Fintech News

Liferay to Deliver Enterprise-Grade Digital Experiences to the IBM Cloud for Financial Services

Liferay to Deliver Enterprise-Grade Digital Experiences to the IBM Cloud for Financial Services

Liferay plans to leverage IBM Cloud for Financial Services to deliver a secured, cloud-based Digital Experience Platform for financial institutions

Liferay, Inc., which makes software that helps companies create digital experiences on web, mobile, and connected devices, announced it will join the IBM Cloud for Financial Services ecosystem and intends to onboard its flagship Liferay Digital Experience solution to the platform. The IBM Cloud for Financial Services is designed to help institutions safely migrate their sensitive operations to the cloud and take advantage of cloud-native technologies from IBM’s independent software vendor (ISV) and Software-as-a-Service (SaaS) partners.

Read More: GlobalFintechSeries Interview with Joshua Levin, Co-founder at OpenInvest

Liferay DXP will provide financial institutions with a single powerful platform on which to develop a host of omnichannel experiences for their customers, partners, and employees. Liferay has been recognized as a Leader in the Gartner Magic Quadrant for Digital Experience Platforms* for ten years and received the highest scores for the B2B Experience Use Case and the B2E Experience Use Case in the 2020 Gartner Critical Capabilities for Digital Experience Platforms**.

Read More: Payment Trends in 2021 to Look Out For!

“Today, established commercial and retail banks are facing increased challenges from neobanks and other fintech providers for customer wallet share,” said James Shepard, Vice President of Global Services at Liferay. “Our secure, enterprise-grade digital experience, analytics, and commerce offerings have already helped notable institutions like Desjardins Group, Santander Bank, and Société Générale deliver better experiences for their customers and stave off competition. We are excited to deliver our flexible, integration-ready DXP to even more financial institutions via IBM’s cloud for financial services platform, designed to simplify deployment without sacrificing the reliability or security these organizations require.”

“We are excited to help onboard Liferay DXP to the IBM Cloud for Financial Services,” said Evaristus Mainsah, General Manager, Cloud, Cloud Pak and Edge Ecosystem, IBM. “Collaborating with ecosystem partners like Liferay can help provide financial services customers with innovative tools and solutions designed to help them migrate their critical workloads to the cloud and digitize operations.”

Read More: GlobalFintechSeries Interview with Konstantin Richter, CEO & Founder of Blockdaemon

Related posts

Bosonic expands Commercial Management Team with the appointment of key Business Development and Client Success roles

Fintech News Desk

Fusion Risk Management Expands Offering for Technology and Data Service Providers

Fintech News Desk

LiteLink Signs Definitive Agreement to Acquire Equity Stake in Canada’s Premier Cryptocurrency Exchange, CatalX

Fintech News Desk
1