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NOVEMBER 2015/ISSUE 25.03


journal GLOBAL INDEPENDENT PERSPECTIVE ON FINANCIAL TECHNOLOGY


New-generation core banking system launched in the US ‘We are the Rebel Alliance fighting the Dark Forces of the “big four” vendors,’ says Nymbus CEO


A new core banking software vendor – Nymbus – has launched its new-generation product aimed at community banks and credit unions in the US. The system is dubbed Smartcore and is


offered on a fully hosted basis. The vendor is keen to take on the well-entrenched, traditional players in the US market, such as FIS, Fiserv, Jack Henry and D+H. ‘We are the Rebel Alliance fighting the Dark


Forces of the “big four” vendors,’ says Nymbus CEO Alexander Lopatine. He feels there is a lot of support for the Nymbus initiative among the financial institutions in the US. ‘We are the good guys and everyone wants to help us.’ The roots of the Nymbus offering stem from


a sister company, Mediaspectrum Inc. This com- pany specialises in the publishing domain and provides content management system (CMS) platforms to media moguls in the US and interna- tionally. USA Today is among its customers. Nymbus co-founders are Lopatine and Scott


Killoh, a co-developer and founder of the Open- pages CMS (Openpages is now owned by IBM).


Killoh is also chairman of Mediaspectrum. Nymbus has its HQ in Miami Beach. It targets


all of the US community banking and credit union space, and already claims around ten takers of the Nymbus core system. The vendor initially pitched its product to


Sibos 2015: Sleek and smooth in Singapore Blockchain gets the most love in showcase of fintech talent


Blockchain was the word on many people’s lips at Sibos 2015 in Singapore. And what a lot of peo- ple there were. Over 8,200 delegates attended a slick and smoothly-organised event at the Sands Expo and Convention Centre at the plush Marina Bay Sands.


...continued on page 30 © Sibos


larger banking entities, but found that their sales cycles and decision-making processes were too long. So it turned to the lower-tier sector and found it to be a happier hunting ground.


...continued on page 22 Miami Beach, home of Nymbus


INSIDE ISLAMIC BANKING TECHNOLOGY


IBS Journal material may not be reproduced in any form without the written permission of the publisher. © 2015 IBS Intelligence, a division of Cedar Management Consulting International, LLC.


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