LEVERIS has selected Amazon Web Services (AWS) as its preferred cloud computing provider, as it continues to reimagine the future of banking.
The LEVERIS platform is software-defined and operates in the cloud. It is completely independent of legacy core banking technology, is now live and has already enabled major financial services firm, Link Group, to enter the Dutch mortgage servicing market.
Conor Fennelly, LEVERIS founder and CEO, said:
“We aim to make it seamless, secure and reliable for clients to use our platform in whatever way they choose to provide financial services. LEVERIS’ collaboration with AWS plays an important role in this.
“It will help clients to deliver innovative and secure banking and lending solutions to customers at a reduced cost and faster rate, starting with Link Group in the Netherlands and continuing with LEVERIS Digital Bank, our market-ready, core banking system that comes pre-integrated with the essential banking services that traditional banks, challenger banks and consumer brands need to launch and run a digital bank.”
As a result of using the LEVERIS platform, Link Group’s headcount requirement to operate its Dutch loan servicing solution was reduced by 25%.
LEVERIS uses a range of AWS services including compute, analytics, security, databases and storage. It means banks and other organisations looking to enter financial services can take a flexible, real-time and open architecture approach to banking and lending and take advantage of a wide variety of retail banking products in the cloud such as current accounts, deposit and savings accounts, multi-currency, personal loans, mortgage management and much more.
