Innovate and launch: How banks can securely leverage cloud to expand into new markets.

A Finextra Research impact study in association with Amazon Web Services (AWS) and Mambu.

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Navigating the Cloud: A Strategic Imperative for Financial Institutions

According to McKinsey, 70% of banks are reviewing their core banking platforms and are beginning to leverage the potential that cloud-native services can deliver.

To stay agile and be able to launch new products quickly and cost effectively, banks and payment providers need cloud. It allows traditional players to compete with nimble fintech startups and well-funded financial services firms.

But cloud migration, for any firm, is complex and no two firms will have the same journey. This report explores the key factors for financial institutions in choosing the right cloud services provider and the right technology partner.

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REINVENTING BANKING WITH MAMBU

Customer stories

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“This partnership will allow us to spend less time managing our legacy systems and more time focusing on improving our members’ experiences, which is our main priority.”

Rob Howse, COO at Leeds Building Society

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"We were looking for a flexible, cloud-native platform with core product capabilities that would support our mission to become a reliable and versatile partner for financial services.”

Hilmar Scheel, CEO at bob Finance

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“We chose Mambu because the company is agile and has been from the start. The team has taken very good care of us. We cannot wait to move the rest of our operations onto Mambu, including lending, business banking and more.”

Mariann Villamizar, VP Technology at Towerbank

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“This partnership will allow us to spend less time managing our legacy systems and more time focusing on improving our members’ experiences, which is our main priority.”

Rob Howse, COO at Leeds Building Society

Learn more

"We were looking for a flexible, cloud-native platform with core product capabilities that would support our mission to become a reliable and versatile partner for financial services.”

Hilmar Scheel, CEO at bob Finance

Learn more

“We chose Mambu because the company is agile and has been from the start. The team has taken very good care of us. We cannot wait to move the rest of our operations onto Mambu, including lending, business banking and more.”

Mariann Villamizar, VP Technology at Towerbank

Learn more

“This partnership will allow us to spend less time managing our legacy systems and more time focusing on improving our members’ experiences, which is our main priority.”

Rob Howse, COO at Leeds Building Society

Learn more

"We were looking for a flexible, cloud-native platform with core product capabilities that would support our mission to become a reliable and versatile partner for financial services.”

Hilmar Scheel, CEO at bob Finance

Learn more

“We chose Mambu because the company is agile and has been from the start. The team has taken very good care of us. We cannot wait to move the rest of our operations onto Mambu, including lending, business banking and more.”

Mariann Villamizar, VP Technology at Towerbank

Learn more

Start your digital transformation today.

Mambu’s cloud banking platform helps hundreds of financial institutions and fintechs worldwide shift to a high-velocity operating model. Our composable technology allows you to build modern financial experiences that align with your customers' values and ethics.

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