[highlander]

Attention entrepreneurs: there is a real opportunity, at least in the UK, for a bank built the right way from the ground up. I'm talking about contemporary systems, real product ownership in the technology group where IT isn't just an outsourced cost, automated testing and continuous integration in the systems. Most of the efforts at 'new banks' in the UK have been built on the foundations of ancient, creaking mainframe systems. There is a lot of important logic in those legacy systems for sure, but I think progress could be made in building fresh solutions by starting at the relatively simple end of things e.g. customer setup, identity verification and basic savings accounts. Could built out from there to offer more complex products. The upsides of a fresh approach: lower maintenance costs, higher reliability, more operations can be carried out in realtime etc.