Solarisbank, Europe's most well-established Banking-as-a-Service (BaaS) provider, wanted to move away from the legacy processes inhibiting loan origination and servicing so they migrated all products and existing loans onto the Mambu SaaS cloud banking platform running on AWS. This initiative has proven to be a major success, helping the bank accelerate time-to-market for new lending products and smooth implementations and deployments across numerous European countries.
For this core migration to the cloud initiative, Celent named Solarisbank its 2022 Model Bank for Core in the Cloud. In a full case study, Celent showcases how Solarisbank’s core migration to the cloud on Mambu, including the modernization of its lending platform, has significantly enhanced the scalability, resilience, and flexibility of the bank.
“Celent was impressed by the move to a completely cloud native core platform running on AWS. This has significantly enhanced the scalability, resilience, and flexibility of the bank.” Stephen Greer, Celent, Senior Analyst – March 2022
*Solarisbank is a trademark of Solarisbank Group, Inc.
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