Audax, a Standard Chartered Bank-backed digital banking technology solutions provider, and global consulting firm Shin Pulse We partnered with financial institutions to modernize their banking infrastructure.
The partnership focuses on bringing together advanced digital banking technologies and Synpulse’s expertise to help banks upgrade their existing systems and migrate to cloud-based platforms without disrupting operations.
The partnership will enable banks to move to a scalable and secure cloud environment, helping them manage their large customer base more efficiently.
By leveraging dual-mode infrastructure upgrades, banks can modernize their digital systems while maintaining existing operations, avoiding costly and time-consuming overhauls.
The solution also facilitates embedded finance and contextual banking, enabling banks to offer financial services through a partner ecosystem via a Banking-as-a-Service (BaaS) model.
This is particularly important for underbanked regions in Southeast Asia and the Middle East, where financial inclusion remains a priority.
The partnership aims to provide critical services to underserved populations while also enhancing services for digitally savvy customers in more developed markets.
Banks can expect to efficiently deploy these modernized systems within six months with a combination of expertise from: Audax And Synpulse.
This ensures efficient integration and rapid adoption of new technologies.
Mike Breen, Chief Commercial Officer at Audax, said:
“We are excited to combine Audax’s expertise with Synpulse to deliver this flexible, cloud-centric solution for infrastructure modernization. We look forward to working together to help banks future-proof their technology stack.”
“By combining our strengths, we will set a new standard for agile and resilient banking infrastructure that paves the way for greater financial inclusion and service innovation.”
Andreas Neidhart-Lau, head of retail and SME banking, Asia Pacific at Simpulse, added:
“Our collaboration with Audax marks an important milestone in our efforts to help financial institutions thrive in a rapidly changing environment.
This partnership goes beyond system upgrades; it also aims to accelerate the speed of innovation, improve operational efficiency, and foster a more inclusive financial ecosystem.”
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