Core Banking Platform (SaaS)

Aura Cloud core banking platform.

Aura Cloud is a next generation SaaS (Software as a Service) core banking platform designed for financial institutions. It enables banks and fintechs to launch new digital financial products and services quickly and cost-effectively by leveraging cloud technology, powerful core and a wide range of APIs. Aura Cloud focuses on agility, functionality, and cost-efficiency, allowing banks to innovate and scale their operations without the need for extensive IT infrastructure or licensing. 

Here's a more detailed breakdown:

Key Features:

Cloud-Native & API-First:

Aura Cloud is built on a cloud-native and cloud-agnostic architecture and utilizes an API-first approach, meaning it is designed for seamless integration with other systems and services. 

Comprehensive Functionality:

It offers a wide range of banking functionalities both for consumer and business banking, including loans, credits, accounts, deposits, cards, payments, factoring and even P2P lending & marketplace solutions. 

Scalability & Flexibility:

The platform is designed to be scalable for international use and supports even complex multi-country, multi-currency and multi-entity setups. 

Rapid Time to Market:

Aura Cloud aims to significantly reduce the time it takes to launch new products and services, allowing financial institutions to respond quickly to market demands and competition. 

Cost-Effective:

By utilizing a SaaS model, Aura Cloud minimizes the need for extensive IT infrastructure and resources, reducing overall costs and providing excellent ROI.

Open Banking Enabled:

Aura Cloud leverages open banking APIs to facilitate seamless integration with various financial services and partners. 

Target Audience:

Financial Institutions:

Aura Cloud is designed to serve both established banks and well established fintech companies, helping them modernize their operations and offer innovative digital products. 

SMEs and Consumers:

The platform is designed to meet the needs of both small and medium-sized enterprises (SMEs) and individual consumers. 

Benefits for Financial Institutions:

Faster Innovation:

Aura Cloud empowers financial institutions to bring new products and services to market more quickly, enabling them to stay ahead of the competition. 

Reduced Operational Costs:

By leveraging a cloud-based platform, institutions can reduce their reliance on expensive legacy systems and internal IT infrastructure. 

Increased Agility:

The platform's flexibility and scalability allow institutions to adapt to changing market conditions and customer needs more effectively. 

Enhanced Customer Experience:

Aura Cloud's focus on open banking and seamless integration can lead to improved customer experiences and greater engagement. 

In essence, Aura Cloud is a next-generation core banking platform that helps financial institutions modernize their operations, accelerate innovation, and deliver superior customer experiences through its cloud-based, API-first approach. 

Aura. The best a bank can get.