Today, one of the most hotly debated areas in the banking industry is whether to build or buy banking technology solutions and softwares. There are perks to both. Building allows you to be in complete control of your final product while buying provides a cost-effective, often quick solution that is usually reliable and robust. This episode explores the build versus buy framework to help you decide whether to buy software off the shelf, build a custom solution, or decide which bits to buy and which bits to build. We also discuss the decision of build versus buy in terms of organizational goals and motivations, types of organizations and the framework that is right for them, considerations banks should keep in mind when buying software, and the impact of hyperscalers and their SaaS ecosystem on small and midsize banks.
Join the conversation with Arivuvel Ramu, CTO of Tonik Bank and host Swapnil Deshmukh, Regional Director for Infinity Digital Banking at Temenos.
With a pandemic digital transformation is more important than ever. In fact, digital is the only growing channel in banking. In this episode we talk about operationalizing digital change and the big transformation challenges that the banks are facing. We also discuss the role of SaaS platforms in ensuring business agility and speed, the advantages of leveraging on cloud and artificial intelligence as the current and future enablers of transformation and the key to a successful digital transformation in a banking environment.
Join the conversation with Tu Duong, Deputy Head of Digital Division at Saigon Hanoi Bank (SHB) and host Swapnil Deshmukh, Regional Director for Infinity Digital Banking at Temenos.