic partnerships can boost deposit revenues through a digital marketplace infrastructure setup that is more scalable and targeted to customer needs. Rapid digitization has left small financial institutions fighting to stay relevant. With online banking making it easier than ever for customers to shop around, comparing products and prices, banks are in a fierce competition for deposits. At the same time, small banks are facing pressures to innovate against FinTechs that are bringing new capabilities to the market with fewer regulatory constraints as well as national banks with the financial resources to fund technological transformations at scale. The future might sound bleak for credit unions, regional banks and community banks. .
   
Banking and Capital Markets

The bank of the future will integrate disruptive technologies with an ecosystem of partners to transform their business and achieve growth. Disruption is creating opportunities and challenges for global banks. While the risk and regulatory protection agenda remains a major focus, banks must also address financial performance and heightened customer and investor expectations, as they reshape and optimize operational and business models to deliver sustainable returns. Innovation and business-led transformation will be critical for future growth. To remain competitive and relevant, every bank must embrace disruption and strategically build a better ecosystem — not a bigger bank. Our worldwide team of industry-focused assurance, tax, transaction and consulting professionals integrates sector knowledge and technical experience. We work with clients to navigate digital innovation, new business models and ecosystem partnerships, helping banks become the nimble, responsive organizations that customers demand.

We Assess

Leaders often wonder if their legacy applications are a good fit for modernization. The ASI Assess solution is the initial step in determining the modernization viability of your legacy environment.

ASI charts the capabilities of your enterprise applications to create a modernization & migration road map. We identify vital application code, dependencies and data information, vital system, and third-party interfaces. Provide holistic view of the technical & business requirements for a low-risk modernization journey.


Application and infrastructure blueprints
Extract Business rules
Application rationalization – Uncover valuable business transformation opportunities
Cloud suitability and total cost of ownership – Determine the optimal path for each application and compare total costs of ownership across alternative environments
Modernization road map – Design a journey for your unique needs
each application and compare total costs of ownership across alternative environments
Modernization road map – Design a journey for your unique needs

We Migrate

Cloud migration at scale, leveraging a “factory” approach Our proven Migration solution is supported by the experience and skills of a cross-industry, global team dedicated to delivering a fully automated migration system designed to cater to the entire life cycle of a client’s cloud journey.

Migration factory – Planning and executing migrations at scale, leveraging hybrid solutions

Enterprise resource planning (ERP) to cloud – Migrating your core ERP solutions like SAP, Oracle ERP, EPIC, etc., to cloud

Decommissioning factory – Post migration, we can help systematically decommission applications to reduce technical debt, costs, and cyber security breaches

We Modernize

A path toward modernizing legacy applications Our Modernization solution uses tools and methodologies to extend the capabilities of your current system so you can modernize at your desired pace with minimal business interruption. Businesses can take on any part of the journey themselves. We can enter at any point in the Application Modernization and Migration journey. The ASI Modernization solution

Any-to-any language modernization – Refactor languages to seamlessly integrate them

Micro services and cloud-native modernization – Cut monolithic legacy technology into services and take advantage of cloud-native capabilities

Tailored solutions – Accelerate modernization with pre-built solutions customized to the unique needs of your business