Propel your transformation with modern banking platforms that drive resiliency, efficiency, and innovation.

Banking platform transformation: Modernization built on trust and quality to deliver improved performance

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Overview

Banking is evolving quickly, demanding a core built for real-time change. We work with financial institutions to modernize existing systems and implement new cloud-native platforms that boost speed to market across products, payments, deposits, lending, and treasury. We deliver design-to-build transformation that unifies technology, operations, and customer experience to keep your banking core ready for what’s next.


Market trends

95%

of banking and capital markets respondents say they are now, or will be in two years, fully on the cloud

Source https://www.pwc.com/us/en/industries/financial-services/library/cloud-banking.html
43%

of financial services leaders have delayed or reduced major technology initiatives due to integration challenges or slow ROI

Source https://www.pwc.com/us/en/industries/financial-services/library/re-engineering-the-bank-for-growth.html
34%

of financial executives believe 20% of their traditional business will be captured by non-traditional providers in two years

Source https://www.pwc.com/us/en/industries/financial-services/library/re-engineering-the-bank-for-growth.html
15%

average potential efficiency-ratio improvement for banks that embrace AI

Source https://www.pwc.com/us/en/industries/financial-services/library/how-ai-is-reshaping-banking.html

Capabilities

Core banking modernization

Rearchitect existing systems or implement new core banking platforms to build a scalable, cloud-enabled foundation that increases agility, reduces cost, and speeds delivery of new digital products. Together, we design a migration approach that allows legacy and cloud cores to run in parallel, helping to reduce risk as you modernize in stages. Automation and real-time risk monitoring improve efficiency, strengthen compliance, and free your bankers to focus on customers.

Digital servicing across channels

Deliver an omnichannel experience for customers and bankers by implementing and migrating to common origination, servicing, transacting processes for digital and in-person channels. Drive efficiency, personalization, and satisfaction across channels while managing the migration process in an orchestrated environment to minimize conversion risk. We work with you to modernize the channel experience while embracing the operational and risk considerations required to run the bank securely and compliantly.

Customer acquisition

Build an integrated, end-to-end solution spanning targeting, application processing, and enrollment into online banking, with near real-time fraud detection and data validation. AI-powered guidance helps your customers complete applications, while third-party integrations enable instant funding and reduce the time from application to enrollment.

Banking transformation and blueprinting

Drive end-to-end transformation from product design through execution. We help define offerings, architecture, technology providers, and the roadmap to get there—supported by clear governance, funding, and disciplined delivery. Pre-built playbooks and proven frameworks help you move from strategy to implementation faster, reducing complexity and speeding time to value

Industry Cloud and Cloud Intelligence

Accelerate delivery with an intelligence platform featuring 50+ banking use cases and out-of-the-box connectivity to modern cores and leading technology providers. Access pre-built, modular solutions to improve your customers’ digital banking experience and deliver personalized products and services across channels, from prospecting and onboarding through ongoing servicing.

Integrated banking architecture

Lay the foundation for a modern, real-time bank. We help unify cloud-native, event-driven architecture with a customer-centric business blueprint spanning 13,000+ banking capabilities. Built for flexibility and resilience, this integrated banking architecture helps you adapt faster as products, regulations, and customer expectations evolve.

Alliance-enabled delivery

Our alliances with leading core and cloud providers, including Fiserv, FIS, AWS, Microsoft, and other leading technology providers, help you move faster with less risk. Powered by proven implementation assets, shared delivery patterns, out-of-the-box APIs, and no-code integration capabilities, we help you connect platforms and embed services into digital experiences so you can reduce operational cost and realize value sooner.

Commercial lending and treasury onboarding

Speed time to market with preconfigured workflows and integration mappings drawn from 50+ releases. Streamline commercial loan origination from application through booking and funding, digitize loan servicing, and strengthen treasury management onboarding for commercial clients. AI can help reduce credit memo input time and automate parts of collateral analysis.


Insights


Contact us

Justin O’Connor

Principal, PwC US

Sarah Daubenspeck

Principal, PwC Sector Operations Practice Lead, PwC US

Lane Martin

Partner, PwC US

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