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Persistent Systems Delivers Digital-first Banking Infrastructure for New Challenger GB Bank
GB Bank, a new specialist bank that will boost economic growth and prosperity by being the property development finance lender of choice in underserved UK regions, has partnered with Digital Engineering provider Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT), to build its digital-first IT infrastructure and support the bank’s ongoing operations.
Persistent’s Digital Bank and Credit Union Solution has enabled GB Bank to rapidly build a bespoke cloud architecture using a ‘digital mosaic’ approach. At the core of the solution is a microservices based integration layer and pre-built integrations, that allow the selection of technologies best suited to deliver on the unique vision. Persistent’s solution provides flexibility to easily add or replace specific technologies, avoiding vendor lock-in and creating a future-proof architecture that can evolve with the bank’s growth and strategy.
To deliver on its promise, GB Bank’s strategy is to provide outstanding customer service, delivered by technology-enabled relationship managers. Instead of relying on traditional banking technologies, UK’s newest challenger bank is committed to building an ecosystem of solutions, including payment and reporting features which can be integrated or replaced dynamically in response to the changing demands of a growing business. GB Bank has carefully selected cloud-based solutions providers, including Mambu, OutSystems and AWS to ensure the best-in-class features are implemented. Persistent is utilizing its Digital Bank and Credit Union Solution to seamlessly integrate them all.
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