Pål Krogdahl Rip Out the Core

The Platform‐Enabled Banking Transformation Playbook or What a Kitchen Disaster Teaches about Fixing Banks! The renovations needed to fix a broken dishwasher and flooded kitchen are the genesis for Rip Out the Core: A DIY Guide to Platform‐Enabled Banking Transformation . They showed what many transformation leaders learn the hard way: do not just tear everything out and rebuild. People have to live in the house while it is being renovated. Likewise, a bank must keep banking while modernising systems. Customers still need their payments processed. Regulators still need their reports. Staff still need systems that work. The art isn’t in the demolition – any fool can destroy things. The art is in the careful, methodical, strategic rebuilding that does not bring the whole structure crashing down. This art is the foundation of this book’s Platform‐Enabled Banking Transformation (PEBT). PEBT is not a product. It is not a framework in search of a slide deck. It is a way to think about doing progressive modernisation step by step, capability by capability, with strategy, sanity, and staying power. Tracing these steps, this book starts with why systems fail, how to spot the early warning signs, and why starting with tech is usually a terrible idea. It then covers blueprints, construction, and systems rollout to end with a look into the platform‐enabled future of banking and how to stay adaptable in an unpredictable world. This book was written for anyone working in banking and especially in information technology, operations, architecture, or transformation. It was written to make them feel seen. It was written for anyone who thought, “We can’t keep patching this thing forever.” This book explains why that thought keeps coming back, and how to modernise without losing control of the bank along the way.