In today’s fast-paced financial landscape, traditional banking systems need help to keep up with the ever-changing demands of customers and market challenges.

That’s where composable banking comes in – a revolutionary approach that enables financial institutions to seamlessly propose and update the required business services to their customers into one fully adapted IT solution, either in the public cloud or as a hybrid model.

From customer engagement to processing across all business domains, including deposits, payments, cards, savings, and loans, composable banking empowers banks to optimize added value to customers and master their IT costs.

Indeed, the main advantage of composable banking is that it is an agile, flexible, and cost-effective system that can be adapted to the individual needs of each bank.

Composable banking can help financial institutions create new business models, select the needed business services regardless of the software provider, and simplify their IT landscape at a speed and scale previously impossible with legacy infrastructure.

From an IT point of view, banks’ existing legacy systems are no longer suitable, as they are too inflexible to respond to market demand.

The composable banking approach is now a “must-have” for retail banks. Over the long term, it’s a critical success factor for banks regarding competitiveness, cost, and risk control, even if it’s not yet identified as a top priorit.

SBS offers a composable banking solution adapted to each type of financial institution, regardless of its size and composable banking ambition, be it a business service, a domain or sub-domain, or the entire solution required for the business model to be served.

Our key objective is to enable our clients to optimize and prioritize their composable banking transformation decisions and deadlines.

To find out more about our solutions, click here.

Please fill the form above to unlock the rest of the content
pdf file

Andrew Steadman

Chief Product Officer

SBS