December 1, 2021: SunTec Business Solutions and Mambu announced a partnership with plans to integrate its complete revenue management solution with Mambu’s cloud banking platform. As part of this partnership, SunTec’s industry leading pricing, billing and benefits management solutions will be available to banks for seamless integration into the core banking platform.
Banks are witnessing an increasing demand for personalized products, offers and benefits from its customers. Personalization must be delivered to customers on a real-time basis and at scale. As time to market is of critical importance, banks need solutions that are ready to deploy and easy to adopt.
This partnership between Mambu and SunTec Business Solutions will help banks access hyper-personalization capabilities out of the box through the pre-integrated core banking and revenue management solution. With this partnership, banks will have the ability to orchestrate truly exceptional customer experiences, by offering personalized pricing and benefits at scale. The integrated solution will further allow banks to significantly shorten their time-to-market for the launch of new products, offers and benefits.
SunTec’s API-first platform Xelerate is now available on the Mambu Marketplace.
Amit Dua, President and Global Head – Client Facing Group of SunTec Business Solutions says, “This powerful integration will empower banks to ensure faster time-to-market, improve responsiveness and reduce operating costs. The integration of the world’s leading specialized relationship-based pricing solution with the leading new-age core banking solution will solve the challenges of personalization in pricing and benefits, helping banks capitalize on enhanced loyalty and share of wallet. We believe that the banks that are already using Mambu as a core banking solution can readily deploy our specialized and proven revenue management solution to transform the way they manage their customers.”
Kevin Trilli, Chief Product Officer of Mambu says, “We believe that the ability to craft a unique and personalized customer experience, will be a strategic advantage for banks going forward. Today, we are proud to bring best-of-breed, differentiating solutions to our customers. SunTec’s technology, integrated with our core banking platform, can help banks orchestrate complicated business use cases, through personalized pricing, offers and benefits.”
SunTec is the world’s #1 pricing and billing company that creates value for enterprises through its SaaS products and its proprietary industry-agnostic, cloud-enabled revenue management infrastructure has enabled leading banks around the world to orchestrate and transform their customer experiences at scale.
SunTec’s Xelerate platform helps banks future proof their technology investments and address the demands of managing banking ecosystems. Banks can now offer financial and non-financial products and personalize product bundles from across multiple core systems. Xelerate has the capability to manage revenue settlement for complex offerings.
Mambu is the only true SaaS cloud banking platform with more than 200 customers around the world. Their technology design follows the philosophy of composable banking, offering banks greater flexibility, speed and convenience in deployment. The planned integrated solutions can be easily configured with APIs and low-code, no-code technologies, making adoption easier for banks.
About Mambu
Mambu is the only true SaaS cloud banking platform. Launched in 2011, Mambu fast-tracks the design and build of nearly any type of financial offering for banks of all sizes, lenders, fintechs, retailers, telcos and more. Our unique composable approach means that independent components, systems and connectors can be assembled in any configuration to meet business needs and end user demands. Mambu has over 700 employees that support 200 customers in over 65 countries – including N26, OakNorth, Tandem, ABN AMRO, Bank Islam and Orange. www.mambu.com
About SunTec
SunTec is the world’s No. 1 pricing and billing company that creates value for enterprises through its Cloud-based products. More than 150 clients in 45+ countries rely on SunTec to provide hyper-personalized products, offers, pricing, loyalty programs, and billing for over 400 million end-customers. SunTec products are based on our cloud-native and cloud-agnostic, API first, micro-services-based proprietary platform, Xelerate and are delivered on-premise, on private cloud and as SaaS. SunTec has global operations including the USA, UK, Germany, UAE, Singapore, Canada, Australia and India. For more information, please visit: www.suntecgroup.com
