CKV Bank, an independent, Belgian, family-owned bank, active in Belgium and France, will upgrade its in-house banking infrastructure to the Mbanq Sky platform.
Mbanq Sky is delivered by the USA-based FinTech innovator, Mbanq, which operates entire banks on a single instance digital banking solution. In a first-of-its-kind deal, the contracting and delivery processes are conducted remotely, with zero on-site visits.
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Rudi Deruytter, CEO of CKV Bank, says, “At CKV, we have been looking to upgrade our legacy banking system which was developed in-house over the past 25 years. As we continue to grow, we need a platform that can easily scale and adapt to new business opportunities, changing regulations, and offer appropriate returns on investment over the next years.”
Mbanq will deliver the entire engagement as well as further operations entirely remotely. No service interruptions are expected during the implementation phase of Mbanq Sky.
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Emmanuel Lambert, Digital Transformation Officer at CKV, says, “Agility, reliability, and scalability were key factors for CKV in choosing a technology partner. We want IT systems to be an asset for the business, not just a cost center.
“From the very first workshops, I was convinced by Mbanq’s software architecture. It is the cornerstone of Mbanq’s capability to deliver an open, scalable, commercially supported but also sufficiently flexible software solution, which can cater to specific customer and local regulatory needs without jeopardizing maintainability and total cost of ownership.
“The fact that Mbanq combines credit and deposit management features with integrated accounting is a unique but critical proposition for CKV.”
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