Accelerated build: bridging the build vs. buy gap

When selecting the right technology sourcing approach to implement their digital vision, banks face a core dilemma: is it better to buy platform components or to build them in-house? In this paper, we look at the build and buy options and move beyond the binary choice to introduce a third approach.

We introduce a six-dimensional framework to help you assess your objectives and capabilities in order to guide your decision-making and help you make the right technology choices.

Our framework can be embedded into a cost-benefit analysis or a business case to provide decision support to business leaders and C-level executives. The novelty of the Backbase approach consists of the way that we build costs and quality attributes on a common set of decision variables related to platform implementation scenarios.