Context and client's need
A client from the lending industry operating in 3 countries used various fragmentary solutions that were not adapted to their needs.
They needed a unified system, adjusted to the countries' local requirements. The core banking system specified by the client was Mambu.
An additional requirement was a possibility to easily adapt the system to new countries.
What needed to be done?
Our task was to develop a platform based on BaaS (Banking as a Service) Mambu system. We used our previous experiences not only to integrate, but also to prepare loan origination forms and business processes.
The client also needed a proper EOD (End Of Day) process, extended with operations specific to each of the countries.
What we achieved
We created scalable solutions tailored to the client's needs as well as to the legislative requirements of individual countries, including IFRS 9 accounting standard.
We maintained continuity of operation across all three countries in which the client was running the lending business.
We prepared the entire software so that it would be possible within a few weeks to connect another country in which the client would like to start granting loans.