A few months ago, the merger of two mid-sized European banks captured the industry’s attention. Beyond the financial aspects, the operational integration quickly revealed the scale of the challenge: two corporate cultures, two ways of working, and, above all, two completely different IT systems.
On one side, a modernized architecture designed for regulatory evolution and digitalization. On the other, an environment built up over decades of layered technologies, marked by manual processes and difficult-to-maintain custom developments.
This operation highlights a challenge that is far from isolated: many institutions, especially mid-sized ones, face the same obstacles. The complexity of existing systems, lack of internal resources, and difficulty keeping up with regulatory demands all hinder their agility.
A question of balance and vision
What industry leaders have understood is that it is no longer feasible to do everything in-house or to rely indefinitely on tools that no longer meet current requirements. Facing increasing pressure—whether regulatory (DORA, NIS2, CSSF reporting), technological, or operational—they are adopting a more strategic approach.
They choose to focus their efforts on what creates value for their clients, their brand, and their market positioning. For everything essential but non-differentiating, they rely on specialized partners.
The Art of Building the Right Partnerships
It’s not so much a question of outsourcing as it is about smart collaboration. Industry leaders rely on strong ecosystems that can support them over the long term, with a deep understanding of their business challenges. They seek flexibility, modularity, and above all, the ability to evolve without being constantly held back by the past.
What This Merger Teaches Us
The real secret of industry leaders may lie in their ability to challenge themselves, to shed what slows them down, and to build a robust yet agile environment around them. They turn constraints into opportunities and refuse to let technological complexity hinder their vision.
Do these challenges resonate with you, and are you ready to embark on your transformation?
Our OASIS by Econocom team is here to listen and discuss how we can support you:
