Digital transformation in banking
The banking industry is experiencing seismic change, as the advance of cloud technology, rapidly changing customer expectations and increased competition apply pressure on traditional banking models.
Meanwhile, more and more customers are moving their financial transactions online. This generational shift in banking has impacts across all channels and services: physical branch, online, mobile, retail, and commercial banking services are all under pressure to deliver and innovate in an increasingly competitive environment. A fundamental change in consumer behaviour is setting new expectations of banking products and services. Customers are demanding ease of use, 24x7 availability, real-time data and analytics, exceptional customer support, full visibility of all banking products, and more.
Cloud-native core banking
VSPRY's cloud-native core banking platform empowers your bank to build and run scalable applications in modern, dynamic environments such as a public, private, or hybrid cloud. Containers, service meshes, micro-services, immutable infrastructure, and declarative APIs are at the core of our platform, enabling a loosely coupled system that is resilient, manageable, and observable. Combined with robust automation, your bank can make high-impact changes frequently and predictably with minimal toil.
Secure, immutable infrastructure
Each application instance functions as a virtual machine or container. Scalability is achieved via automation – instances are created on demand and destroyed when no longer needed. If one fails to work, a new instance is automatically provisioned for replacement. Our platform embraces immutable infrastructure and offers automatic scaling, self-healing, and zero downtime.
Build lending, deposits, payments, current accounts, transactions and accounting products in an agile, truly cloud-native way. Configure functionality intuitively, accelerate and simplify integration and maintain new product catalogues without complex customisation.
We provide the foundation. You compose your perfect banking business.
Stored value digital wallets
Tap into the potential of stored value digital wallets. As they are built outside of the existing, expensive and restrictive card payment ecosystems, stored-value digital wallets are a replacement for cash and card-based payment methods. VSPRY’s composable nature, dynamic deposit engine, and comprehensive toolkit give you the power to build your own stored value digital wallet offering with ease. Create, launch, upgrade and enhance unique products while keeping development costs low.
Atomic, centralised multi-ledger
Consolidate multiple ledger systems and manage the customer account ledger system along with your general ledger. VSPRY’s infinitely scalable cloud platform allows you to manage the growth of transactions and accounts in an atomic, efficient and scalable way.