The Swiss universal bank GKB plans to expand its existing market offering in cooperation with coconet. The aim is to expand and strengthen its position for SME and corporate customers by introducing a powerful multibanking functionality based on the core banking system finnova. The new multibanking component supports corporate and SME customers in payment transactions and reporting and will support EBICS with both the coconet engines multi:bank and multi:hub.
The German digital banking experts from coconet convinced in the selection process with their out-of-the-box platform offering, which already almost completely fulfils the bank's requirements. With multi:versa and the engines multi:bank and multi:hub, GKB can already cover almost all current requirements for a new multibanking cash management solution.
At the same time, it was important for the bank to find a strong strategic partner that is well positioned for the future challenges in the corporate client business. GKB has found this partner in coconet. The Düsseldorf-based company has been a leading provider of digital white label solutions for well-known banks and service providers for over 30 years. "With multi:versa, GKB can offer a very powerful, digital corporate customer platform in the short term and thus optimally support its customers," says Mark Lohweber, CEO of coconet. "We will accompany GKB both in the short term in the project plan and in the long term as an experienced partner."