SAP Fioneer’s pre-configured and cloud banking solutions
Getting banking products to market fast – at lower cost
In the old days, any banking technology implementation (not just core banking replacements) typically took a very long time, cost a lot, and was fraught with the risk of budget blow out and – worse still – operational interruption. However, the cost and time required for banking technology implementations has fallen dramatically in the last 20 years. Part of this is explained by technological advances but also architectural approaches. The graph below is taken from SAP and SAP Fioneer data and illustrates this very well.

Average time and cost taken for banking technology implementations from 2000 to 2022
Source: SAP and SAP Fioneer data