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Core banking modernisation is one of the biggest risks and opportunities facing banks in the Middle East and North Africa. In this episode, Miljan Stamenkovic of Tuum and Rohit Mathew from Publicis Sapient explain why traditional “big-bang” core replacements so often fail — and how banks are shifting toward phased, de-risked modernisation strategies. Across the GCC and wider MENA region, banks are under pressure to deliver personalised, omnichannel, and AI-powered experiences while maintaining regulatory compliance and operational resilience. Rather than ripping out legacy systems all at once, many institutions are “hollowing out” old cores and introducing modern, composable platforms incrementally. The discussion explores: • Progressive core modernisation and hybrid cloud adoption • Embedding AI across front, middle, and back office • Managing risk, cost, and organisational alignment • Dual-core and Islamic banking complexity • “Speedboat” strategies for rapid digital innovation The speakers also examine how banks are creating separate digital ventures to move faster, compete with fintech challengers, and test new propositions — while still leveraging their balance sheet, licence, and brand. This interview is essential viewing for bank executives, CIOs, transformation leaders, and fintech partners navigating legacy modernisation in high-growth markets. Explore the complete breakdown of core banking modernisation and speedboat strategies shaping banks across MENA : https://ffnews.com/fintech-tv/event/e... @Money2020Tv @tuum1025