The Modern Bank Builder
Building the Bank of 2030: Next-Gen Core Agility Meets Mobile Edge Intelligence
The biggest risk to your bank is inaction. In this completely slide-free, conversational masterclass, experts from Tuum and Enqura provide a pragmatic walkthrough of how one financial institution overcame legacy monolithic constraints to architect the agile bank of the future using progressive modernization and AI-driven edge intelligence.
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Masterclass Key Takeaways:
1. Three paths you can take to modernize your core (without disrupting your daily operations)
You do not need to schedule a highly disruptive, career-risking weekend cutover to modernize. The session breaks down three pragmatic, risk-contained paths to transformation:
- Greenfield: Launch a new brand or product line on a modern core from day one while your legacy core keeps running.
- Parallel Core: Deploy Tuum alongside your legacy system via APIs to power a specific new product line without touching your daily operations.
- Strangler-Fig: Gradually hollow out the legacy core piece by piece, generating immediate ROI to fund the next phase.
2. Beautiful apps can be a trap
Banks often invest heavily in a slick new mobile app and call it digital transformation. But if that app is connected to a 40-year-old batch-processing core, you have not transformed anything. True agility requires a modern core that feeds real-time data to edge intelligence, otherwise your new interface will inevitably break under load.
3. How financial institutions can achieve 87% faster onboarding
Tuum and Enqura showcased their live joint proof-of-concept running in a regulated European environment. By plugging Enqura’s AI-backed digital identity platform directly into Tuum’s real-time data layer, they compressed a multi-day onboarding process into under 60 seconds. That’s an 87% improvement in speed.
4. You can have great security and a great user experience at once
Security is traditionally the enemy of user experience. However, because Tuum is an API-first, event-driven core, it emits data instantly rather than relying on overnight batch files. This allows Enqura to process identity checks, liveness detection, and anomaly screening at the edge in milliseconds, suppressing fraud behind the scenes without adding friction to the customer journey.
5. You don’t have to wait months or years to make product changes
To operate at internet speed, banks cannot wait for heavy development cycles. An open, microservices architecture combined with low-code configuration allows product teams to iterate on compliance workflows and customer journeys in real-time, effectively shifting the bank from protecting the core to extending the core.