Prestigious International Awards Program Honors Outstanding Financial Technology Products And Companies
MALVERN, PA – March 23, 2023 – Savana, an industry leader in financial software for banks and fintechs, today announced that it has been selected as winner of the “Best Banking Infrastructure Platform” award in the 7th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
Savana is a core-agnostic digital delivery platform that removes back-end and front-end silos from inside the bank – unifying and orchestrating all processes between the core, back-office, and digital customer channels to enable frictionless interactions between the bank and its customers.
By implementing Savana’s platform, all of the bank’s processes – historically dictated by each individual channel – are pulled into a single process library to be leveraged by all channels, both assisted and self-service. This approach ensures consistent and streamlined experiences and functionality across them, for both the banker and the consumer. It also greatly reduces the complexities and risks of launching and operating a new bank or transforming a legacy ecosystem.
Mike Wolfel, CEO at Savana, said: “Financial institutions are in need of a unifying platform that will allow them to own and manage operational processes and channel experiences holistically, from core-to-customer, in order to differentiate and scale. We are proud to be recognized for our breakthrough technology that is enabling institutions to do exactly that – regardless of core, product, or channel.”
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2023 FinTech Breakthrough Award program attracted more than 4,000 nominations from across the globe.
James Johnson, Managing Director at FinTech Breakthrough, said: “Banks today face the complex challenge of removing technology silos to boost operational efficiency and drive channel consistency. Savana breaks down these silos by truly unifying the bank’s technology ecosystem to streamline operations between the core, back-office, and customer channels through a single API-first digital delivery platform. Congratulations to the Savana team for taking home 2023’s ‘Best Banking Infrastructure Platform’ award.”
Savana is the only any-product, any-channel, core-agnostic digital delivery platform spanning the entire customer lifecycle for personal and business banking. The platform removes back-end and front-end silos from inside the bank – unifying and orchestrating processes between the core, back-office, and digital customer channels to enable truly frictionless interactions between the bank and its customers. For more information about Savana, visit www.savanainc.com
About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.