Modernize to Survive: Transforming for Growth in the M&A Wave
2:00 PM
About the Webinar
PRESENTERS:
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Jody Bhagat, President, North America, Engine by Starling
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Emily Heffelman, Managing Director, Core Banking Modernization Lead, Accenture
ABOUT THIS WEBINAR:
Traditional industry thinking posits that scale inherently drives efficiency, yet technical debt now consumes up to 70% of IT and maintenance budgets, leaving little room for the bold growth agendas mid-tier banks need to survive the unprecedented M&A wave that is reshaping the market. Whether you are actively replacing your core platform or modernizing around it to build agility, standing still is no longer an option. In this webinar, Engine by Starling, the technology that powers the UK’s first profitable digital bank, Starling, and Accenture will explore how banks and credit unions can escape legacy restraints and pivot to a new playbook that emboldens them to deploy a transformation-led consolidation strategy.
THIS WEBINAR WILL COVER:
- The scale myth and the cost of delay: understand why asset growth without core modernization fails to improve operating efficiency, and why relying on temporary fixes or waiting for AI to rewrite legacy systems traps mid-tier banks in technical debt.
- The technology trap: identify and avoid the pitfalls of the ‘post-announcement rush’ during a merger.
- Executing modernization at scale: learn the key pillars of how technology can be used as a strategic asset to protect both sides of the balance sheet.
TOP 3 BENEFITS TO ATTENDEES:
- Gain insights into how modernizing core infrastructure positions banks to be acquired from a position of technical strength or become the architect of a successful deal.
- Discover an integrated transformation approach that reduces fragmentation by empowering cross-functional teams and clarifying end-to-end ownership throughout the modernisation lifecycle.
- Learn how a modern, modular architecture serves as a growth catalyst, protecting deposit bases, reducing risk, and laying the foundation for AI innovations and enhanced customer experiences.
ABOUT OUR PRESENTERS:
Jody Bhagat
President, North America at Engine by Starling
Jody Bhagat is Engine by Starling’s President of North America. Engine by Starling is the global technology arm of the highly successful UK digital bank, Starling. Since its launch in 2017, Starling has become one of the world’s most innovative digital banks serving 4.6M retail and SME customers in the UK. It is leading the way for first-class digital products and features, with some of the highest levels of customer satisfaction in the market, as well as a proven track record for operational efficiency, the bank is now in its fourth year of profitability.
A seasoned leader in the finance sector, Jody is at the forefront of Engine by Starling’s North American operations. He has a proven track record of delivering successful digital transformation programs, and in this role, he is bringing Engine by Starling to banks and credit unions across the US to drive real business results through technological change.
Emily Heffelman
Managing Director, Core Banking Modernization Lead at Accenture
Emily has over a decade of experience in the financial services industry, supporting financial institutions through complex change, new product offerings and large-scale technology transformation. In her current role as Digital Enablement lead within Digital Banking and Operations North America, she is focused on core banking transformation and partnership with key fintechs in the space.
CBA Webinars are free for all CBA members. Please login to register. If you have any questions or need assistance with registration please reach out to Isabella Brennan (ibrennan@consumerbankers.com).