NYMBUS Inc. and QTS Realty Trust (NYSE: QTS) announce strategic partnership to provide NYMBUS clients with world-class data center capabilities, allowing a growing list of financial institutions to move legacy core systems to NYMBUS’ private cloud. By partnering with QTS Dallas-Fort Worth, NYMBUS, a provider of the world’s most current mission-critical core banking technology, ensures its clients receive optimal reliability, redundancy and compliance in a high-security environment.
QTS is an international provider of data center, managed hosting and cloud services, which operates state-of-the-art data centers. These data centers are ideally suited for financial institution workloads that demand high-performance, high-transaction volume and low latency, while processing vast amounts of data reliably, securely and cost-effectively.
“NYMBUS is aggressively expanding its footprint in the market, for enabling banks and credit unions to radically simplify their core platform while powering the wide range of digital functions and scalability these institutions require,” said David Mitchell, president & chief revenue officer at NYMBUS. “QTS provides the premium foundation for hosting the private clouds on which our customers rely for maximum uptime, impenetrable security and full compliance.”
Scott Sharp, chief operating officer at NYMBUS, continued, “NYMBUS is focused on developing a solid, modern product for banks and credit unions. We’ve been experiencing strong growth and QTS allows us to scale with a trusted private cloud environment for our customers choosing to eliminate the burdens presented by legacy core systems.”
NYMBUS’ platform is purpose built to transform the way traditional banks and credit unions support and interact with their customers by providing a holistic, full-stack, turn-key core banking platform that modernizes their existing software and hardware infrastructure. Each NYMBUS customer is assigned its own dedicated private cloud, ensuring the highest levels of security as well as compliance with the latest industry standards in a faster, easier and most affordable manner. In addition, each private cloud’s hardware, network and storage performance can be customized for each customer’s business needs, helping to right-size each financial institution’s infrastructure.
“QTS delivers scalable, secure IT infrastructure services supported by advanced technology for the unique requirements of the finance industry. Working with NYMBUS is an endorsement that our fully-integrated approach in solving complex and ever-changing business needs is earning the trust of financial institutions,” said Dan Bennewitz, chief operating officer of sales and marketing at QTS.
Demand for the NYMBUS SmartCore platform is on the rise. A recently completed $12 million financing round has helped rapidly convert a growing list of financial institutions seeking to transform their legacy core systems to NYMBUS’ modern SaaS alternative.
For more information on how NYMBUS, together with its partners, is revolutionizing the financial industry, visit nymbus.com.