CLOUD APP DEVELOPMENT

Mambu and Volante Technologies Join Forces to Pioneer Cloud-Native Banking and Payments Modernization

Mambu and Volante Technologies | January 24, 2022

Market-leading SaaS banking platform Mambu, and global provider of cloud payments and financial messaging solutions, Volante Technologies, announced a pioneering collaboration to help banks and lenders modernize their banking and payment infrastructures rapidly. The strategic partnership will enable joint customers to speed delivery of innovative payment products and services without needing to rip and replace legacy systems.

Traditional financial institutions struggle with legacy systems that are inflexible, slow and expensive to replace and adapt. Volante and Mambu are partnering to allow financial institutions to modernize their existing payment systems and quickly launch new solutions with different payments capabilities such as wire, ACH, SEPA, real-time and cross border payments. The integration allows customers to implement payment functionalities faster than traditional vendors and provides richer experiences with more flexible payment options for consumers and businesses.

As an API-first platform, Mambu seamlessly integrates with off-the-shelf software solutions, such as Volante, enabling financial institutions of all sizes to offer better, differentiated experiences to their end-customers.

The partnership boosts digital banking and payment functionalities that help orchestrate state-of-the-art solutions across all banking channels. Like Mambu, Volante provides digital technology solutions that equip institutions for future success. Together, we are making available a system that empowers all payment processors seamlessly within Mambu’s Payment Hub. Within a matter of hours, processors can develop and quickly deploy the elements needed to deliver an exceptional 24/7 experience to their customers.”

 Kevin Trilli, Mambu Chief Product Officer

Trilli added, “The platform was possible because of a shared philosophy that a modern low-code cloud architecture allows for scalability, cost-saving and agility. This will drive change and is an important step in making payments processing simpler and more accessible.”

John Farrell, SVP Global Product Management, Volante Technologies commented, “We see this strategic partnership as transformational for the industry. SaaS is a game-changer for core banking. Payments as a Service (PaaS) and low-code technology have proved equally disruptive in payments. By unifying the two, Volante and Mambu are creating a powerful Banking as a Service (BaaS) platform. We believe this synergy, combined with our strong affinity in culture, values and style, will drive tight collaboration and co-innovation for the benefit of our joint customers."

About Mambu
Mambu is the world’s 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 800 employees​ that support 200 customers in over 65 countries - including N26, League Data, BancoEstado, OakNorth, ABN AMRO, and Orange Bank.

About Volante Technologies
Volante Technologies is the leading global provider of cloud payments and financial messaging solutions to accelerate digital transformation. We serve as a trusted partner to over 100 banks, financial institutions, market infrastructures, clearing houses, and corporate treasuries in 35 countries. Our solutions and services process millions of transactions and trillions in value every day, powering four of the top five corporate banks, 40 percent of all U.S. commercial bank deposits, and 70 percent of worldwide card traffic. As a result, our customers can stay ahead of emerging trends, become more competitive, deliver superior client experiences, and grow their businesses through rapid innovation.

Spotlight

JD Edwards enterprise resource planning (ERP) software has been in the marketplace for well over 30 years with customers ranging from millions to tens of billions in annual revenue. One key reason for JD Edwards’ success is an architectural design whereby all transactions are centrally managed and a separate tools layer that is used for administration.

Spotlight

JD Edwards enterprise resource planning (ERP) software has been in the marketplace for well over 30 years with customers ranging from millions to tens of billions in annual revenue. One key reason for JD Edwards’ success is an architectural design whereby all transactions are centrally managed and a separate tools layer that is used for administration.

