Digital

Many banks and credit unions today do not have a digital transformation strategy but know they need to have one in place to remain relevant in the markets they serve.

Cornerstone helps these financial institutions today by meeting with various teams within the organization to get a good understanding of how things are operating today and what the current channel spend is. We will then work with the executive team to build out a three-year roadmap for execution that includes system enhancements, process and procedure revamp, and potential system replacements if warranted. Additionally, Cornerstone will work to provide peer benchmarking of capabilities and a Return on Channel assessment within the institution.

When you’re ready to evaluate digital banking replacement options, trust the most experienced digital banking system consultants to prepare your bank or credit union to be future ready.

Cornerstone is the most experienced contract negotiator in the industry with more than 1,500 core, digital and other technology contracts negotiated. Our extensive experience and knowledge of the digital vendor ecosystem enables us to negotiate the most favorable contract pricing and terms for both renewal and replacement contracts.

Our secret weapon is our proprietary Contract Vault™. This AI-driven data engine consists of over 15,000 pricing points collected from negotiating thousands of vendor contracts. Armed with Contract Vault™, our experienced negotiators can confidently negotiate from a position of strength and achieve significant cost savings and add fairness and accountability to the contract.

Cornerstone experts are the most experienced digital banking system conversion and implementation consultants in the industry.

Most financial institutions are not seeing the full benefit from their existing digital banking solution. We combine digital banking system expertise as well as business and technology process best practices to help clients optimize the value from their existing digital banking system without the need for a conversion.

We dig into your current issues, compare your use of your system to our best practices and then review your configurations, forms, workflow, IT operations, etc. to identify improvement opportunities. We then help get those improvements executed.

When your team just wants to understand today’s digital banking system vendor landscape or wants to get Cornerstone’s opinion on your existing digital banking vendor’s direction and roadmap, a Cornerstone briefing can be helpful.