FinTech Magazine August 2019 | Page 138

GATEWAY FIRST BANK
138 on its own private cloud , in which it has invested massively , and it has deep experience and scale in digital banking .” The transition from the current Jack Henry banking system will take place in July 2019 .
Loan servicing is the ongoing relationship between lender and client , and this relationship will be trusted to Sagent LoanServ , another partner with its own private cloud . Moving infrastructure from the data center into the cloud , whether private or public , has been an ongoing goal of the IT team , and has largely been achieved , with Blend hosted on AWS as well as both contenders for the LOS . “ By the end of 2020 , we are going to be sitting in a very unique place . We are a mortgage company that became a bank – and that is exciting enough in itself – but by then we will have all of our core technology running our operations in our business wholly on the cloud , on some of the largest fintech platforms .” Such partners were selected because they are highly future-oriented organizations that look at themselves primarily as technology companies . This , says Harpe , drives their behavior and decision making .

“Everything we ’ re doing is geared around the customer experience and we remove as much friction from that process as we can ”

— Steven Harpe , CIO , Gateway First Bank
AUGUST 2019