Our composable approach (2024)

Composable banking

Forget one-size-fits-all, vendor lock-in, monolithic systems and limited modularisation. Mambu gives you the composable technology foundation to power modern financial experiences aligned to business goals and customer needs.

Our approach to design and delivery is based on the flexible assembly of independent systems, so you can innovate and evolve financial services quickly and cost-effectively.

Get in touch

The world is changing fast, your core needs to keep up

New entrants are reinventing financial services from the ground up. Quick and effortless experiences are replacing clunky, manual ones. Customers raised on Amazon and Netflix are looking at their banks with new eyes.

For the vast majority of financial institutions, this rapidly accelerating change is an existential threat.

But for some, change is a major opportunity and a serious competitive advantage. These organisations — startups, spinoffs and incumbents alike — are taking a completely fresh approach to their core banking infrastructure challenges. It’s called composable banking.

OUR APPROACH

What is composable banking?

Composable is an approach to the design and delivery
of financial services based on the rapid and flexible
assembly of independent, best-for-purpose systems.

Rapid

Apply agile principles to build, test and release new capabilities in days or weeks.

Flexible

Pick and choose to combine systems in unique ways to create a competitive advantage.

Assembly

Select off-the-shelf cloud solutions, as well as custom-built, value-generating IP to differentiate in the market.

Independent

Avoid massive monoliths or excessive dependencies on single companies as potential bottlenecks.

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Fit-for-purpose

Build for the need of the stakeholder and the problem set, be it customer-facing or an internal process.

OUR APPROACH

The cloud banking platform that makes composable work

Configurable deposits and lending products, partnerships with best-of-breed technology providers, your choice of major cloud providers and a clear and transparent SaaS delivery and pricing model, we’ve got you covered.

Explore our platform

BENEFITS

Principles of composability

Ecosystem

No single vendor can innovate on every front. Our ecosystem of best-of-breed providers covers system integrators, consultants and technology partners to support our customers' innovation.

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Cloud-first

Cloud-native composable components that are always-on, always accessible, and can scale infinitely and securely.

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Continuous delivery

With a cloud-native SaaS platform that automatically delivers the latest innovation to all of its customers, you’re always ready for what’s next.

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Platform

Choose a core banking platform that is built for change, so you can focus on delivering the exceptional experiences your customers expect.

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Open APIs

High-quality, well-documented APIs enable seamless integration and interoperability between different systems, services and third-party providers.

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Infinite iteration

Go beyond IT complexity. Empower business users to build and iterate fast and add ecosystem providers to answer business demands when needed.

BENEFITS

What you can expect

Slide 6 of 6

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Agility & flexibility

(Re)combine solutions to quickly adapt to evolving markets and customer needs.

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Speed-to-market

Get new products or whole new banks to market in weeks or months, not years.

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Lower cost of ownership

Fewer resources, low maintenance cost and automatic continuous upgrades.

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Future-proof technology

Bid farewell to the era of massive transformations every decade or two.

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Low vendor dependency

More freedom, no vendor lock-in to a single banking suite vendor.

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Hyper-personalised

Opportunity to differentiate when and where it matters.

Our composable approach (14)

Agility & flexibility

(Re)combine solutions to quickly adapt to evolving markets and customer needs.

Our composable approach (15)

Speed-to-market

Get new products or whole new banks to market in weeks or months, not years.

Our composable approach (16)

Lower cost of ownership

Fewer resources, low maintenance cost and automatic continuous upgrades.

Our composable approach (17)

Future-proof technology

Bid farewell to the era of massive transformations every decade or two.

Our composable approach (18)

Low vendor dependency

More freedom, no vendor lock-in to a single banking suite vendor.

Our composable approach (19)

Hyper-personalised

Opportunity to differentiate when and where it matters.

Our composable approach (20)

Agility & flexibility

(Re)combine solutions to quickly adapt to evolving markets and customer needs.

Our composable approach (21)

Speed-to-market

Get new products or whole new banks to market in weeks or months, not years.

Our composable approach (22)

Lower cost of ownership

Fewer resources, low maintenance cost and automatic continuous upgrades.

Our composable approach (23)

Future-proof technology

Bid farewell to the era of massive transformations every decade or two.

