The strength of many banks is their stable, highly customized core banking systems developed to meet their customers’ unique needs. However, a complex code base integrating multiple ‘one-off’ applications means training support personnel is cumbersome. Individuals proficient in older programming languages are a rapidly shrinking resource. Incomplete documentation and inconsistent adoption of new releases over time leave clients with configurations that struggle to meet changing compliance standards, while upgrading systems to take advantage on the full fintech ecosystem is perceived as risky and expensive. Caught between maintaining stability and fueling growth, ‘run the bank’ and solution development costs are steadily increasing as projects become more complex and resources dwindle.
The S3 Suite (Support / Services Factory / Solutions) provides a full suite of services available in a managed, project or staff augmentation model. This approach delivers both ‘run the bank’ and solution development capabilities, reduces core banking support resource risk, fully supports your Hogan platform and keeps it compliant, and provides incremental modernization on your time frame and budget. S3 is organized into On-Demand Services, Managed Services, and Modernization Services and provided as a single subscription offering supporting the customer’s end-to-end banking needs.
- Acquire staff proficient in older programming languages needed for core systems support
- Reduce time and resources needed to train support personnel
- Develop comprehensive system documentation to ensure continuity of knowledge
- Ensure systems are fully updated to meet current regulatory compliance standards
- Pursue progressive system modernization without impacting internal resources and projects
Review the pages below for more information on specific services, download the S3 brochure or contact your CeleritiFinTech representative to learn more.