Time to

compose.
A guide to composability,
LWVEHQHŻWVFRUHSULQFLSOHV
DQGUHDOOLIHH[DPSOHV
People want better ways
to manage their money.
&XVWRPHUVDUHORRNLQJIRUFKRLFHDQGFRQYHQLHQFH
DQGDOOWKLVPHDQVchange
7RFRQQHFWZLWKFXVWRPHUVEDQNVKDYHWRPDNH

54%
ILQDQFLDOFKDQJHKDSSHQ

54% of consumers
WUXVWDELJWHFKFRPSDQ\
ZLWKWKHLUPRQH\PRUH
WKDQDEDQN
Bain & Company
New offers, challengers and new standards The threat
are giving people more financial options than is real
ever before. They are switching banks, using
finance apps, trying alternative lenders and Finance app
much more. downloads spiked
by 15%GXULQJWKH
%DQNLQJKDVFKDQJHGDORWRYHUWKHODVWGHFDGH SDQGHPLFZLWKPRELOH
%XWWKHQH[WGHFDGHZLOOPDNHWKDWSDFHVHHPJODFLDO ŻQWHFKDSSOLFDWLRQV
7KHSUREOHPLVLWLVQŖWFOHDUZKLFKFRPSDQLHVZLOOZLQZKLFK RXWSHUIRUPLQJEDQNV
FXVWRPHUVZLOOPRYHRUZKLFKSURGXFWVZLOOZLQWKHPRYHU E\DIDFWRURIXS
1RRQHNQRZVZKDWFRPHVQH[W WR[
7RVXFFHHGLQDPDUNHWWKDWNHHSVFKDQJLQJ\RXQHHGWREHDEOH /LIWRII $SS$QQLH7KH0RELOH
WRFUHDWHQHZH[FHOOHQWILQDQFLDOSURGXFWVDQGVHUYLFHVIDVWHU )LQDQFH$SSV5HSRUW
In a market as dynamic and unpredictable
as banking, agility moves from ‘nice-to-have’
to a survival issue. The only safe way to address
it is to adapt the composable approach.
0DPEXZDVERUQLQWKHFORXG$3,GULYHQDQGGHOLYHUHGDVDVHUYLFH
6R\RXFDQEXLOGYLUWXDOO\DQ\W\SHRIILQDQFLDOVHUYLFHDQGSURGXFW
7KHRQO\OLPLWLV\RXULPDJLQDWLRQ
7KLVJXLGHZLOOLQWURGXFH\RXWRWKHFRQFHSWRIFRPSRVDELOLW\VKRZLQJ
\RXZKDWLWLVZK\LWPDWWHUVDQGZKDWLWORRNVOLNHLQDFWLRQ/HWŖVGLYHLQ
 “rapid” “flexible” “assembly”
$SSO\LQJDJLOHSULQFLSOHVWREXLOG 3LFNDQGFKRRVHWRFRPELQHV\VWHPV &KRRVHRIIWKHVKHOIFORXGVROXWLRQV
WHVWDQGUHOHDVHQHZFDSDELOLWLHV LQXQLTXHZD\VFUHDWLQJFRPSHWLWLYH DVZHOODVFXVWRPEXLOWYDOXHJHQHUDWLQJ,3
LQGD\VRUZHHNV DGYDQWDJH WRGLIIHUHQWLDWHLQWKHPDUNHW

Composable is an approach to the design

DQGGHOLYHU\RIŻQDQFLDOVHUYLFHVEDVHGRQWKHUDSLG
DQGżH[LEOHDVVHPEO\RILQGHSHQGHQW
best-for-purpose systems.

