WEBINAR ON-DEMAND
Composable Banking FAQs with Deloitte & Mambu
Leaders from Deloitte and Mambu dispel some of the common myths around composable banking and answer the most frequently asked questions from financial institutions across the globe.
The banking ecosystem has become a highly competitive environment for traditional banks. Fintechs are gaining market share, with innovative financial products that are being delivered through agile, customer-focused business models.
As financial institutions evolve to compete in this space, more and more are turning to composable banking. A great example of this is Western Union, who launched two digital banks with Deloitte and Mambu in less than a year ā an incredible feat.
This trend is set to continue. Gartner predicts that by 2024, at least 60 percent of finance organisations will be seeking composable finance applications in new technology investments.
Composable banking vs traditional solutions
In this webinar, we answer the most frequently asked questions from global financial institutions, including:
- What are the functional components of a composable bank?
- What are the typical challenges when deploying a composable application?
- What are the risks associated with a composable implementation?
- What recommendations and best practices should we use to migrate to a composable architecture from a monolithic architecture?
- Can composable enable coreless banking in the long run?