SaaScada and Partes forge strategic partnership for innovative finance in Switzerland

SaaScada and Partes forge strategic partnership for innovative finance in Switzerland

Partes and SaaScada have entered into a strategic partnership targeting the Swiss market.

This collaboration is set to revolutionise Swiss financial services by offering advanced core banking software and embedded finance solutions, tailored specifically for local industry needs. Furthermore, Partes will enhance its service offerings by incorporating Banking-as-a-Service (BaaS) built on the robust SaaScada platform. Together, they aim to provide a compelling alternative to traditional core banking systems in Switzerland, promoting a seamless transition to modern architectural frameworks.

The partnership was established with the goal of directly integrating financial services into the daily lives of consumers through innovative open banking, embedded finance, and contextual banking approaches. This integration allows financial institutions to tap into new customer segments, enables platforms to diversify their services, and offers consumers a more integrated financial service experience. The collaboration is poised to meet the pressing need for a flexible, efficient infrastructure accompanied by a shift towards more collaborative value creation across the sector.

André Renfer, CEO and co-founder of Parte, said, “Our partnership with SaaScada is the key to the seamless and efficient integration of financial services into our customers’ existing user journeys. This not only reduces complexity, but also accelerates the market launch of new products.”

Furthermore, current banking systems often lack the agility and customer-focus necessary in today’s dynamic market. The collaboration between Partes and SaaScada addresses these issues by offering a flexible alternative that encourages rapid adaptation and innovation among Swiss financial institutions, positioning them as leaders in the sector.

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