“independent” “best-for-purpose”
$YRLGLQJPDVVLYHPRQROLWKVRUH[FHVVLYH %DVHGRQWKHQHHGRIWKHVWDNHKROGHU
dependencies on single companies DQGWKHSUREOHPVHWEHLWFXVWRPHUIDFLQJ
DVSRWHQWLDOERWWOHQHFNV RUDQLQWHUQDOSURFHVV
 “modern customer experiences”
3LFNDQGFKRRVHWRFRPELQHV\VWHPVLQXQLTXH
ZD\VFUHDWLQJFRPSHWLWLYHDGYDQWDJH

Mambu helpsEDQNVOHQGHUVŻQWHFKVDQGRWKHUV
FUHDWHPRGHUQGLJLWDOFXVWRPHUH[SHULHQFHVLQRUGHUWR
grow, scale and differentiate – and helps them keep
evolving to embrace change.

“differentiate”
7KHLQGXVWU\LVPRUHFRPSHWLWLYHWKDQHYHU
ZLWKWKHUDSLGLQIXVLRQRIWHFKGULYHQEXVLQHVV
PRGHOVZLWKORZHURSHUDWLQJFRVWVDQG
GLJLWDORQO\FXVWRPHUUHODWLRQVKLSV
“evolve”
&RQWLQXRXVO\FKDQJHE\DGGLQJUHPRYLQJ
RUUHGHVLJQLQJZKLFKV\VWHPVDUHXVHG
DQGKRZWKH\ŖUHDVVHPEOHG
Build for the change journey
/RQJWHUPEHQHILWVRIFRPSRVDELOLW\
Agility & flexibility
• 2YHURIFXVWRPHUVJROLYHZLWKLQPRQWKV
• $WUXO\FORXGQDWLYHDQGDJQRVWLFSODWIRUP
• &RQILJXUHLQDQ$3,HQDEOHGORZFRGHZD\
Speed to market
• 8SWRIDVWHUGHOLYHU\RIIXQFWLRQDOLWLHV
• *HWQHZSURGXFWVRUZKROHQHZEDQNVWRPDUNHWLQZHHNV
DQGPRQWKVQRW\HDUV
• )DVWWUDFNWKHGHVLJQDQGEXLOWRI\RXUSURGXFWVDQGVHUYLFHV
Lower TCO
• UHGXFWLRQLQRSHUDWLQJFRVW
• )HZHUUHVRXUFHVQHHGHGWRJROLYH
• 0DLQWHQDQFHFRVWVDUHORZHUDQGXSGDWHVDUHDXWRPDWLF
Innovation
• $EODQNVKHHWRISDSHUWRGHVLJQWUXO\FXVWRPHUFHQWULFVHUYLFHV
• )RFXVRQWKHIURQWHQGH[SHULHQFHQRWWKHEDFNHQGVWDFN
• ([SORUHWKHHFRV\VWHPDQGGHOLYHUIXWXUHWUHQGV
Great customer relationships
• &KRRVHRUEXLOGWKHEHVWFXVWRPHURQERDUGLQJ
DQGGLJLWDOFKDQQHODSSV
• 2SWLPLVHIRU8;VLPSOLFLW\DQGVSHHG
• )RFXVWKHUHVRXUFHVRQ\RXUFXVWRPHUVŖQHHGV
Scalability
• Scale up and down in seconds
• 6FDOHKRUL]RQWDOO\DQGYHUWLFDOO\
• ([SDQGLQWHUQDWLRQDOO\
10 principles of composability
Ecosystems beat
01
02
pre-integrated suites
1RVLQJOHYHQGRUFDQ
LQQRYDWHRQHYHU\IURQW
DVHIIHFWLYHO\DVDKHDOWK\
HFRV\VWHPRIYHQGRUVHDFK
ZLWKLWVRZQIRFXV
Continuous delivery
06
07
beats big upgrades
,QVWHDGRIPDLQWDLQLQJDFRUH
V\VWHPFKRRVHRQHEXLOWIRU
FKDQJHVR\RXFDQIRFXV
RQQHZEHWWHUVHUYLFHVDQG
FXVWRPHUH[SHULHQFHV
7KLQNFORXGŻUVW
03
&RPSRVDEOHFRPSRQHQWVDUH
FORXGEDVHGZKHUHWKH\ŖUH
DOZD\VRQDFFHVVLEOHDQGFDQ
VFDOHLQŻQLWHO\DQGVHFXUHO\
The commercials
08
DUHDVżH[LEOHDVWKH
software
&RQQHFWLQJSULFHWRDVLQJOH
PHWULFOLNHXVDJHUHPRYHVWKH
QHHGIRUDQHZOLFHQVHMXVWWR
LQYRNHRUVFDOHDFRPSRQHQW
API
(YHU\WKLQJLVH[SRVHG
04
via open APIs
+LJKTXDOLW\ZHOOGRFXPHQWHG
$3,VDUHWKHHVVHQWLDO
FRQQHFWRUVRIDFRPSRVDEOH
DUFKLWHFWXUH
Building new
09
connectors is simple
,QWHJUDWLQJDQHZVHUYLFHZLWK
DQH[LVWLQJSODWIRUPVKRXOG
EHVWUDLJKWIRUZDUGDQG
LQGHSHQGHQWIURPDQ\YHQGRU
A self-service
05
GHYHORSHUH[SHULHQFH
is essential
'HYHORSHUVVKRXOGEHDEOH
WRZRUNZLWKRSHQSXEOLF
$3,VDQGFRPSRQHQWVPXVW
EHHDV\WRWULDODQGWHVW
Every component
10
is self-contained
(DFKPRGXOHWDNHVFDUHRI
RQHVSHFLŻFEXVLQHVVSURFHVV
HQGWRHQGDQGLVGHVLJQHG
WREHLQWHJUDWHG
Scaling happens
elastically &
horizontally
6FDOLQJIURPRQHWRWHQPLOOLRQ
FXVWRPHUVVKRXOGPHDQ
DGGLQJVHUYHUVQRWORDGV
6FDOLQJEDFNGRZQVKRXOGEH
MXVWDVHDV\
Start with a
composable platform
,QVWHDGRIPDLQWDLQLQJDFRUH
V\VWHPFKRRVHRQHEXLOW
IRUFKDQJHVR\RXFDQIRFXV
RQQHZEHWWHUVHUYLFHVDQG
FXVWRPHUH[SHULHQFHV
Enter Mambu
$6DD6FORXGQDWLYH$3,GULYHQ
EDQNLQJDQGILQDQFLDOVHUYLFHVSODWIRUP

