A shared banking plattform creates room for change

As regulation, new infrastructure, squeezed margins and shifting customer needs rapidly redraw the banking landscape, the ability to adapt becomes ever more important.

"A flexible technology platform helps banks meet change and deliver on their strategies, however these evolve," says Niclas Södergård, CEO of Crosskey.

DORA, NIS2, PSD3 and tighter AML and KYC requirements are among the changes banks need to address. At the same time, new infrastructure such as a possible digital euro is emerging, and new competitors are challenging banks with new products, services and processes. Consumer expectations are also changing. Together, these shifts raise the importance of a technology platform that can evolve at the pace of the market.

"Nobody knows which needs, regulations or market shifts lie ahead, and every bank has its own goals and priorities. We can offer banks a flexible technology foundation that evolves with their business and gives them more room to seize new opportunities. Legacy infrastructure shouldn't dictate what a bank can do or what it costs," says Niclas Södergård, CEO of the banking IT company Crosskey.

Built for development

Crosskey's modular SaaS platform offers a cohesive end-to-end solution, from core banking, payments, cards and lending to wealth management, Swift and open banking. The services share a common technical foundation, where a scalable architecture and open APIs make it possible to develop the business step by step, without every initiative requiring major changes across the whole environment.

The company has its roots in banking and is owned by Ålandsbanken. Its expertise goes well beyond IT. It covers how regulation, risk, processes and business goals fit together.

"Our understanding of the conditions and challenges of banking means we can contribute more than systems and maintenance. As a long-term partner, we take responsibility for the entire delivery and combine our solutions with deep banking expertise," says Niclas Södergård

From technology to customer value

By bringing solutions and expertise together with one long-term partner, a bank can reduce complexity and free up resources for what creates customer value and strengthens competitiveness. Crosskey's technical foundation and banking expertise also make it possible to use AI where it solves concrete problems, improves efficiency or supports new offerings.

"Technology serves a purpose beyond itself. Our ambition is to give banks the space to focus on what makes a real difference to their business and their customers, both today and as conditions change," he concludes.

Facts

The banking market is constantly changing. Crosskey's modular SaaS platforms for core banking, payments, cards, wealth management, Swift and open banking give financial institutions greater flexibility, less complexity and more room for business development and long-term competitiveness.

Want to see how a flexible platform can support your bank's strategy? Get in touch with Crosskey to start the conversation.

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