Financial technology and services provider DXC Technology has launched CoreIgnite, a new banking orchestration platform designed to help financial institutions connect to fintech partners, payment networks, and emerging financial services through a single integration layer.
The platform is aimed at banks seeking to expand digital capabilities without undertaking costly core banking replacements. Compatible with DXC’s Hogan core banking platform as well as third-party core systems, CoreIgnite provides a central orchestration layer that enables institutions to access fintech services through pre-built integrations and API-driven connectivity.
The launch reflects a growing challenge facing banks globally. While customer demand for services such as embedded finance, real-time payments, Buy Now Pay Later (BNPL), and digital assets continues to rise, many financial institutions remain constrained by ageing technology estates and fragmented integration environments. Adding new services often requires multiple bespoke connections to external providers, increasing complexity, cost, and implementation timelines.
Building a Banking Connectivity Layer
CoreIgnite is designed to sit between a bank’s existing infrastructure and external fintech ecosystems, allowing institutions to introduce new services without disrupting core deposit, lending, and transaction systems.
The platform supports a range of use cases including embedded finance, BNPL offerings, digital asset connectivity, and payment orchestration across ACH, RTP, wire, and card networks. Rather than creating separate integrations for each provider, banks can access multiple services through a single connection point.
DXC has also established a pre-integrated partner ecosystem that includes fintech firms such as Ripple, Splitit, and ArcOne, reducing the need for banks to build and maintain individual integrations.
A Different Approach to Modernisation
For many financial institutions, the challenge is not whether to modernise but how to do so without introducing operational risk.
Large-scale core banking transformations remain expensive, complex, and often span multiple years. As a result, many banks are pursuing incremental modernisation strategies that allow them to add new capabilities while preserving existing infrastructure.
CoreIgnite aligns with this approach by providing a composable architecture that enables banks to introduce, manage, and replace fintech services as business requirements evolve. The platform also supports workflow orchestration, onboarding processes, payments management, and partner coordination through a centralised framework.
The offering forms part of DXC’s GrowthX business, which focuses on industry-specific software and platform solutions. In banking, DXC’s Hogan platform remains one of the industry’s largest core banking environments, supporting more than 300 million deposit accounts and over USD 5 trillion in deposits globally.
The company maintains a significant footprint in markets such as Australia, where Hogan is used by major institutions including Westpac, ANZ, and Suncorp Bank.
Banks Seek Faster Routes to Innovation
The launch comes as banks face increasing competition from fintech firms and rising customer expectations around speed, convenience, and digital experiences. Real-time payments, embedded financial services, and digital asset capabilities are becoming strategic priorities for institutions looking to remain competitive.
Rather than replacing core systems outright, many banks are now investing in orchestration and integration technologies that allow them to connect to external ecosystems more quickly and with lower implementation risk.
By positioning CoreIgnite as a fintech connectivity layer, DXC is targeting institutions that want to accelerate innovation while maintaining the stability of the infrastructure that continues to power their core banking operations.
What this means for the industry
- Banks are increasingly favouring orchestration layers over full core banking replacements.
- Fintech connectivity is becoming a strategic capability rather than a standalone integration project.
- Demand for embedded finance, real-time payments, and digital asset services continues to reshape technology priorities.
- API-first architectures are emerging as a preferred approach for extending legacy banking platforms.
- Technology vendors are competing to become the central integration layer between banks and fintech ecosystems.
