Mambu, a prominent cloud banking platform, recently achieved a significant milestone. OYAK ANKER Bank GmbH has successfully modernised and migrated its core banking systems to the Mambu platform. This digital shift signifies a landmark moment for the German banking sector.
With Innovance’s coordination, this evolution led to the total replacement of the bank’s old systems. Mambu’s platform was chosen as the cornerstone for these changes, enabling a full revamp of OYAK ANKER Bank’s core banking systems.
Consequently, the bank’s operations now entirely rely on Mambu’s cutting-edge technology. This transformation places OYAK ANKER Bank at the forefront of the digital banking sector in Germany.
Migration Impact
Post-migration, the bank can now harness the scalability and flexibility of Mambu’s cloud banking platform. This tech shift will allow the bank to respond more effectively to fluctuating market conditions and customer demands.
Switching to Mambu’s platform is likely to boost the bank’s operational efficiency significantly. It also empowers OYAK ANKER Bank to expedite the rollout of new financial products and services to its customers.
Utilising Mambu’s cloud-based technology, the bank also stands to gain from enhanced security and reliability. As a result, customers can expect a safer and more seamless banking experience.
In summary, the successful migration of OYAK ANKER Bank’s core banking systems to the Mambu platform highlights the growing importance of cloud-based technology in the banking industry. This shift further emphasises the vital role that digital transformation plays in boosting the efficiency and competitiveness of financial institutions.
