The company announces four critical
capabilities that it will double down on
PLANO,
Texas, April 18, 2024 /PRNewswire/ -- Alkami
Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based
digital banking solutions provider for financial institutions
in the U.S., announced at its annual 2024 Alkami Co:lab conference,
the launch of its latest innovation for clients, the SDK Wizard,
"Merlin." This strategic tool is revolutionary in the financial
services industry, allowing the developer environment to set up and
ramp up in minutes compared to days. Built with a developer-first
mindset, "Merlin" is a part of Alkami's ongoing commitment to being
the leading "TechFin" in the market, providing developments and
inventive technical capabilities for financial institutions
nationwide.
Deep Varma, chief technology officer (CTO) at Alkami, laid out
the vision, speaking to the fundamental mindset of offering the
best platform technology in the market, built with a developer
lens. He stressed Alkami's charge to double down on investments in
platform capabilities for community and regional financial
institutions to win in this industry against megabanks. Varma
continued with the four critical platform capabilities that Alkami
is actively investing in for financial institutions to stay
relevant and innovative:
- Scale - The platform "auto-scales" based on
financial institutions' growth and engagement strategies to
accommodate banks' and credit unions' growing user bases, ensuring
all users get reliable, high-quality experiences.
- Availability - By providing an "always on"
and available digital banking platform, financial institutions'
retail and commercial account holders will be supported whenever
and wherever they are.
- Data - With actionable "data and insights,"
financial institutions can deliver personalized experiences and
relevant offers to their account holders – at scale.
- Speed - The platform is built with "flexibility
and extensibility" in mind, empowering financial institutions
to self-serve, and extensibility will allow them to embrace and
extend Alkami's platform to create unique and differentiated
experiences.
Alkami's development team designed the software so developers
and third parties can quickly create custom digital banking
functionality on the platform that suits their specific business
and account holder needs.
"Our industry is at a pivotal point in its history, and as
financial institutions of all sizes are grappling with meeting the
demand for digital products and services, we are constantly working
to provide solutions that can have an immediate impact. Building
and unveiling an efficient, effective, and accessible solution like
Merlin is a proud moment for our team, and we are excited to see
the platform in action across the industry," said Varma.
Financial institutions that invest in these pillars and add data
platform capabilities can transform into the "data-informed
digital banker" for end-users, providing a sophisticated and
exceptional account holder experience through the digital banking
sales and service channel.
To learn more about this year's Alkami Co:lab programming and
event, please visit 2024 Alkami Co:lab.
About Alkami
Alkami Technology, Inc. is a leading
cloud-based digital banking solutions provider for financial
institutions in the United States
that enables clients to grow confidently, adapt quickly, and build
thriving digital communities. Alkami helps clients transform
through retail and commercial banking, digital account opening, and
data and marketing solutions. To learn more,
visit www.alkami.com.
Media Relations Contacts
Vested
alkami@fullyvested.com
Marla Pieton
marla.pieton@alkami.com
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SOURCE Alkami Technology, Inc.