Intelligent CIO APAC Issue 25 - Page 9

NEWS

CommBank partners with Mambu to develop Unloan meet the demands and expectations of our customers , and retain our position as Australia ’ s leading bank .”

Mambu is a true SaaS cloud banking platform and has a composable approach that enables the assembly of independent components , systems , and connectors to meet business needs and end-user demands .

Australia ’ s largest bank , Commonwealth

Bank of Australia ( CBA ), has selected Mambu as the technology foundation of its next-gen digital mortgage brand , Unloan .
“ We ’ ve selected Mambu to underpin our new home loan brand , Unloan , and look forward to working closely with Mambu as we continue to digitally transform our suite of
CBA Group brands ,” said Brendan Harrap , Chief Architect at CBA .
“ Partnering with Mambu is an investment in future-proofing CBA . Mambu ’ s SaaS cloud banking platform will enable us to bring in best-in-class solutions from other high-performing FinTechs and vendors , build financial solutions that
This approach aligns perfectly with CBA ’ s goal to understand and anticipate its customers ’ evolving needs , utilizing nextgen technology like data analytics , AI and cloud to deliver personalized , agile and flexible finance solutions to consumers .
Werner Knoblich , Chief Revenue Officer at Mambu , said : “ Working with organizations that want to make banking better for everyone is at the heart of what we do at Mambu , and this new partnership with CBA fits that bill perfectly .”

Quest Software research finds data quality core to governance

Quest Software , a global systems management , data protection and security software provider , in collaboration with the Enterprise Strategy Group ( ESG ), has released the 2022 State of Data Governance and Empowerment Report .

This is an annual report highlighting the top challenges and innovations in data governance , data management and DataOps .
The report found that data quality has overtaken data security as the top driver of data governance initiatives , with 41 % of those surveyed agreeing that their business decision-making relies fundamentally on trustworthy , quality data .
At the same time , however , 45 % of IT leaders say that data quality is the biggest detractor from ROI in data governance efforts . While they recognize its importance , they ’ re struggling to improve the quality of their data , and thus the ability to strategically leverage data in practice .
“ Business users at all technical levels have an edge when they have full visibility into , control over and confidence in their data ,” said Patrick Nichols , CEO of Quest Software .
“ Trustworthy data and efficient data operations have never been more influential in determining the success or failure of business goals . When people lack access to highquality data and the confidence and guidance to use it properly , it ’ s virtually impossible for them to reach their desired outcomes .”
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