The SaaS financial engine

connect to
internal & external
7KHKHDUWRIWKH0DPEXSODWIRUPLVDQHQJLQHWKDW applications
creates business
VXSSRUWVOHQGLQJGHSRVLWVFXUUHQWDFFRXQWVWUDQVDFWLRQV
DQGDFFRXQWLQJLQDFWXDOO\DJLOHWUXO\FORXGQDWLYHZD\ logic & processes
%XWUDWKHUWKDQUHTXLULQJFRPSOH[H[SHQVLYHFXVWRPLVDWLRQV
DOO\RXQHHGWRGRLVFRQŻJXUHWKHHQJLQHWRFUHDWHQHZ
SURGXFWVDQGVHUYLFHV

The Mambu Process Orchestrator

$VLQJOHSDQHRIJODVVIURPZKHUH\RXFDQUDSLGO\FUHDWHFXVWRP
EXVLQHVVORJLFPDQDJH\RXULQWHJUDWLRQVDQGGHVLJQZKROHQHZ
SURFHVVHVLQDORZFRGHYLVXDOGHVLJQHU7KH032JLYHV\RX
DSRLQWRIFRQWUROIURPZKLFKWRPDQDJHDVROXWLRQODQGVFDSH
WKDWZLOODOZD\VEHHYROYLQJDQGH[SDQGLQJ