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CLOUD SECURITY

Alkira Unveils Fastest Cloud Access through Cloud Area Networking

Alkira | June 22, 2022

Alkira introduced Cloud Area Networking, a cutting-edge network that quickly connects networking teams to the cloud. A complete stack, edge-to-cloud enterprise-grade network with integrated routing and network services makes up the ground-breaking, first-of-its-kind solution. It is the only network entirely developed in the cloud and provided as a service, requiring neither the purchase of hardware nor the setup of agents. Slow cloud installations are a problem for even the most savvy businesses. The inefficiency results from juggling many networking silos with various tools and capabilities. The key to success is unification, which requires complex manual settings and specialist cloud expertise. Warner Music Group, Koch Industries, Tekion, and other companies have already benefited from solutions from Alkira Cloud Area Networking. Network engineers and architects can now set up unified global networks and cloud on-ramps using only a browser and a mouse. Work that once took months to perform is now completed in hours. The whole development, management, and use of the network is automated using Alkira Cloud Area Networking. No hardware or software has to be installed. Cloud Area of Alkira Cloud and multi-cloud deployments are significantly accelerated by networking. By combining all users, sites, clouds, and vendors into a single network, it achieves this. Total end-to-end visibility, compliance, security, and more are the outcomes. With one-off, unmaintainable network deployments, organizations may cease adding to their technological debt. Alkira Cloud Area Networking is designed to be repeatable in the future. Blueprinted. Automated. For optimum operational agility, it seamlessly connects with the CI/CD pipeline. Delivering a single policy posture across the whole on-premises and cloud network is made simpler as a result. “Organizations looking to transform their networks are often surprised by the vast magnitude and intricacies of the undertaking. The complexity of existing networking and security architecture, lack of uniform policies across on-prem and public cloud, and limited network visibility all combine to create lengthy, error-prone implementations that are difficult to monitor. Cloud Area Networking technologies that automate all that tedious plumbing can be a compelling solution for organizations that want to quickly embrace the speed and agility of the cloud,” said Shamus McGillicuddy, Vice President of Research, Network Management, at Enterprise Management Associates (EMA). “Until now, enterprises had a choice between shoe-horning last-generation technology into the cloud or using orchestration tools to hide the complexity. Enterprises are reaching the limit on how much they can patch their increasingly fragmented network. The Alkira way, the Cloud Area Networking way, is a single, enterprise-grade network infrastructure built for the cloud but grounded in reality,” Amir Khan, Chief Executive Officer of Alkira

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CLOUD APP DEVELOPMENT

Wipro Launches an Automotive E-commerce Cloud Solution for Direct-to-Consumer Marketplaces to Launch and Grow Quickly

Wipro Limited | November 12, 2021

Wipro Limited a leading global Information technology, consulting, and business process services company, unveiled Click-Shift-Drive, a contactless car-buying solution that addresses the complete automobile-buying journey. Scalable, flexible and rapidly deployed, the end-to-end solution enables automakers and dealers to offer everything from research and loan approval to purchase and delivery at a time when 50% of car-buying journeys begin online. Wipro’s Click-Shift-Drive empowers automakers and dealers to quickly adapt to the digital-first demands of the Millennial and Gen Z consumers taking over the car-buying market. With Click-Shift-Drive, automakers and dealers can launch e-commerce solutions and provide a virtual direct-buying experience in just eight weeks. Click-Shift-Drive uniquely incorporates a range of Salesforce technologies so companies can provide an enhanced user experience throughout the customer journey. In addition, Wipro partnered with ThreeKit 3D & Augmented Reality to provide an augmented reality component so buyers can visualize a virtual rendering of the automobile in their own driveway. “Research shows 59% of automotive customers are interested in buying cars entirely online. Click-Shift-Drive, part of Wipro’s $1 billion investment in cloud over 3 years, empowers manufacturers and dealers to meet that demand by launching online marketplaces faster and with more features than ever before. As e-commerce gains prominence, Click-Shift-Drive is ideally suited to help industry leaders deliver an enhanced customer and purchasing experience." Hari Raja, Global Salesforce Practice Head, Wipro Limited “The automotive industry has embraced pandemic-driven digital transformation, accelerating it to ensure customers get the best they want. As the Salesforce platform has evolved to provide a 360-degree customer view, augmenting it with mixed reality solutions to drive a next-generation experience that addresses the entire spectrum from buying intent to final car delivery will be critical. With its expanded offering, Wipro is aiming to help automotive enterprises in this next-gen Salesforce-led customer experience journey,” said Yugal Joshi, Partner and Head of Enterprise Applications Research, Everest Group. "Building relationships and knowing your customer is key to the success of any commerce business," said Lidiane Jones, Executive Vice President & General Manager, Salesforce Commerce Cloud. "For many customers, this requires a suite of integrations made possible by our partners. With Wipro’s Click-Shift-Drive and Commerce Cloud, companies will be able to take customers beyond traditional product catalogues and lead management in the car buying journey to a highly customizable commerce engine." About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. Forward-Looking Statements The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

