Persistent bureaucracy partnership with UK’s Monument Bank

Persistent bureaucracy partnership with UK’s Monument Bank

by admin- Tuesday, August 2nd, 2022 03:56:54 PM

Monument Bank, UK’s first neo financial institution focused at the wishes of the ~four.8 million ‘mass affluent’, has partnered with Persistent Systems, a Global Digital Engineering company to build a bespoke, cloud-native virtual banking platform for lending and deposit offerings to aid Monument’s ongoing operations. Monument’s target customers are usually pressed for time and often feel underserved and undervalued with the aid of other banking carriers.

Monument’s assignment is to assist its clients prosper and optimise their time through supplying smart, efficient and flexible answers.

Persistent turned into engaged inside the designing and making plans of Monument’s era structures and ultimately helped assemble the Bank’s bespoke structures architecture the use of a bendy building block technique. This technique allows new additives to be introduced and swapped over time to take advantage of the modern-day innovations, allowing Monument to pick out and combine a couple of SaaS primarily based middle element technologies.

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