Amsterdam, Tuesday 18th July 2023 – Following the profitable acquisition of 5 Levels by Topicus, the mixed pressure will supply turn-key banking tech-stacks that problem expertise suppliers incumbent to the sector.
Topicus and 5 Levels vocalized their ambition on the 5 Levels workplaces throughout a latest networking occasion. The occasion featured Sabyasachi Sengupta of ABN AMRO Financial institution as keynote speaker and Topicus CEO Daan Dijkhuizen elaborating on the strategic course.
The first strategic focus revolves round vertical market options, generally referred to as FinTech stacks, inside this market. These totally built-in, end-to-end options are designed to help particular enterprise domains. The preliminary rollout will deal with Retail Lending, with complete stacks deliberate to cowl your complete banking panorama, catering to personal banks, mortgage banks, mobile-only banks, and business banks.
Whereas Topicus has lengthy been a trusted supplier of banking expertise for established banks, the acquisition of 5 Levels brings vertical options nearer to the core banking capabilities important for mission-critical operations. This integration allows seamless alignment between specialised options and important banking features throughout the group, enhancing effectivity.
Monetary establishments (FSIs) can derive substantial advantages from these options, as they’ve the chance to collaborate with a sole supplier moderately than integrating options from varied distributors. This permits FSIs to streamline their implementation initiatives and operations, leading to enhanced governance and general effectivity.
Furthermore, adopting these stacks permits FSIs to function on the forefront of the trade. Leveraging next-generation cloud-native expertise, they will meet the ever-evolving wants of consumers in a well timed method. This positions FSIs to remain forward of the curve, maintaining with rising developments and sustaining a aggressive edge available in the market.
Each 5 Levels and Topicus carry intensive expertise in delivering mature options utilizing revolutionary expertise in advanced banking environments. Their mixed providing covers all the things from buyer engagement to core banking, in addition to lending and wealth administration, offering a complete suite of options for monetary establishments.
About 5 Levels
5 Levels, based in 2011, is a number one fintech firm that gives trendy and versatile core banking options to monetary establishments worldwide. The corporate’s mission is to empower banks to drive digital transformation and ship revolutionary and personalised banking experiences that meet the wants and expectations of in the present day’s clients. The corporate has over 150 staff who’re working from workplaces in The Netherlands, Iceland and Portugal.
Extra info might be discovered on the web site: https://www.fivedegrees.com/
About Topicus
Topicus is a number one supplier of revolutionary software program platforms for varied industries, together with finance, healthcare and training. The corporate works with clients to develop options that contribute actual worth to their organizations and their clients. With over a thousand staff, the corporate works to make a optimistic influence with IT. Extra info might be discovered on the web site: https://topicus.nl/