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JPMorgan Chase is deploying a new, cloud-based core system for its retail bank using software developed by Thought Machine, the two companies said this week. One of the main reasons for the move is to be able to innovate quickly to meet customers' ever-changing needs.
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“Part of that is having a core that is cloud native, that allows us to be more in line with our agile development practices so we can bring more product to customers faster,” said Amin, who has been in his current role for a month.
https://www.americanbanker.com/news/jpmorgan-chase-moving-retail-banks-core-system-to-cloud
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