Data Action wins core solution deal with Greater Bank
Australian-based core banking solutions provider, Data Action, has announced its strategic partnership with Australia’s customer-owned and mutual bank, Greater Bank.
The fintech will migrate Greater Bank from its legacy systems to DA’s cloud-based core banking platform, which offers a customer-centric approach with open architecture, rich API layers and more than 20 third-party integrations.
Greater Bank, formed in 1945, currently services 260,000 customers in New South Wales and Queensland with more than AUD 7 billion ($4.7 bn) in assets.
The major player hopes its partnership and new core banking solution will prepare it for the open banking era, positioning it to capitalise on emerging opportunities.
“Having already successfully transitioned more than 80 customers from their legacy platforms to the DA core banking solution, we are fully confident that we will be able to deliver a seamless migration for Greater Bank that will position them for the future,” says DA’S CEO, Nicola Burgess.