OneConnect Monetary Expertise, a technology-as-a-service (TaaS) supplier and an affiliate of Ping An Group, introduced the launch of OneCosmo, a one-stop omni platform for all-in-one digital banking options collectively developed with Brazil-based know-how firm Pismo.
The platform leverages know-how equivalent to synthetic intelligence (AI), machine studying (ML), blockchain, and SaaS to supply a extremely scalable and simple to combine resolution for banks and monetary establishments to construct digital banking capabilities.
The options supplied by OneCosmo span a variety of companies, from digital identification verification and core banking to digital funds, and digital lending.
The platform additionally permits for integration throughout completely different third-party service suppliers utilizing its APIs (Software Processing Interfaces) and microservices.
OneConnect mentioned that potential customers will be capable of absolutely onboard themselves onto its platform inside a matter of weeks on account of pre-integrated and pre-configured options which permits customisation.
OneCosmo may even allow monetary establishments to leverage real-time knowledge streaming for higher perception into client behaviour.
The OneCosmo platform is presently obtainable in Southeast Asian international locations together with Thailand, Malaysia, Indonesia, the Philippines, and Singapore, with a view to increase its choices to monetary establishments inside the Center East.
Thus far, Pismo’s know-how integrated in OneCosmo’s resolution is alleged to have been utilised by greater than 50 million clients.
Tan Bin Ru, CEO of Southeast Asia at OneConnect Monetary Expertise mentioned,
“OneCosmo represents the fruits of our labour from our strategic partnership with Pismo. Right here at OneConnect, driving the digitalisation of monetary establishments and banks for a higher stage of monetary inclusion has been our imaginative and prescient, and OneCosmo permits us to additional amplify our imaginative and prescient for extra establishments at a bigger scale.
With the mix of SaaS and TaaS, OneCosmo is an omni-channel platform which allows us to raised service monetary establishments of all sizes.”
Vishal Dalal, CEO of North America, EMEA, and APAC at Pismo mentioned,
“Pismo’s mission is to assist banks and fintechs deploy the next-gen of modern merchandise on the cloud for his or her clients, and we’re excited to increase that mission with this new providing for Asia.
The launch of OneCosmo showcases our joint dedication with OneConnect to supply establishments with the instruments to good their digital technique for the way forward for monetary companies.”