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CLOUD STORAGE

Digging into the Atos-Nimbix Deal: Big US HPC and Global Cloud Aspirations. Look out HPE?

Atos, Nimbix | August 03, 2021

Behind Atos’s deal announced last week to acquire HPC-cloud specialist Nimbix are ramped-up plans to penetrate the U.S. HPC market and global expansion of its HPC cloud capabilities. Nimbix will become “an Atos HPC cloud center of competency and act as a global hub” and also be able “to position” Atos hardware for sale. Financial details of the acquisition were not yet disclosed. Atos, of course, is a leading systems maker in Europe. It has worked with Nimbix in recent years including occasionally on joint proposals to customers. Nimbix began in 2010 as a boutique HPC cloud company offering leading-edge HPC technology, often much earlier than the big cloud providers. It has been winding down its independent cloud business and migrating customers to public clouds while leveraging its HPC orchestration services and Nimbix JARVICE XE software. Andrew Grant, Atos vice president for HPC strategic projects, discussed deal drivers and plans for Nimbix with HPCwire. Grant singled out three deal drivers: Expanding HPC Cloud Market. “There are plenty of statistics behind this shift. About 50-60 percent of customers are looking to have HPC in the cloud as part of their HPC strategy over the next few years. Some industries are moving faster than others, but the move is across all industries and last year represented a tipping point. That’s reason number one why we are doing this,” said Grant. Work with Big Cloud Providers. “Both Atos and Nimbix were having separate discussions with hyperscalers about enhancing their HPC offers. So having HPC services and expertise to enhance the services offered by those hyperscalers, and just making it easy to migrate workloads into public clouds, is something that we think is very desirable. The combination of the JARVICE and the Atos existing software, which is our extreme computing studio, portal, and remote visualization tools, we think that pretty much ticks every box. To answer your question about our plans for JARVICE; absolutely, we see the value in that and that’s the core intellectual property that we’re investing in. Over the next year we’ll look at how JARVICE is integrated into our software suites for HPC,” he said. Look out HPE! “We’re the dominant player in Europe, but we don’t do a lot in HPC in the U.S. We have a handful of U.S. customers but very few HPC customers. That’s despite us having a very large staff count in the U.S. The reason is we haven’t had a team of HPC experts, or a large team anyway. Having knowledgeable feet on the street with a known brand in HPC that understands the ecosystem will help us to sell our hardware platforms as well as the cloud platforms. The Nimbix team will be positioning Atos hardware platforms for the U.S. market. We also hear from U.S. customers and partners that for high-end HPC and supercomputing, there is very little competition for HPE [in the U.S.] after acquiring Cray, and SGI. That’s where we compete very well in other markets. We want to bring that to the U.S. [where] even a small portion of the market will make a big impact.” The product jewel in the deal is the Nimbix JARVICE XE software platform, which has been positioned as the first container-native hybrid cloud platform. It supports x86, OpenPower and Arm. There has even been work with Riken to port it to Fugaku, currently the top performer on the Top500 list. In late 2020, Nimbix Chief Technology Officer Leo Reiter told HPCwire that “JARVICE XE can be used with any Arm platform, so long as it supports Linux and Kubernetes. Currently, JARVICE XE is deployed on Fujitsu FX700 systems (which like Fugaku are powered by the Fujitsu A64FX CPU), and JARVICE also supports Amazon’s Graviton processors, either as a fully standalone resource or as a processing target from an existing JARVICE-based system.” In distinguishing the Atos and Nimbix cloud platform, Grant said, “Atos is focused very much on the front end of the portal interface to make the job submission portal, easy and customer friendly, and the security around that. The JARVICE focus is very much downstream and what happens at the