The Ecosystem & pre-built connectors

(YHU\PLQXWHVSHQWDZD\IURPEXLOGLQJQHZH[SHULHQFHVSURGXFWV
DQGVHUYLFHVLVDPLQXWHZDVWHG&KRRVHIURPDKRVWRIEHVW
RIVHUYLFHSDUWQHUVDQGGHOLYHUDQGH[SDQG\RXUSURGXFWVDQG
VHUYLFHV0DPEXŖVSUHEXLOWFRQQHFWRUVJLYH\RXFRPSUHKHQVLYH
FRQWURORYHU\RXUGDWDDQGVROXWLRQVœZLWKRXWWKHQHHGIRUGD\V
DQGZHHNVPDQXDOO\LQWHJUDWLQJWKHP$QGZHŖUHUDSLGO\DGGLQJ
QHZRQHV
 Composability in action

New10 Bringing a fully digital approach to life meant

an entrepreneurial approach and a fully
cloud-native environment. As lean and agile
$VSHHGERDWE\$%1$052 as the business itself.
&RIRXQGHU &721HZ

New10 is a small business 7RODXQFKTXLFNO\1HZWRRN

DQHQWLUHO\FORXGQDWLYHDSSURDFK
$OOFRPSRQHQWVZHUHHDVLO\
LQWHJUDWHGLQWRDFRPSOHWHVHUYLFH
The result
lending start-up by ABN AMRO,
FKRRVLQJ0DPEXDVWKHFRPSRVDEOH YLD$3,VKRVWHGLQWKHFORXGRQ
offering a strikingly modern :LWKLQWKHILUVWVL[PRQWKV
mobile user experience
including a 15-minute credit
decision and fast on boarding
– all online.
EDQNLQJSODWIRUPDQGGHSOR\LQJ
RQ$PD]RQ:HE6HUYLFHV
7KHFRPSRVDEOHDUFKLWHFWXUH
OHWWKHPFKRRVHWKHEHVWPRVW
LQQRYDWLYHWHFKQRORJLHVDYDLODEOH
including:
• )URQWHQGRULJLQDWLRQ
• &XVWRPHUSRUWDO
•.QRZ<RXU&XVWRPHUSURILOHV
• &UHGLWVFRULQJDQGGHFLVLRQLQJ
• $QWL0RQH\/DXQGHULQJ
$:6DQGEXLOWLQFRPSOHWHLVRODWLRQ
IURPWKHSDUHQWFRPSDQ\V\VWHPV
7KH\ODXQFKHGLQUHFRUGWLPHZLWK
DPLQLPXPYLDEOHSURGXFWLQ
PRQWKVDQGWKHIXOOODXQFKLQ
RIODXQFK1HZVLJQHGRQ
PRUHWKDQ2000 accounts,
UHVXOWLQJLQPRUHWKDQ100
new loans0RUHWKDQ65%
of customersDUHQHZWR
$%1$052$QGWKH\ŖUH
KDSS\ZLWKD1HW3URPRWHU
6FRUHRI60+

ZestMoney
,QGLDŖVELJJHVW IDVWHVWJURZLQJ
FRQVXPHUOHQGHU
Focused on bringing
affordability to the masses,
ZestMoney built a future-
ready AI-enhanced consumer
lending platform that instantly
approves and disburses
small-ticket loans without
human interference.
Composability in action
Mambu was one of the most glitch-free
implementations of any kind of software
we’ve ever experienced.
&(2=HVW0RQH\
$LPLQJWREHIDVWHVWDWSURGXFW The result
LWHUDWLRQ=HVW0RQH\ZDV
ORRNLQJIRU
,QMXVWXQGHUPRQWKV=HVW0RQH\LPSOHPHQWHG0DPEXDVLWVPDLQ
• +LJKOHYHORILQIUDVWUXFWXUH ORDQRULJLQDWLRQDQGORDQPDQDJHPHQWV\VWHP2YHUWKHSDVW\HDUV
UHVSRQVLYHQHVV =HVW0RQH\GHVLJQHGDQGODXQFKHGQHZSURGXFWVRIWHQLQDPDWWHU
RIMXVWDIHZGD\V89% of all ZestMoney disbursalsDUHPDGHZLWKRXW
• +LJKIOH[LELOLW\ DQ\KXPDQLQWHUIHUHQFHDQGLQUHFRUGWLPH7RGD\WKHOHQGHUŖVVWDII
RI350 servicesPRUHWKDQ7 million clientsWKDWFDQFKRVHIURP
• Reliability
over 3000+ different merchants
• 5DSLGVSHHGWRPDUNHW