Our composable approach (24)

Low vendor dependency

More freedom, no vendor lock-in to a single banking suite vendor.

Our composable approach (25)

Hyper-personalised

Opportunity to differentiate when and where it matters.

Recommended reading

Take a deeper dive

BankingReport - Feb 5, 2021Our guide to composability, its benefits, core principles and real life examples. Learn how to combine, replace and add-on to create what you need for your business now and in the future.
BankingArticle - Jun 12, 2023Now more than ever traditional banks should be embracing change and adopting a more composable approach to banking. The current state of banking and financial services shows that major players, often following a “one-size-fits-all” model, are struggling to keep up with the latest needs of consumers, specifically when it comes to speed and accessibility.
BankingArticle - Mar 21, 2023João Caldeira, Deloitte Global Digital Banking solutions leader, discusses the myths around composable banking. The first myth: it is easier and more effective to have a single vendor than a composable approach to the design and delivery of financial services.
Our composable approach (29)

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Let’s accelerate your journey together

Contact us

Our composable approach (2024)

FAQs

What is a composable approach? ›

Composable is an approach to the design and delivery. of financial services based on the rapid and flexible. assembly of independent, best-for-purpose systems.

What are the 4 principles of composable business? ›

The 4 principles of composable business are modularity, autonomy, discoverability, and reusability.

What do you mean by composable? ›

: capable of being composed. … music expressive of a feeling is clearly composable by one who is not experiencing that feeling and has perhaps never experienced it …

Should we pass ViewModel to composable? ›

Note: Due to their lifecycle and scoping, you should access and call ViewModel instances at screen-level composables—that is, close to a root composable called from an activity, fragment, or destination of a Navigation graph. You should never pass down ViewModel instances to other composables.

What is composable thinking? ›

Composable thinking is a critical component of composable enterprise, which involves breaking down complex systems into smaller, reusable components. This approach allows organizations to quickly adapt to changing market conditions and customer needs, and to create new products and services more efficiently.

What are composable solutions? ›

Typically, with composable solutions, businesses use the power of cloud capabilities to eliminate the need for infrastructure or hardware. Cloud computing is essential because it offers on-demand and flexible access to cloud-based computing resources.

How does composable work? ›

Composable functions can accept parameters, which allow the app logic to describe the UI. In this case, our widget accepts a String so it can greet the user by name. The function displays text in the UI. It does so by calling the Text() composable function, which actually creates the text UI element.

What is an example of composability? ›

For example, in cloud computing, the concept of "composable infrastructure" allows the creation of virtualized resources (such as computing power, storage, and network) on demand, enabling efficient resource utilization and scalability.

What is a synonym for composable? ›

Synonyms for Composable
  • adaptable.
  • flexible.
  • modular.
  • versatile.
  • composability.
  • assemblable. adj.
  • farraginous.
  • plug-and-play.

What is the ViewModel in a composable? ›

ViewModel is part of the Android Architecture Components that helps manage UI-related data in a lifecycle-conscious way. It survives configuration changes and is ideal for holding and managing UI-related data over a longer lifecycle than traditional Android components like activities or fragments.

Why do we need a ViewModel? ›

The purpose of the ViewModel is to acquire and keep the information that is necessary for an Activity or a Fragment. The Activity or the Fragment should be able to observe changes in the ViewModel. ViewModels usually expose this information via LiveData or Android Data Binding.

Should every view have a ViewModel? ›

It is not necessary for any view to have a view model to function. However, Google recommends the pattern because it leads to good design. If you want to say that your app is MVVM, then you need to keep the view separated from the data that drives it.

What is the theory of composability? ›

Composability refers to the ability for different components or elements to be combined or connected in various ways to create larger, more complex systems or structures. It's a concept often used in the context of software development, computer systems, and engineering, but it applies to other fields as well.

Which three key characteristics form the idea of composability? ›

Modularity, autonomy, and interoperability are the three key building blocks of a composable enterprise: Modularity is when data is organized into small, discrete units that can be used to create new data sets quickly and easily.

What does composable business mean? ›

Gartner coined the term composable business. They defined how moving from traditional to modular architecture makes your business agile and responsive. A composable approach helps you adapt to changing market demands and combine different applications and services.

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