NEWS
Report reveals organisatio
legacy system modernisa
More than two-thirds of organisations (67%) have started a
legacy system modernisation project but failed to complete
it. This is according to new global research from Advanced, which
suggests one of the largest obstacles to a successful modernisation
project is a disconnect of priorities between technical and
leadership teams.
Backbase and Mambu pa
end-to-end integrated Sa
Backbase, a leading omni-channel banking
solution provider, has announced a
strategic partnership with Mambu, a Berlinbased
cloud banking platform, to jointly
deliver a unique and powerful turnkey digital
banking solution.
In the highly competitive banking
industry, financial institutions are looking
for ways to increase their speed of
innovation and flexibility to offer seamless
banking experiences that customers
actually want. The outdated legacy
infrastructures, however, are inflexible
and costly to maintain – making it
challenging for financial institutions to
innovate, deliver and quickly adapt the
products and services modern end-users
expect. The Backbase and Mambu
partnership will help financial institutions
of all sizes to break free from their legacy
core and take back control. These new
capabilities are pre-integrated, cloud-based
and include turnkey app
a fully serviced platform
This seamless and futur
facilitates fast innovatio
flexibility that empower
institutions across the g
frictionless digital-first e
and better meet the ne
customers, who prefer e
18 INTELLIGENTCIO