Article 18/03/21

Why Lego-Like Tech is going to change how you build architecture


Previously the major trend for FI’s was to choose a single provider to supply the key parts of their architecture.  Products such as core-banking and payment systems were sold as a complete package.

The technology behind these products would include

  • Connectivity
  • Orchestration
  • Cloud-Hosting
  • Transformation Layer
  • Auditing
  • Storage

A provider would be chosen who has the best overall solution. For example, the proposed software/solution may have the best-of-breed when it comes to Connectivity and Hosting whereas their Transformation layer may be lacking.

The recent trend however is for FI’s to instead break down these aspects into individual components from different vendors rather than a single overall solution.…