NTT DATA, a notable brand in consulting and IT services delivery for BFSI (banking financial services and insurance) has launched its new banking technology, Platea Banking. It would work seamlessly with legacy banking technology to speed up the launching process of new business models or services.
The new banking platform is designed to facilitate the transition from traditional theatrical bulky models to high-efficiency, operational models through a cloud-native, platform-based approach. This will promote an open banking ecosystem and enable banks to provide better banking services to their customers.
As an open banking platform, Platea Banking is supported by Cloud-Native Banking Architecture. The digital platform has a wide range of partner ecosystems and multiple functional module sets that allow banks to create digital platforms of their choice.
The various services included in the modules are customer onboarding, planning and financial management, lending, card issuance and processing, payment and other key services. Thanks to Platia Banking’s cloud-based approach, banks can easily scale their digital transitions at their comfortable speeds without any vendor lock-in problems.
Advisory Editor: Syed Ershad Ahmed
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