GFT & Mambu: Accelerating Core Banking Transformation Using Composable Architecture

FF News interviewed Simon Farmilo, from GFT, and Deniz Tireli, from Mambu, and discussed how their strong partnership is already reimagining core banking for the cloud era based on composable architecture.

By working in collaboration, GFT and Mambu are supporting banks to replace outdated and monolithic systems with digital platforms that can be agile, scalable, and secure. The partnership provides financial institutions the opportunity for simpler migration of complex core systems, to reduce costs and timelines to market – hitting go live times in under 12 months compared to years-long projects.

With Mambu’s composable banking platform and GFT’s expertise in regulatory compliance, technical delivery, and acceleration of digital banks, the two are working closely together to offer exciting platform partners like BankStart, and not the least, using our Migration Toolkit to help banks leverage modular banking models more quickly and achieve live MVP products, within a compliant environment. More importantly, what our banks are able to do is leverage real-time data, and AI to meet the digital demands of consumers evolving in line with the four-central bank objectives shared in the strategy.

With each partner having successfully completed numerous project implementations across Europe and LATAM, GFT and Mambu have been proving that composable is not the future – composable is now. Leveraging their global strategy, co-created assets will also help banks unlock the true value of their digital transformation projects, while achieving local compliance, and be confident within scaled projects.