Embracing Banking Megatrends: Insights from MoneyLive Conference and the Path to Composable Transformation

This year’s MoneyLive Nordic Banking Conference reaffirmed its relevance as a leading forum for strategic insight. Senior leaders gathered to discuss how evolving client expectations, rapid technological evolution, and intensifying competition are reshaping the future of the banking industry. A shared conclusion emerged: the banks that will lead are those able to innovate continuously, adapt with agility, and translate change into sustainable value.

Modernization imperatives: responding to industry megatrends

Banks are under increasing pressure to modernize their architectures. AI and data-driven personalization surely offer tremendous potential, but only when supported by flexible, scalable, and secure infrastructures.

Meanwhile, the expansion of open banking and the growth of the fintech ecosystem highlight the strategic importance of open, API-first architectures. These enable seamless third-party integration and foster the development of interconnected digital ecosystems. Participants agreed that modernization must take place within a robust framework of risk management and strong governance practices, ensuring that innovation remains both responsible and sustainable.

Why traditional core banking is no longer enough

Across Europe, banks face a complex environment shaped by tightening regulation, mounting cost pressures, and rising client expectations for real-time, personalized, digital services. Despite this, many institutions still rely on legacy core systems that were not designed for today’s pace of change.

These systems are often monolithic, costly to maintain, and resistant to rapid adaptation. As a result, even minor regulatory or market-driven adjustments can become long and resource-intensive projects. The challenge is clear: banks need to remain stable and compliant while also becoming faster and more innovative.

Modular Core Banking as a strategic answer

Modular Core Banking has emerged as a pragmatic and future-ready response to these challenges. Rather than replacing legacy systems in a disruptive “big bang”, a modular approach enables banks to evolve step by step.

Objectway supports this journey by integrating proven banking logic with modern, API-driven architecture—allowing institutions to accelerate time-to-market, increase resilience, and reduce operational complexity. The result is a controlled transformation path that preserves continuity while unlocking new capabilities.

Composable Architecture: The Engine of Sustainable Transformation

At the heart of this approach is a Composable Architecture. Instead of dismantling existing infrastructures, this model enhances them through modular components, each designed to perform a specific function and interact through APIs and event-driven communication.

Whether applied to core banking, portfolio management, tax, or settlement processes, these modules integrate seamlessly with existing environments and external applications such as market data providers or payment systems.

For IT teams, this means simplified maintenance, cleaner interfaces, and smoother integration. For business units, it enables faster regulatory compliance, accelerated product delivery, and scalable innovation. Most importantly, it provides long-term investment protection while maintaining the highest standards of security and regulatory adherence.

Looking Ahead: a foundation for stable, scalable growth

Banks already adopting this composable model are transforming their operations at their own pace, leveraging tailored solutions that align with their specific strategies and business models. Because no two institutions are alike, standardized software is rarely sufficient. Instead, a composable approach ensures that each transformation journey is both targeted and sustainable, enabling banks to balance modernization with operational stability.

The industry’s future will be defined by banks capable of combining resilience with agility. Objectway’s mission is to provide this foundation—enabling institutions to modernize securely, efficiently, and sustainably. Through a Solution-as-a-Service model, banks benefit from proven technology, accelerated implementation, and measurable business outcomes.

After more than a decade of supporting scalable and compliant transformations, Objectway continues to empower banks to shape their own modernization pathway—at the speed their strategies require. Trust, reliability, and long-term stability remain the guiding principles behind every solution delivered.

Proven. Modular. Scalable. This is the future of banking modernisation—and this is Objectway.