Many community bankers are at a “core” crossroads. On one side they grapple with the high costs of maintaining their current core technology and the lack of service from their provider, which hampers their ability to compete with the larger fintech players. On the other side, the prospect of core modernization can be daunting if a banker doesn’t work with a trusted core provider—technology’s effectiveness hinges on the reliability and capabilities of the provider. To choose the right path at this crossroads, bankers need the right information to explore their core options and evaluate their current provider. But with the industry saturated with information, how can bankers find what’s truly useful?
IBT Apps has developed The Core Technology Survival Kit for community bankers seeking honest, valuable, and digestible information in one place. The Kit breaks down core modernization and transformation, defines what to look for in a trusted core partnership, and provides guidance on transitioning to a new core provider. Whether a community banker is just beginning their modernization journey and eager to learn about their core options or wants to assess their current provider and consider a change, they’ll greatly benefit from having this resource kit.
Why should I download the kit?
Regardless of where you are in the core journey, the materials inside the Core Technology Survival Kit can help navigate your path. Here’s what inside and how it can benefit you:
- Ebook: Is a Core Transformation the Best Thing for Your Bank?
This ebook defines modern core technology, its benefits, challenges, and highlights strategies for updating your system. If you’re wondering if a full transformation is the next step for your bank, you can learn about your options in this guide.
- PDF checklist: Finding the Right Core Partner
This checklist outlines the characteristics of modern core technology and what to look for in a trusted core partner, helping you evaluate your core provider and make informed decisions on your core needs.
- IBT Apps Interactive Core Assessment
This diagnostic tool helps you evaluate your core provider's service and recommends solutions to move your bank forward. It’s a practical way to assess where you stand and what improvements can be made.
- Blog Article: 7 Signs It’s Time to Fire Your Core Provider
This article helps you identify if it's time to switch core providers as it outlines clear signs that your provider may not be meeting your needs.
- Infographic: How to Say Goodbye to Your Core Provider
This visual guide provides practical advice on terminating (or not renewing your core contract), ensuring a smooth transition to a new provider.
Ready for your kit?
Equip yourself with the knowledge and tools needed to navigate your core transformation journey and drive your bank towards growth and success.
Read more details and download the IBT Apps resource kit on our website.