SunTec launches solutions to help banks with digital transformation

With this approach, banks can quickly adopt new technologies, add more functionality and capabilities, offer customised products and enhance the customer experience.

SunTec Business Solutions has launched in London the Xelerate Digital Core, a ‘low-risk approach for banks to accelerate digital transformation without having to replace their functionally stable legacy core systems.’ Xelerate seeks to simplify the process by ‘hollowing out customer engagement functions’ from the core system and managing it as a horizontal cross-enterprise layer. These include product innovation capabilities, sophisticated customer data management, partner ecosystem and revenue management and pricing.