— Eli Rosner Chief Product and Technology Officer , Finastra

49 risk to the banks ’ core systems . It ’ s a win-win scenario that allows banks to tap into the wealth of innovation going on outside of their walls . Further to this , a platform-based approach also gives in-house development teams the freedom to build , test and run new applications in the same , risk-free environment . Innovation at banks that adopt this collaborative approach will consequently move on two different tracks , at very different speeds . Internally , core systems will be evolved slowly , while new applications created via platforms will reach the customer-facing environment at pace . Once a culture is in place to support this strategy , banks will achieve the agility needed to compete in the modern financial services landscape .

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