MAMBU incrementally , or progressively changing systems over time .
This means embracing cloud technology and ecosystem tech partners to deliver a precise transformation , targeting and augmenting individual systems with a surgical approach . Not only does this afford banks greater control but means business dynamics and unit economics remain unchanged .
Banks can proceed with business as usual , while developing next-generation products and services for a best-in-class customer experience . must be built to change . If banking wants to deliver the hyper-personalised services and automation we ’ re seeing in consumer sectors like retail and hospitality , it must rethink the rip-and-replace school of digital transformation .
Slow , costly and time consuming , this approach can be as cumbersome as the systems it ’ s designed to replace . But , working with technology partners , banks can bring innovation to market almost immediately , along with the agility needed to respond to an ever-changing future .