N26 takes off
7KHULVHRIDGLJLWDOEDQNLQJSLRQHHU
Speed to market was
critical to N26. Headquartered
in Berlin, it’s the first pan-
European mobile only retail
$UPHGZLWKD*HUPDQEDQNLQJ
OLFHQVH1WRRNWKHFRQVFLRXV
GHFLVLRQWREXLOGLQWKHFORXG
1FKRVH0DPEXDQGEXLOWD
Composability in action
Mambu allowed us to cut our core processing
FRVWVŻYHIROG
&(21
,QPLG1KDG
FXVWRPHUVDQGLWKDVJURZQ
The result
WKLVFXVWRPHUEDVHWRPRUH
7RGD\1KDVPRUHWKDQ
WKDQPLOOLRQLQ7KHQHZ 7 million customers in 25
FRPSRVDEOHDUFKLWHFWXUHDOVR
bank, offering a free basic
current account and debit
MasterCard plus overdraft
facilities, investment products,
a savings account and
premium current accounts.
countries DQGJURZLQJ
SURGXFWLRQ093LQXQGHUPRQWKV HQDEOHGVLJQLILFDQWJHRJUDSKLF and is valued at $3.5 billion.
7KHODXQFKZDVTXLFNFRVWHIIHFWLYH H[SDQVLRQ1LVFXUUHQWO\DFWLYH
DQGLQVWUXPHQWDOLQKHOSLQJ1 DFURVVFRXQWULHV
DFKLHYHLWVVWUDWHJLFJRDOV

ank
%DQFR,WDºŖVUHFRUGEUHDNLQJ
speedboat
ank provides solutions for
banked people who want to
manage their finances in a
simple, intuitive and secure
way. ank is Argetina’s first
open app that allows its
users to send money from
any bank to any bank account
or virtual wallet.
DQNQHHGHGDFORXGQDWLYH
SDUWQHUWKDWZRXOGEHTXLFN
DQGHDV\WRFRQILJXUHDOORZ
LQWHJUDWLRQWKURXJK$3,VNHHS
WKHLUPDLQWHQDQFHFRVWVORZ
DQNFKRVH0DPEXEHFDXVHRID
JUHDWWHFKQLFDOILW$VDQH[WUHPHO\
WHFKVDYY\WHDPDQNUHTXLUHGYHU\
OLWWOHDVVLVWDQFHZLWKLQWHJUDWLRQV
DQG$3,V
Composability in action
The alliance with Mambu allowed us to maintain
the agility we want in ank, permitting
us to start from a proof of concept and reach
WKHŻQDOSURGXFWLQMXVWPRQWKVZLWKTXDOLW\
robustness and safety.
&72DQN
0DPEXŖVKLJKO\IOH[LEOHFRPSRVDEOH The result
SODWIRUPLVHDV\WRFRQILJXUHDQG
VXSSRUWVDOORIDQNŖVUHTXLUHPHQWV
DQNUHOHDVHGDQ093
VRPHRIZKLFKDUH MXVWDIWHUDUHFRUGGD\V
• 33WUDQVIHUV DQGWKHILQDOSURGXFWLQ
PRQWKV$IWHUODXQFKLQJ
• &RQILJXUDWLRQDVDFRGH DGLJLWDOZDOOHWDQNZLOOEH
• 6SHFLILFWKLUGSDUW\LQWHJUDWLRQV expanding their product
offeringIXUWKHUE\LQFOXGLQJ
GHELWFDUGVDQGORDQV