delivery end. So the ability to move containers, and to do it in a multi-cloud way. So you could go to Amazon, Google, etc. and have the ability to dynamically create clusters. Any Kubernetes target is suitable for JARVICE.” “So, whereas we can easily submit a Slurm job, let’s say from an on-prem system into GCP (Google Cloud Platform), what we couldn’t easily do before was be able to create a cluster on the fly, submit those containers, have those containers elastically grow in the cloud environment. That is the unique IP that JARVICE has, which I think is a fantastic asset. I don’t think anybody else has that capability,” he said. Atos has broadly identified four uses cloud cases (slide below) and is working with the major hyperscalers on them. “Use case one is where you’ve got a customer who has an on-prem facility and just wants to burst parts of their workload into the hyperscaler. That might be to access a new bit of hardware, or it might be just they’ve run out of capacity on site. Use case two is the same but the customer doesn’t have an on-prem facility. These are the easy ones that we could do today that we could do without the JARVICE software, although JARVICE makes it a lot easier. Use case three would be where we have a customer that perhaps has a very specific requirement, and wants to host a platform with a regional extension of a cloud service provider. We do this today, for SAP HANA for Oracle, where, for example, we have bare metal servers in Google’s datacenters for any customer that’s wanting to do Oracle as a service,” he said. The fourth use case, as described by Grant, is multi-tenanted HPC system such as a supercomputer hosted at a service provider, “where we can partition off parts of the machine in an elastic way and scale them up. And I’m distinguishing here, between partitioning a supercomputer and providing access on a general-purpose cloud system where you’ve got virtualized resources.” Nimbix was known for bringing advanced HPC technology to market early – think FPGAs, GPUs, IBM’s Power processor, Arm – and Grant said Atos is likewise inclined and will continue in that vein. One wonders, for example, if it will be an early supporter of RISC-V in the cloud. Grant said, “We’re doing some hardware evaluations on various things at the moment. It’s a bit too early to talk about, but Atos is generally very early to market. We were the first to market with AMD Rome, for example, and similarly we will be very early with Sapphire Rapids and some of these other technologies that are coming out on the horizon.” It’s early days and Grant expects the integration of Nimbix and the roll-out of expanded cloud offerings to occur over the next year. For the moment the Nimbix executive team has taken on new titles. Steve Hebert, founder and Nimbix CEO, is now VP, Global Head of Atos Nimbix HPC Cloud. Rob Sherrard, also a Nimbix cofounder, is now Sr. Director of Global Delivery for Nimbix HPC Cloud Services. Reiter, Nimbix CTO is now CTO and Technical Director of the Atos Nimbix HPC Cloud. It certainly would not be unusual for executive movement following acquisitions. Atos has big plans. “We’ve grown consistently 20 percent year on year. And that’s mainly been in Europe, but we’ve also done a lot in India and South America, and so on. But as I said, we haven’t done an awful lot in the U.S., and as you know, 46 percent of the global market is in the U.S. The key thing is Atos is a big company in the U.S. We were a $3 billion company in 2019 – I’m not sure what the 2020 numbers were – with over 10,000 employees and 45 different locations,” said Grant. “Critically, for me anyway, are things like eight out of the 10 largest [U.S.] manufacturers are customers, 50 percent of the top banks are our customers. Those organizations are using HPC, but they’re not using HPC from at us today, for the reasons I’ve mentioned. A key part of what we want to do is take advantage of that footprint, those customers, and have an expanded Nimbix team able to go and support those and upsell and cross-sell HPC capabilities into those customers. We absolutely intend to grow general HPC footprint hardware as well as software as well as cloud in the US through this acquisition.”

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