Judo Bank has collaborated with Synpulse to develop and implement a cutting-edge core banking platform aimed at enhancing its technological capabilities and operational flexibility. This partnership is designed to enable Judo Bank to efficiently launch new banking products, including business loans, home loans, and lines of credit, thereby improving service quality and market responsiveness.
Synpulse played a pivotal role throughout the project’s lifecycle, offering end-to-end support from planning and technical project management to system integration and post-launch operations. By leveraging AWS’s advanced solutions such as serverless computing and scalable storage, Synpulse ensured that the new platform delivers high performance and scalability.
The new core banking platform was successfully developed, with a pilot launch for new-to-bank customers initiated within the first nine months. Existing customers were transitioned to the new system three months later, allowing Judo Bank to provide more reliable and cost-effective services.
Additionally, Synpulse managed the change management process, including impact assessments and staff training, to facilitate a smooth transition and maintain operational continuity during the migration.
Rahul Bansal, Partner and Global Head of Retail and SME Banking at Synpulse, expressed enthusiasm about the project, highlighting the successful collaboration and the transformative impact of the new platform. He noted, “This project not only demonstrates our ability to deliver innovative solutions but also reinforces our commitment to expanding our presence in Australia and the APAC region.”
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