Grameen America
:RUOGŖVŻUVWPLFURŻQDQFLQJ
institution
Grameen America began
as a nonprofit in 2008 to
provide small loans, credit-
and asset-building, and
financial education programs
to women who live below
the poverty line to help them
build small businesses,
empowering them to provide
better lives for themselves
and their families.
Composability in action
Mambu is the cornerstone of the innovative
transformation and expansion of our operations
across the United States.
&(2*UDPHHQ$PHULFD
8QWLO*UDPHHQ$PHULFD The result
UHOLHGRQDFXVWRPEXLOWOHJDF\
VRIWZDUH$OWKRXJKLWVXSSRUWHGWKH
• /RDQWUDQVDFWLRQWLPH reduced by 50%
PLFURILQDQFHLQVWLWXWLRQŖVXQLTXH
OHQGLQJPRGHOLWZDVQRWVFDODEOH • &DVHORDGEHQFKPDUNgrew by 25%
• 7KHRUJDQLVDWLRQKDVEHFRPHmore than 60%
*UDPHHQ$PHULFDŖVWHFKWHDP
ILQDQFLDOO\VXVWDLQDEOH
UHFRPPHQGHGPLJUDWLQJIURPWKH
OHJDF\VHUYHUEDVHGV\VWHPWRDFORXG • 100% digital disbursementsDQGUHSD\PHQWV
QDWLYHV\VWHPWKDWLVHDVLO\DFFHVVLEOH
IURPDPRELOHGHYLFHDQGWKDWFRXOG • ,PSURYHPHQWVLQORDQSURFHVVLQJRYHUDOOERUURZHU
HQVXUHOHVVRUQRGRZQWLPH H[SHULHQFHILHOGRSHUDWLRQV
• (QKDQFHGLQWHUQDODQGH[WHUQDODXGLWLQJFDSDELOLWLHV
*UDPHHQ$PHULFDFKRVH0DPEX
EHFDXVHRIWKHSODWIRUPŖVKLJK
IOH[LELOLW\DQGWKHVFDODELOLW\RIWKH
V\VWHPVDQGWKHULJRXURQWKHWHDP
DQGSURFHVVHV
Make change your biggest advantage
1RRQHFDQSUHGLFWWKHIXWXUHZLWKDQ\GHJUHHRIFRQILGHQFH
%XWIHZGRXEWWKDWWKHSDFHRIFKDQJHZLOORQO\LQFUHDVH
:KHWKHU\RXŖUHDQLQFXPEHQWEDQNULVLQJWRWKHFKDOOHQJHVRIGLVUXSWRUV
RUDQHZFKDOOHQJHUWDNLQJDLPDWDVOLFHRIWKHPDUNHWVL]HDQGVFDOH
ZLOOQRWEH\RXUJUHDWHVWDVVHWVZLWKRXWGRXEWWKHQHZNLOOHUDGYDQWDJH
LVDJLOLW\œWKHDELOLW\WRFKDQJH
:KHUHYHU\RXŖUHJRLQJ\RXŖOOQHHGWRUHVSRQGTXLFNO\WRFKDQJHV
LQPDUNHWVFXVWRPHUVFRPSHWLWRUVUHJXODWLRQVDQGWHFKQRORJLHV
&RPSRVDELOLW\FDQJLYH\RXWKDWFRPSHWLWLYHDGYDQWDJHDQG
KHOS\RXVHFXUH\RXUSODFHLQWKHPDUNHW
It’s all change.
Are you ready?
<RXUFXVWRPHUVZDQWEHWWHUZD\VWRPDQDJHWKHLU
PRQH\DQGEXVLQHVVHVZDQWIDVWHUGHFLVLRQPDNLQJ
&RPSRVDELOLW\HQDEOHV\RXWREXLOGŻQDQFLDOSURGXFWV
:HPDNHŻQDQFLDO
DQGVHUYLFHV\RXUFXVWRPHUVDFWXDOO\QHHG
change happen.
mambu.com

KHOOR#PDPEXFRP