It is interesting to see just how many core banking platforms claim to be cloud-native when really they are simply old technologies repurposed for cloud. This means that they do not leverage all the benefits of the cloud. Genuine, cloud-native core banking strips away all the technologies that were traditionally used for banking. By turning
The Client Allica is a no-nonsense business bank, built especially for established businesses with between 5 and 250 employees. Their mission is to give businesses the banking they deserve. Allica was recently named as Britain’s fastest-growing private company in 2024’s The Sunday Times 100, and are also the fastest-growing fintech company in the 26-year history
When building our product configuration engine, an important deliverable was ease of changes such as interest rates. The ease (or not) of making interest rates changes became incredibly important when interest rates started to change for the first time in many years. Indeed there were even circumstances where the process of changing interest rates were
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
Banking as a service is a critically important product that is growing and maturing right now, it allows new propositions to get to market faster without the long wait for an EMI licence and with a preset list of partners available to get products live quickly. However, as a business matures there often comes a
ESG is a huge focus in the financial services industry. But what does it really mean? What can banks do to make a difference? Of the more than 8 billion people in the world, around 1 billion are unbanked. Whilst we work towards financial inclusivity for that 1 billion, there are still over 7 billion
Over the last couple of years we’ve noticed clear trends in RFPs that can quite reliably indicate the type of client we will be working with. We rejoice at the short RFP because it shows us it is an organisation that is thinking outside the box. It tends to be higher level with strategic outcomes
We’re delighted to announce a strategic partnership with Thinslices, a leading expert in crafting user-centric front-end experiences for fintech. By combining our strengths, we’re empowering financial institutions to develop and launch innovative banking products faster and more efficiently. Unlocking Innovation Through Open APIs SaaScada’s core banking platform, built with a cloud-native architecture, embraces open APIs.
Zurich, 09.07.2024 – Partes Ltd and SaaScada have announced a strategic partnership for the Swiss market. This collaboration will allow to offer state-of-the-art core banking software and embedded finance solutions tailored to the specific needs of the Swiss financial industry. In addition, Partes will provide Banking-as-a-Service (BaaS) services -built on the SaaScada platform. With this
Many core banking systems are not configured in a way that makes it easy to make incremental changes to products or test new product features in a low risk way. Some older systems will rely on an IT team to implement changes. More modern cores will allow product teams to make changes to product but
