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New partnership to promote globally next gen cloud-native core banking platforms

19 august 2024

10x Banking, the next gen cloud-native core banking platform, and LTIMindtree, a global technology consulting and digital solutions company, announced a global partnership agreement, making LTIMindtree a key global implementation partner for 10x’s transformational meta core banking platform.

„This collaboration will enable financial institutions to embrace the significant momentum in the market as banks look to adopt modern core banking systems to accelerate their digital transformation.” – according to the press release.  

„The partnership marks a key milestone as both firms embark on a joint go-to-market approach, aimed at accelerating market penetration across large financial institutions globally. By combining 10x’s Meta core banking platform with LTIMindtree’s extensive industry experience, the partnership will help banks accelerate their modernization journeys through tailored solutions supporting the evolving needs of the financial sector.” – the company explained. 

As part of this partnership, LTIMindtree is establishing a new global 10x practice, comprising of functional and technical experts dedicated to the 10x Platform. 

Ram Khizamboor – Chief Delivery Officer, Banking, Financial Services and Insurance at LTIMindtree, states: “As banks review their strategy, they recognize the opportunity for innovation and transformation. Increasingly, they are looking at next-generation core banking systems with their lightweight core and real-time capabilities to drive growth, enhance efficiencies and deliver superior value to their customers.” 

We believe that 10x Banking, with its cloud-native solution, offers a compelling proposition to banks, which, when combined with our proven track record in core banking modernization and our partnership ecosystem, will empower banks on their transformation journeys.

Antony Jenkins – Founder – Chair & CEO at 10x Banking, adds: “Our partnership with LTIMindtree enables us to serve more financial institutions and drive impactful results for them. It amplifies our commitment to strategic collaborations that drive market leadership and will allow us to successfully support Tier 1 and 2 banks worldwide in their journey to modernize legacy core systems.

„By combining our best-in-class platform and LTIMindtree’s expertise, we are set up to deliver transformational solutions that address the challenges that financial institutions face today and support them into the future.” adds Antony Jenkins.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?