Design principles when building a next-gen core banking system

Learn how deliberate design choices shaped a next-generation core banking platform built for scalability, agility, and real-time data empowerment.

Having a clear design is vital 

Starting from scratch with a cloud-native core banking platform requires setting solid design principles from day one, and sticking to them. To ensure we built something truly cloud-native, not just “cloud-hosted,” we committed early on to an “Azure First” mindset. 

From the beginning of our SaaS journey, Azure was our foundation. This allowed us to consistently align with its architecture and make the most of its native services. Take Azure Cognitive Search, for example. Rather than building our own search solution, we integrated this Azure-managed feature, freeing our teams to focus on what matters most: delivering the best core banking functionality. 

Single code base with code-less configuration 

Legacy systems often make updates a headache, requiring extensive testing, coordination, and downtime for even minor changes. This slows everything down. 

That’s why we built our platform around a single code base combined with no-code configuration. All users are always on the same version, across all environments, without needing custom patches. It means faster delivery of features, smoother upgrades, and a shorter time to market for our clients. 

Flexibility is key 

For us, flexibility means giving clients control, whether it’s how they shape their customer experience or how they scale their use of the platform. You only pay for what you use, and you use it in a way that fits your organization. 

Our modular architecture supports different business requirements. Need to plug in a payments module or activate a direct debit feature? You can, easily. Each functional block can operate independently but still connects seamlessly as part of a unified platform. Careful architectural decisions ensure each module knows its role, how to collaborate with others, and when to step in during workflows.