Published on: February 1, 2024
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In response to the imperative for financial institutions to shift to modern cloud-native systems, at five°degrees we've developed a cutting-edge cloud-based core banking platform, powered by Microsoft Azure. Specializing in digital banking solutions, we cater to diverse clients, ranging from globally operating tier-1 banks to fintechs.
Our Azure-native core banking platform is a versatile solution, offering a highly configurable, open modular structure. Leveraging Azure services, we've broadened our customer base while ensuring stability and resilience for core banking engines. Maurits van Schooneveld, our Head of Strategy and Business Development, emphasizes the platform's scalability, enabling swift deployment of financial products and seamless updates. The solution reduces time-to-market, enhancing efficiency. Furthermore, our solutions facilitate the rapid release of new financial propositions, empowering banks to focus on innovation. With a commitment to compliance, we assist clients in navigating the regulatory landscape, fostering increased collaboration and innovation.
In conclusion, strengthened by our Azure cloud-native technology, we offer a lean core banking platform for fintechs and larger banking operations. Looking ahead, we are poised to expand our offerings, shaping the future of banking with innovative strides and Azure-powered solutions.
Want to learn more? Read Microsoft’s article: ‘Five Degrees reinvents core banking with Microsoft Azure–native banking solution suite’.