Tech Mahindra’s white paper outlines two main core banking modernization strategies: front-to-back and back-to-front. Front-to-back modernizes customer-facing channels first via APIs for quicker, lower-cost improvements, though legacy cores remain. Back-to-front upgrades core systems first, strengthening data, compliance, and scalability before enhancing the front end. Drivers include customer expectations, fintech integration, operational efficiency, and regulatory needs. TechM provides end-to-end services—from cloud and open banking to automation and analytics—enabling secure, scalable, and compliant banking transformation.

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