XYB, a provider of coreless banking platforms, has entered into a strategic collaboration with IBM.

The partnership between XYB and IBM is focused on modernising core banking systems.

By combining IBM’s consulting expertise and technological infrastructure with XYB’s innovative platform, the two companies aim to facilitate a new era of banking technology transformation.

XYB operates a componentised core banking platform that allows financial institutions to modernise at their own pace using independently deployable components. This flexible approach helps banks reduce vendor dependency and gain more control over their digital transformation.

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