Delivering flexibility

Cost and flexibility are key considerations when choosing the right core banking technology.  It is important to select a core banking platform that can support long term innovation, unlocking different ideas and new markets as the business grows.

So we did away with the traditional modular product approach and instead created a Unified Product Hub which provides features that can be used to build any number of product types. Many can also be implemented as wallets (ledgers) within an account. So for example a current account might hold multiple currency wallets, a savings wallet and even a spending wallet for a child. This means that customers don’t have to juggle multiple accounts. Of course, they can also be held standalone, but our intent is to offer ultimate flexibility, allowing our clients to build feature rich products for their customers – without the need to buy costly product modules. Paul explains in this video.