FinTech Magazine - May 2023 | Page 171

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“ Whether it be a mortgage application or a deposit application , we can support that , power it , we can take the relevant customer fields in ,” he says . “ We allow our customers to basically be their own institution , support their own needs , but powered by a global solution .”
Giving power to customers As Lawler explains , ultimately the goal for Mambu is to give power to its customers . “ A customer will have the same solution in Brazil that they will in the UK or in Australia . But each of those customers will be using that solution in a slightly different way and then putting orchestration and configuration around it for the way they want to work .
“ What we give them is that freedom . From a mortgage perspective , they might be tied into legacy stacks with big change requests , and delays in product changes . We remove that for them , we allow them to update products quickly , and plug-and-play with the partners they choose .”
With its cloud-native platform , Mambu allows financial institutions to constantly improve and be nimble and ready for change as it happens .
“ From a deposit angle , rates move quickly ,” Lawler explains . “ And it works both ways . You might find yourself at the top of the best-buy table . Perhaps you don ' t want to be number one , in which case you can pull the product , and put a new one on market . Or perhaps you want to be number one because you want to do something on your lending line or to launch an aggressive product . We ' re there to support it all the way through .” fintechmagazine . com 171