NTT DATA launches Platea Banking
A new Digital Banking platform that helps banks create innovative proposals for open banking services.
[dropcap]N[/dropcap]TT DATA, a recognized leader in IT consulting and services for the banking and financial services sector, today announced the launch of Platea Banking, a new digital banking platform. Platea Banking helps banks face transformation challenges with their legacy technology and launch new services or innovative business models more quickly.
Banks are slowly adapting to modern banking services, hampered by legacy systems and the lack of resources to create the digital experiences that customers are looking for.
As a long-standing partner of some of the largest retail banks in the world, NTT DATA experienced these challenges first hand with traditional banks and witnessed transformations in the banking structure created by the Open Banking era.
As a result, Platea Banking was created to help banks around the world move away from monolithic models and to allow them to create new operating models through a platform-based approach, which gives banking a more customer-centric focus.
Built with a modern banking architecture native to the cloud, Platea Banking is an open banking platform that comprises a vast integrated ecosystem of partnerships and a set of functional modules that allows banks to design their own digital platforms.
The modules include a complete set of services, from integrating customers to loans, financial planning, and management, issuing and processing cards, in addition to payments, among others.
This cloud-based approach guarantees both elasticity and flexibility, in the sense that banks can use Platea Banking to expand their digital offering at the pace that is most suitable to them, without being conditioned to a specific supplier.