LEVERIS, an Irish banking technology company with its software development teams based in Prague, Brno and Minsk, has been chosen by Česká spořitelna, the Czech Republic’s largest bank, as partner for the transformation of its IT infrastructure.

The cooperation involves generating a blueprint for developing new software, a new database and general infrastructure, as well as training Česká spořitelna employees on how to deploy and operate a modular banking system.

While the digital transformation project will enable Česká spořitelna to continue setting trends within the banking sector, the ultimate winner will be the end customer. The development of a new modular system will see Česká spořitelna launch products even faster, operate in real-time, respond to customer needs, and manage it all at a much-reduced cost.

The deal will see a true market leader with banking expertise dating back to 1825 partner with a fast-growing technology company that helps financial institutions embrace the future of banking. The partnership serves as further evidence that by working together, traditional banks and new technology companies can solve real customer problems and shape the future of an industry in much need of an overhaul.

“This project represents a really strong endorsement of LEVERIS and presents a great opportunity for Česká spořitelna to transform its digital offering in the Czech market,” said Conor Fennelly, founder and CEO of LEVERIS. “Right now, we are forming more partnerships with major banks and organisations to boost their ability to better serve digital-savvy banking customers now and in the future.”

Petr Bravek, COO, Česká spořitelna, commented: “What struck us about LEVERIS’ application for this project was its ability to develop the kind of technology that delivers an outstanding experience for both bank and end-user. This partnership will enable us to offer further enhanced products and services to our four million-plus customers.”

The LEVERIS appointment comes just months after the company launched LEVERIS Digital Bank, a platform that comes pre-integrated with all the essential banking services you need to run a digital bank. It was built to enable traditional and challenger banks as well as consumer brands to provide a banking solution at a fraction of the cost with quick-to-market capability.

This marks an exciting period for LEVERIS as it continues to scale and develop partnerships with organisations keen to improve the way they deliver user experiences in banking for their customers and employees.

For more on LEVERIS visit leveris.com