Mbanq Sky –
the fully integrated banking solution – Cloud or On-Premise
Full scope of banking products
Back-office integration
Regulatory compliance
Flexibility to add own innovation
Fully managed and easy to set up
Build your bank to be agile, compliant and secure. Mbanq Sky is a powerful, modern and complete, big data Digital Banking solution.
- Single source of truth (SSOT) big data core for reduced complexity and increased reliability
- Hosted via cloud or available physically on premise
A Paradigm Shift in Digital Banking
Mbanq Sky’s technology completely transforms any bank’s operational efficiency by utilizing complex big data structures to record real time financial transactions. The advantages are huge and immediate: no duplication, no room for conflicting data, no reconcilliation required. Business logic is built using big data algorithms on top of this data structure. This provides huge operational savings and increased stability over inefficient traditional systems where data structures are built around business processes.
Traditional Banking Technology
Traditional legacy core banking is complex, expensive and inefficient.
Slow because data structure is built on top of business processes.
Banking transactions are segmented into different data areas, such as master data, cash flows, accruals and interest.
Totals must be continuously calculated and stored.
Mbanq Sky
Single Instance – Single Database – Single System
Zero Confusion
All-encompassing. Streamlined.
On premise or via cloud.
Big data architecture and business processes on top of data layer for increased speed.
No internal interfaces, no duplication and no reconciliation because single source of truth (SSOT).
Data truth difficult to reconcile.
Huge operational effort.
Optimal data accuracy.
Minimum effort to operate.
Capabilities
Full scope of banking products and operations
Huge range of pre-integrated third-party connectivity to providers, including: regulatory, payment rails, card processors and ATM networks
Modern UX
Open API for full flexibility
Integrated back office for accounting, risk, regulatory and treasury
Beautifully designed white label apps for Android and iOS
Comprehensive
Front & Back-Office
Banking Functionality
MULTICURRENCY ACCOUNTS
DEPOSITS
Private and corporate
LENDING
Consumer, corporate, microloans, installments, mortgages, syndicated loans, collateral, 100+ methods for maturity and 40+ for interest
ANALYTICS AND REPORTING
Treasury, Regulatory, AML, Risk, Marketing
ACCOUNTING
Finance, Controlling, Tax
CRM
KYC, Onboarding, Scoring
CARDS
Debit, Credit, Loyalty
WEB- MOBILE BANKING
Internet banking and iOS / Android apps
Mbanq’s big data core connects to the global banking ecosystem
Benefits
We configure your products according to your individual requirements, set up your front end and apps and integrate with your existing platforms.
Customized enhancements are built and implemented if you require them.
Reduce operating resources and expenditure
Provide an extensive array of banking products
Migrate existing core data without any service disruption or risk
Leave behind the problems of legacy cores
Be faster and more cost-effective than in-house development
Gain an advantage over competitors
Delivery Process
INITIATE
Based on your business case, we work together to define your product and operational needs, and set early solution goals and deployment milestones.
CREATE
Configure your products according to your individual requirements, set up your front end and apps and integrate with your existing platforms. Customized enhancements are built and implemented if you require them.
DEPLOY
Your new banking product goes live after team training and SI & UAT testing. Our team is constantly in touch for maintenance, questions, and support and to make sure everything runs smoothly.
Agile implementation for quick results
Rich API connectivity included
All the Mbanq Sky editions provide numerous APIs for connectivity,
Multi-Channel-Access as well as Financial & Analytical Functionality
Mbanq Sky features
Customizable widgets boost System users efficiency
Every Operator can customize Sky widgets on the Desktop so she/he has fast access to the operations of the day and to information important for the specific work. By setting them constantly visible on the screen Operator can increase productivity and have a better overview on realization of plans.