Banking Transformed with Jim Marous Core Modernization, AI, and the Future of Banking
13 snips
Dec 30, 2025 Sai Rangachari, Chief Product Officer at Temenos, sheds light on the critical need for core banking modernization in today’s digital age. He discusses how outdated systems stifle innovation and stresses that modernization is a strategic necessity, not just a tech upgrade. Sai explores Temenos' unique single-core strategy and highlights practical steps banks can take to modernize without disruption, including leveraging AI for efficiency and enabling hyper-personalization. He also shares insights on the resurgence of stablecoins and how AI can reshape banking practices.
AI Snips
Chapters
Transcript
Episode notes
Modernization Is A Strategic Imperative
- Legacy core systems slow innovation and make AI-driven competition nearly impossible.
- Modernization is a strategic leadership choice, not just a tech project, to stay competitive.
Prioritize Organizational Agility
- Focus on organizational agility to decide quickly which innovations to adopt.
- Lower cost basis and pivot speed give banks a durable competitive advantage.
Modernize Progressively, Not All At Once
- Use modular, progressive modernization: buy suites, standalone hubs, or decomposed modules.
- Meet banks where they are so they can modernize stepwise without a four-year rip-and-replace.