Friday, December 13, 2024

CBA: Moves Ibas platform to the cloud

  • CBA accelerates digital transformation in banking with the availability of IBAS in the Cloud
  • Announced that its IBAS GBF – Global Banking Factory is now available to customers on a SaaS model in the cloud
  • IBAS GBF already successfully deployed in the cloud on Amazon Web Services for a customer in the trade finance space
  • CBA’s IBAS platform supports RESTful APIs, allowing banks to seamlessly interface to other systems and share information in real-time
  • Adopting a cloud-based platform and Open APIs essential for banks looking to compete effectively and scale their business in a fast-changing landscape
  • In the Open Banking era, banks need to be ready to compete and also collaborate with nimble Fintech players

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