Light Frame SA, a Swiss provider of modern investment operations and portfolio management technology, and Mambu, a global enabler of cloud-native core banking, have announced a partnership delivering a fully integrated core banking solution tailored to the private banking and wealth management industries.
The partnership comes at a “critical moment as wealth managers and private banks adapt to evolving client expectations, growing regulatory complexity, and increasing pressure on profitability.”
By combining Mambu’s leadership in cloud-native core banking and extensive global operational footprint with Light Frame’s sophisticated investment operations and portfolio management technology, the collaboration “offers a distinct advantage to banks as they shape and execute their strategy.”
Cenk Bozal, Region Manager DACH said:
“Mambu’s entry into private banking alongside Light Frame marks a material step toward modernizing a sector that has historically seen limited innovation. With over 260 live customers across 65 countries, Mambu is uniquely positioned to partner with the industry to realize the transformational value of a modern, proven core.”
The core banking market is projected to exceed “$65 billion by 2032, growing annually at 18.6%, according to Fortune Business Insights.”
The wealth management sector remains “underserved by legacy technology, resulting in high operational costs and constrained innovation.”
The Mambu x Light Frame partnership presents “a timely and transformative solution for institutions seeking modern alternatives that are secure, compliant, and built for speed and scalability.”
Leon Stevens, Head of EMEA said:
“Over the past decade, Mambu has been at the forefront of core banking innovation, though our efforts have largely focused outside the Wealth industry. We are now pleased to extend that innovation to private banks, wealth managers, brokerage banks, and WealthTechs as they modernize or start their operations.”
By bridging the gap between investment operations and core retail banking, the new solution empowers Wealth institutions to:
- Deliver seamless, end-to-end banking and investment experiences
- Accelerate implementation timelines and reduce IT complexity
- Integrate efficiently with third-party platforms
- Drive productivity and automation through intuitive interfaces and modern architecture
- Ensure resilience, compliance, and scalability through a cloud-native infrastructure
Schuyler Weiss, CEO said:
“When we set out to build a modern Swiss private bank, we searched for a core system that could deliver sophisticated wealth services while embracing the advantages of new technology. It didn’t exist. That experience led to Light Frame. Today, in partnership with Mambu, we’re offering a new benchmark—an end-to-end solution that’s fast to implement, intuitive to use, and purpose-built for the high-touch, tailored services that define private banking.”
…
Read More: Light Frame And Mambu To Enable Cloud-Native Core Banking For Wealth
