Georgia Department of Banking & Finance Highlights Core Conversion Considerations

The latest bulletin from the Georgia Department of Banking and Finance outlines important considerations for financial institutions preparing for a core conversion. The article emphasizes the need for strong governance, detailed project planning, vendor due diligence, risk assessments, and ongoing communication throughout the conversion process. It also highlights the importance of data integrity, employee and customer training, cybersecurity controls, and post-conversion monitoring to help ensure a smooth transition and minimize operational disruptions.

The guidance serves as a helpful reminder that successful core conversions require coordination across all areas of the institution from planning through implementation and beyond.

Read the full article: Core Conversion Considerations