Akkuro | Composable Banking | Insights

Future-ready finance - Why agility, modularity and resilience are non-negotiable for banks today.

Written by Clint van Haalen | June 23, 2025

Explore how composable banking helps European banks stay agile, resilient, and future-ready in the face of growing uncertainty.

Embracing change as a catalyst for growth

In 2025 the financial services industry faces a convergence of pressures that few could have anticipated just a decade ago. Economic volatility, geopolitical fragmentation, rising regulatory scrutiny and fast-shifting customer expectations are colliding demanding a new kind of banking infrastructure. 

For European financial institutions in particular the message is clear: to survive and thrive in uncertainty banks must become radically more agile, efficient and adaptable, all while navigating cost pressures and increasingly complex compliance landscapes. 

The burden of legacy systems 

According to a 2024 report by IBS Intelligence 55% of banks cite legacy core systems as the primary obstacle to digital transformation¹. These systems, often decades old, are rigid, expensive to maintain, and unable to support the speed or personalization today’s end users expect. 

Meanwhile a study from McKinsey & Company found that up to 70% of banks’ IT budgets are still being spent on maintaining legacy infrastructure², leaving little room for innovation. 

And yet the stakes for transformation are higher than ever.