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One core rules all – part one – FinTech Futures

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TLDR: In an article for Fintech Futures, Dharmesh Mistry discusses the requirements for a truly effective core banking system. He emphasises the need for a core system that can support unlimited products, be flexible to regulatory requirements, and be agnostic to the distribution channel. Mistry also highlights the importance of a core system that is always on and can run for 99.999% of the time, as well as the integration of artificial intelligence to drive dynamic decision-making. He concludes that the banking industry needs to reimagine its banks and technology to meet the changing requirements of the future.

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