• TechNews
    • Trending
    • Startups
    • Stories
    • AR & VR
    • IoT
    • AI & Big Data
    • Personality
  • Cyber Security
    • Courses & Programs
    • Software
    • VPN
    • How to!
    • SaaS
  • Reviews
  • Press Release
  • PR Newswwire
  • Business Wire
  • Contact
    • Write For Us?
Wednesday, November 29, 2023
  • Login
  • Register
TTM
No Result
View All Result
TTM
No Result
View All Result
Home Business

VSoft Publishes New eBook for Financial Institutions on Core Conversion Strategies

THETECHMUSK by THETECHMUSK
May 1, 2023
in Business, Business Wire, BusinessWire, News, TechNews
23 1
0
spreading-technology-THETECHNEWS
12
SHARES
590
VIEWS
Share on FacebookTweet

VSoft’s latest eBook provides insights on how a core conversion can unlock new growth opportunities

ATLANTA–(THETECHMUSK=TTM)–VSoft Corporation, a global leader in providing information and technology solutions for financial institutions, today published its newest eBook, “4 Ways to Unlock Growth with a New Core.” The eBook explores the signs bankers should watch for that indicate it’s time for a core conversion, key attributes of a modern core banking platform and what a new core can help their financial institution achieve.

“However, outdated, inflexible core banking architectures lack what is needed for financial institutions to use that data and deliver truly innovative products and services that today’s customers expect.”

VSoft’s eBook also outlines the key considerations bankers should keep in mind when exploring a core conversion, including how to weigh the potential ROI of investing in a new core system versus the costs of sticking with an outdated legacy solution. A new core platform is a major investment for a bank, but statistics show that institutions often dedicate up to 75 percent of their IT budgets to the maintenance of legacy systems.

“Between online and mobile banking channels, third-party apps and more, financial institutions have access to more data than ever before, unlocking the potential to create a more informed and profitable banking strategy,” said Murthy Veeraghanta, chairman and CEO of VSoft. “However, outdated, inflexible core banking architectures lack what is needed for financial institutions to use that data and deliver truly innovative products and services that today’s customers expect.”

Veeraghanta continued, “Community financial institutions are now expected to process transactions in real time, release new products frequently, stitch together partnerships within weeks and scale their infrastructure when necessary – a feat that requires a modern core banking system to achieve. More banks and credit unions are realizing this, as recent research from Cornerstone Advisors shows that nearly one-in-ten financial institutions are planning to invest in a new core system this year. Our latest eBook will serve as a resource for these institutions as they strategize their IT investments.”

Download your free eBook here.

ADVERTISEMENT

About VSoft Corporation

ADVERTISEMENT

VSoft Corporation offers platform-based services for the banking and financial services industry. Its core, payment and digital banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by financial institutions worldwide. For more information, please call 678-602-1384 or visit www.vsoftcorp.com.

Tags: Core Conversion StrategieseBookFinancial InstitutionsVSoft Corporation

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
ADVERTISEMENT

Recommended.

spreading-technology-THETECHNEWS

Practical Tips to Create a Professional Logo!

December 4, 2021
spreading-technology-THETECHNEWS

ADA Appoints Anthony Chan as Head of Growth!

November 8, 2022

Trending.

spreading-technology-THETECHNEWS

5 Technology Trends in Education Every Educator Should Know About!

November 8, 2023
spreading-technology-THETECHNEWS

5 AI Technologies that Improve Workplace Productivity!

October 24, 2023
spreading-technology-THETECHNEWS

5 Profound Impacts of AI Technology on Our Industry!

November 8, 2023
spreading-technology-THETECHNEWS

Cutting Winter Costs with High-Tech Insulation Methods!

November 8, 2023
spreading-technology-THETECHNEWS

6 Revolutionary Technology Trends Disrupting Industries Today!

October 24, 2023
Girl in a jacket

TTM

THETECHMUSK, shortly as TTM; spreads amazing content from worldwide based on technology, CyberSecurity, unique product reviews, applications & the BEST 05 listicles editorial approach. Get reading with the world of spreading technology!

Follow TTM

by sur.ly

100% Reputable
Tech News & Reviews

Website
2021

Categories

  • AI & Big Data
  • Android
  • Applications
  • AR & VR
  • Best 05
  • Best Apps
  • Business
  • Business Wire
  • BusinessWire
  • Courses & Programs
  • CryptoCurrency
  • Cyber Security
  • EdTech
  • HealthTech
  • Hosting Review
  • How to!
  • Interview
  • IoT
  • MarTech
  • News
  • Personality
  • PR Newswire
  • Press Release
  • Reviews
  • SaaS
  • SEO
  • Software
  • Startups
  • Stories
  • TechNews
  • Tips & Tricks
  • Tips & Tricks
  • Trending
  • VPN

Recent News

ComEd Awarded Nearly $15 Million Federal Infrastructure Grant to Enhance Grid Reliability, Help Close Digital Divide on Chicago’s South, West Sides

4 Ways Technologically Advanced Tools Are Shaping the Future of Work!

November 28, 2023
ComEd Awarded Nearly $15 Million Federal Infrastructure Grant to Enhance Grid Reliability, Help Close Digital Divide on Chicago’s South, West Sides

4 Emerging Technological Trends Revolutionizing E-commerce in the Near Future!

November 25, 2023
ComEd Awarded Nearly $15 Million Federal Infrastructure Grant to Enhance Grid Reliability, Help Close Digital Divide on Chicago’s South, West Sides

7 AI Technologies Predicted to Become Essential in the Coming Years!

November 24, 2023

Reviews

spreading-technology-THETECHNEWS

PostPace

You now have got a better visualization of what actually PostPace $49
Reviews-THETECHNEWS

Deepmind Technologies

The mission is to develop a capable problem-solving process that is
Reviews-THETECHNEWS

SiteLock

SiteLock focuses on helping out small businesses of the underserving market. $149.99 per site/year (SecureAlert)
  • About Us
  • Privacy Policy
  • Cookie Statement
  • Write For Us?
  • Contact

© 2023 THETECHMUSK || "Spreading Technology by TTM".

No Result
View All Result
  • TechNews
    • Trending
    • Startups
    • Stories
    • AR & VR
    • IoT
    • AI & Big Data
    • Personality
  • Cyber Security
    • Courses & Programs
    • Software
    • VPN
    • How to!
    • SaaS
  • Reviews
  • Press Release
  • PR Newswwire
  • Business Wire
  • Contact
    • Write For Us?

© 2023 THETECHMUSK || "Spreading Technology by TTM".

Welcome Back!

OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Go to mobile version