Case Study: Nymbus & DigitalBank X

Services used

Product Development
Staff Augmentation

The Problem

“DigialBank X” ventured into the forefront of digital banking by utilizing Nymbus’ robust platform to explore fintech innovation. They envisioned a tailored system, one that seamlessly integrates into their current platform yet offers specialized functionalities. 

There were a few strategic initiatives: 

1. Revamp the onboarding process and intuitively design it for the modern DigitalBank X customer.
2. Launch a mobile solution tailored to small businesses, facilitating seamless invoice generation via SMS and email.
3. Elevate their web platform, ensuring it’s not just functional but also offers an intuitive 
user experience.

The Solution

Cognits stepped in, equipped with a clear vision and an understanding of the unmatched flexibility of the Nymbus platform.

Re-Imagined Onboarding:
DigitalBank X, equipped with design insights, needed a streamlined pathway to execution. The Nymbus platform, known for its agility and flexibility, stood as the perfect canvas. Unlike legacy bank cores which often lag due to limited API connectivity, Nymbus’s robust API integrations allowed Cognits to craft a dynamic architecture. This framework became an intuitive guide, empowering DigitalBank X's internal team to seamlessly drive the project to its culmination.

The Genesis of BizHub:
While Deloitte delivered strategic insights, Cognits bridged the gap between strategy and tangible tech solutions. The Nymbus platform's inherent co-development capability facilitated synchronized efforts, resulting in efficient progress. Through agile methodologies and iterative sprints, the BizHub vision transitioned into reality.

The collaboration between DigitalBank X and Nymbus, complemented by Cognits, have set a benchmark 
in fintech collaborations. The journey was more than just problem-solving. It was about recognizing distinctive visions, aligning unique strengths, and co-creating unparalleled value. Together, we've 
redefined what's possible in digital banking experiences, exemplifying the transformative power of synergistic partnerships.

At Nymbus, our core commitment is to stand beside our clients, ensuring they succeed in serving their customers. With DigitalBank X’s dedication to excellence and the adaptable nature of our platform, Cognits was able to design solutions tailored to the bank’s unique requirements. The Nymbus environment, architected for 
co-development and agility, played a pivotal role in the smooth execution of both the Onboarding and 
BizHub initiatives. This collaboration reaffirms our promise to be a steadfast partner, helping our clients 
provide an unmatched customer experience.

Larry McClanahan

Chief Product Officer, Nymbus

Outcomes

Completed the onboarding initiative using the agility of the Nymbus platform with unparalleled efficiency.
Transitioned the intricate BizHub project from concept to completion within just 10 months.
Consistently maintaining quality across the board – from code to architectural design, underscores the superior capabilities of the Nymbus platform compared to traditional banking systems.

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