Apr 30, 2020
ABA’s banker-led Core Platforms Committee has released several new resources to help bankers navigate the core provider marketplace. In this episode of the ABA Banking Journal Podcast, sponsored by Reich and Tang Deposit Solutions, Committee Chair Julieann Thurlow and ABA President and CEO Rob Nichols discuss how bankers can best use these new resources to understand the diverse core provider marketplace and discern core technology strategies.
"There are more offerings that are in place right now and even coming to market very soon to create a lot more options for banks depending on what their strategies and plans are," Thurlow says.
ABA unveiled fact sheets on the offerings and future plans of 19 core providers currently in the market or launching new platforms soon, as well as sample RFP and RFI templates that bankers can customize for their own market research. These resources complement previously shared information from Finastra, FIS, Fiserv and Jack Henry and Associates. ABA also shared a timeline of the Core Platforms Committee’s work to date.
Thurlow, who is president and CEO of Reading Cooperative Bank in Reading, Massachusetts, announced a new webinar series on core platform topics. The first webinar, on May 13, will cover contract issues, while future events will explore open banking and the landscape of emerging core providers.
This episode is sponsored by Reich and Tang Deposit