DXC Technology has announce DXC CoreIgnite, a cloud-native revenue orchestration platform which aims at helping financial institutions to present simplified fintech connectivity, facilitate the acceleration of digital transformation, and open up new growth avenues without the disruption of the existing core banking systems.
The new solution offers banks and other financial institutions a means to facilitate their connections to fintech ecosystems through a single node, which keeps them capable of orchestrating financial workflows, incorporating new technologies, and releasing new services in an innovative manner without heavy investments. CoreIgnite can be run both on DXC’s Hogan core banking platform as well as on environments other than Hogan, giving institutions an opportunity to bring their modernization at the pace of their comfort and at the same time they can have the maximum benefits from their present technology investments.
With pre-integrated connections and real-time orchestration functionalities, the platform is connected with a fintech partner ecosystem that keeps growing and includes Ripple Euronet Splitit, Aptys Solutions, and ArcOne, etc. These types of integrations are capable of assisting institutions in the enlargement of their business in key growth areas like digital payments, embedded finance, digital assets, and real-time financial services.
Also Read: BCG Report: Global Fintech Sector Rebounds with Record Revenue and Profitability
Addressing Modern Banking Challenges
Financial institutions have to deal with continuously changing customer requirements due to increased competition and the need to enhance their own customers’ experience. This is often hampered by legacy systems, disjointed integrations and challenging modernization programs. Technologies like embedded finance, digital assets and real-time payment networks offer new opportunities but often at the cost of significant development investment and infrastructure overhaul.
DXC CoreIgnite is designed to address these challenges by providing a unified orchestration layer that connects fintech services with existing banking environments. The platform’s composable architecture enables institutions to integrate new capabilities, automate workflows, and deploy innovative financial products without replacing critical core systems.
Built on DXC’s decades of banking expertise, CoreIgnite helps reduce integration complexity, improve operational efficiency, and accelerate time-to-market for new digital offerings.
Supporting a Broad Range of Financial Services
The platform enables financial institutions to deploy and manage a variety of fintech-driven services, including:
- Embedded finance solutions
- Buy Now, Pay Later (BNPL) offerings
- Digital asset and stablecoin-based services
- Payment orchestration across ACH, RTP, FedNow, wire transfer, and card payment networks
By centralizing fintech connectivity and workflow management, CoreIgnite allows banks to onboard partners faster, streamline service delivery, and scale capabilities as market demands evolve.
“CoreIgnite provides fintech infrastructure for financial institutions looking to innovate faster, scale more flexibly, and compete more effectively in the digital banking economy. With our secure, composable, API-first platform, banks can connect new capabilities, orchestrate financial workflows, and activate digital financial services without disrupting the core systems they rely on every day. By decoupling innovation from the core, institutions can reduce integration complexity, move faster, and unlock new revenue opportunities at scale.” – Sandeep Bhanote, Global Head and General Manager of GrowthX, DXC Technology
Driving Banking Innovation Through GrowthX
CoreIgnite is a component of DXC GrowthX, a strategic growth initiative through which the company intends to develop industry-specific software platforms and digital solutions helping businesses to modernize their operations and create new revenue streams.
This announcement also leverages the establishment of DXC Hogan, the company’s main core banking platform, which has more than 300 million deposit accounts and handles over $5 trillion of deposits worldwide.
Using CoreIgnite, DXC desires to equip financial institutions with a highly scalable platform that is API-first and makes it easier to incorporate fintech, enhance digital banking functionalities, and adapt to changing market conditions faster while still assuring the core systems’ reliability.
