SunTec Business Solutions announces partnership with Mambu

By Leandra Monteiro

SunTec Business Solutions and Mambu announced a partnership with plans to integrate its complete revenue management solution with Mambu’s cloud banking platform. As part of this partnership, SunTec’s industry leading pricing, billing and benefits management solutions will be available to banks for seamless integration into the core banking platform.

Banks are witnessing an increasing demand for personalized products, offers and benefits from its customers. Personalization must be delivered to customers on a real-time basis and at scale. As time to market is of critical importance, banks need solutions that are ready to deploy and easy to adopt.

This partnership between Mambu and SunTec Business Solutions will help banks access hyper-personalization capabilities out of the box through the pre-integrated core banking and revenue management solution. With this partnership, banks will have the ability to orchestrate truly exceptional customer experiences, by offering personalized pricing and benefits at scale. The integrated solution will further allow banks to significantly shorten their time-to-market for the launch of new products, offers and benefits.

SunTec’s API-first platform Xelerate is now available on the Mambu Marketplace.

Amit Dua, President and Global Head – Client Facing Group of SunTec Business Solutions said, “This powerful integration will empower banks to ensure faster time-to-market, improve responsiveness and reduce operating costs. The integration of the world’s leading specialized relationship-based pricing solution with the leading new-age core banking solution will solve the challenges of personalization in pricing and benefits, helping banks capitalize on enhanced loyalty and share of wallet. We believe that the banks that are already using Mambu as a core banking solution can readily deploy our specialized and proven revenue management solution to transform the way they manage their customers.”

Kevin Trilli, Chief Product Officer of Mambu shared, “We believe that the ability to craft a unique and personalized customer experience, will be a strategic advantage for banks going forward. Today, we are proud to bring best-of-breed, differentiating solutions to our customers. SunTec’s technology, integrated with our core banking platform, can help banks orchestrate complicated business use cases, through personalized pricing, offers and benefits.”

SunTec’s Xelerate platform helps banks future proof their technology investments and address the demands of managing banking ecosystems. Banks can now offer financial and non-financial products and personalize product bundles from across multiple core systems. Xelerate has the capability to manage revenue settlement for complex offerings.

Mambu is the only true SaaS cloud banking platform with more than 200 customers around the world. Their technology design follows the philosophy of composable banking, offering banks greater flexibility, speed and convenience in deployment. The planned integrated solutions can be easily configured with APIs and low-code, no-code technologies, making adoption easier for banks.