Mambu, the SaaS banking engine
powering modern digital financial services, today announced the launch of Mambu
Process Orchestrator (MPO). An Integration Platform as a Service (iPaaS) built
around the core engine, MPO enables clients to rapidly and intuitively compose,
run and monitor API-driven and cloud-based processes.
The
platform is a natural extension of the Mambu core solution and is specifically
designed to support the creation and operation of flexible and innovative
banking architectures. MPO uses a visual development environment to provide bespoke business
logic, integration management and no-code/low-code process design.
"MPO
is the scalable and high performing API-driven alternative to
traditional business process management systems," says Ben Goldin, CTO, Mambu. "By
increasing Mambu's capabilities through MPO, we are giving clients more
control of their business and integration processes. This means a reduction in
time, risk and resource burdens."
"In
a composable architecture, MPO brings the best-of-service technology partners
together to help create a unique overall proposition with the Mambu banking
engine at its core. It decreases the complexity and effort of building and
maintaining the connectivity between them, giving clients the power to build
fully-fledged apps and processes without deploying and maintaining any code,"
he added.
Commenting
on the significance of the launch, Eugene Danilkis, CEO, Mambu said: "MPO helps
financial institutions match their need to deliver modern and market leading
experiences, with their ability to integrate new technologies and services
quickly, simply at lower risk. Faster and more effective integration and
innovation cycles empower our clients to create the compelling customer
experiences which differentiate them."
Mambu
Process Orchestrator is in early preview with select clients, with general
availability in January 2019. MPO is based on patented technology, Corezoid,
built by Middleware Inc. and is used by global institutions to service over 100
billion operations to date.
More
information and demo of MPO is available here.