Banking News

SME bank Judo Capital to use cloud-based system to keep focus on customers

SME bank Judo Capital to use cloud-based system to keep focus on customers

(7 September 2018 – Australia) Judo Capital has decided to launch on Temenos Cloud so it can focus entirely on its SMEs customers rather than managing IT systems.

The SME focused challenger bank has built a fully cloud-based, API-centric, technology ecosystem and has turned to Temenos T24 Core Banking, Channels, Analytics and Financial Crime Mitigation to support its bid for the country’s SME sector.

The Bank, which is seeking to take on the Big Four and help satisfy the more than $80 million of unmet SME credit demand is confident that outsourcing their IT system means they can put all their energy into customers.

Judo CIO Alex Twigg says: “Judo’s mission is to bring back the craft of relationship banking, powered by the best of modern technology. With Temenos’ commitment to providing core banking as-a-service, we can continue to focus on empowering our customers, the businesses that are the backbone of the Australian economy.”

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