Why open banking needs open technology

Open up to new opportunities – explore how to transform and reduce costs by 80%

Futuristic corridor with vibrant blue and pink neon lights. — Discover the importance of back-end modernisation for Open Banking through a striking image of a futuristic corridor illuminated with blue and pink neon lights. Visit GFT for insights into enhancing your banking infrastructure for seamless open banking integration.

Be a step ahead

Get ahead of the game

Mainframe modernization is essential to participate in open banking. Explore how the GFT approach moves you to an open operating system that’s agile, flexible and cost-effective.

Cut costs forever

When you’re stuck with a mainframe technology stack, you need to open up and transform. With our proven methods and expertise, you can seize the open banking opportunity and reduce costs permanently.

Rethink, reinvigorate, reinvent

With upgraded applications, automated code and an open environment, you’re free from the constraints of mainframes. Find out how to focus on the future with open technology that’s aligned with open banking success.

Thrive with open banking

Open up to new opportunities – explore how to transform and reduce costs by 80%

back-end modernization in numbers

80%

annual reduction in costs

270%

cost savings in five years

350%

return on investment in 21 months

More details

The benefits of this major project were revealed following the preliminary assessment carried out with the company and were mainly associated with infrastructure costs: