New entrants
New technology and the shift to online and mobile banking provide an opportunity to disrupt existing competitors and win customers with new methods, approaches and business models. In the coming years, new financial ventures are expected to enter the banking industry, initiated by either existing players in the market or by totally new players.
Starting a new retail or private bank ususally means starting from scratch, involving long running IT projects and high implementation costs.
Five Degrees offers a full banking solution for new retail and private banks. Build within Matrix it includes a futureproof front-office solution and an effective back-end system. The software supportsthe services, products and processes needed to run a bank. The new operation can be deployed faster and at lower cost.
