Technology
07/13/2017

When It Comes to Core Conversions, Look Before You Leap

Changing your bank’s core technology provider is one of the most important decisions that a bank board and management team can make, and even when things go smoothly it can be the source of great disruption. The undertaking can be particularly challenging for small banks that are already resource constrained since the conversion requires that all of the bank’s data be transferred from one vendor’s system to another’s, and even for a small institution that can add up to a lot of bits and bytes. Also, changing to another vendor’s core technology platform typically means adopting several of its ancillary…

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WRITTEN BY

Jack Milligan

Editor-at-Large

Jack Milligan is editor-at-large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Mr. Milligan directs Bank Director’s editorial coverage and leads its director training efforts. He has a master’s degree in Journalism from The Ohio State University.