Ailleron, a software house specializing in financial technology services, and MongoDB have announced a technology partnership to offer next-generation data platforms and services to financial institutions.
Financial companies today face a rapidly growing volume and variety of data. Additionally, financial service decision-makers need support to meet the challenges of high costs, the complexity of implementing and managing traditional databases, and the growing competitive landscape. As these pressures continue to evolve, organizations need a data platform that can adapt to meet the most demanding requirements, while also being intuitive, scalable, and secure.
“Despite a reputation of being conservative and slow to adopt new technology, financial institutions are now in an era of change, with customer demands and new competitors pushing them forward. To meet these new challenges, organizations need a robust, flexible, and reliable data platform that both protects sensitive data and enables quick innovation”, said Joerg Schmuecker, Director of Industry Solutions, MongoDB. “Combining MongoDB’s developer data platform with Ailleron’s expertise will make this a reality for financial institutions”.
Financial organizations are increasingly aware of the risks associated with outdated technologies and the need for innovative solutions to help them protect and maximize the potential of their data.
“Legacy infrastructure that does not meet the requirements of modern applications and cannot support existing and new workloads simply ceases to be a viable solution. Therefore, our customers are interested in investing in real-time analytics, key resource storage, and ACID (atomicity, consistency, isolation, and durability) transactions.” – said Michal Walerowski, Business Unit Director AI/ML & Data Solutions at Ailleron. “Furthermore, our specialized machine learning models and data services complement the abilities of the clients’ existing systems”.
The joint competencies of Ailleron and MongoDB will enable financial institutions to leverage the potential of next-generation data platforms and derive maximum value from data while maintaining the highest security and fraud protection standards.
Ailleron SA is a dynamic capital group based in Krakow, Poland, trading on the Warsaw Stock Exchange. Ailleron provides technology services for fintechs, banks, leasing companies, and other financial industry players, mainly in Europe and Southeast Asia. Its mission is to make financial experiences easy and enjoyable for everyone, by developing innovative IT solutions based on cloud technology, data science and artificial intelligence. Ailleron’s clients include Citibank, ING, Santander, BNP Paribas, Standard Chartered and Credit Agricole. With a global reach spanning over 40 countries, it serves more than 200 clients and employs a robust team of over 1,500 specialists.
MongoDB is the developer data platform company empowering innovators to create, transform, and disrupt industries by unleashing the power of software and data. Headquartered in New York, MongoDB has over 40,800 customers in over 100 countries. The MongoDB database platform has been downloaded over 365 million times, and there have been more than 1.8 million registrations for MongoDB University courses.