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PRESS RELEASE
London, UK - December 9th, 2024- Tuum, a leading provider of modular core banking solutions, has partnered with Mast, an innovative mortgage origination platform, to redefine the future of banking software. This collaboration leverages both companies' cloud-native technologies and shared commitment to innovation, driving significant value creation for financial institutions.
By combining Tuum’s modular banking platform with Mast’s customisable mortgage origination solutions, the partnership offers flexibility and faster implementation for clients. Together, they enable financial institutions to enhance their operations, delivering tailored solutions that meet specific business needs without unnecessary complexity or costs.
Through this partnership, Tuum gains a stronger foothold in the mortgage origination market, benefiting from Mast's rapid underwriting capabilities and engineering excellence. Conversely, Mast clients can take advantage of Tuum’s flexible, pay-as-you-go banking solutions, ensuring they only invest in what they truly need, when they need it.
"We are excited to partner with Mast, a leader in cloud-native mortgage origination," said Peter Desouza, Director of Partnerships at Tuum. "This collaboration aligns perfectly with our mission to offer adaptable, cutting-edge solutions that empower our clients to thrive in a fast-evolving financial landscape."
Mast CEO, Joy Abisaab added, "Partnering with Tuum is a significant step forward in our mission to streamline and modernise lending. This partnership will unlock new opportunities for financial institutions looking to modernise and enhance their systems, particularly those ready for a transformative journey."
For more information on how Tuum and Mast can transform your banking and lending operations, please visit the links below:
About Mast
Mast is dedicated to making lending faster, smoother, and more efficient. Our cloud-native mortgage origination platform helps lenders increase capacity, reduce costs, and improve operational controls. Delivered as a hosted SaaS solution, the Mast Origination Platform is fully managed by Mast, offering top-tier performance, resilience, and continuous updates. We empower lenders to operate more efficiently, adapt swiftly to market changes, and deliver exceptional service, transforming the borrower’s journey.
Make lending better, smoother and faster.
About Tuum
At Tuum, our mission is to allow banks to replace their legacy systems quickly and safely, to lower their maintenance spending and to open new possibilities to adapt and prosper in the digital world; in short, to set them free.
We employ a smart migration approach to help banks to move off their current systems. Using this approach, our clients go-live on average within 7 months.
Once live, our system enables banks to easily launch new products and open up new verticals. Offering more than core, Tuum allows banks to operate multiple business lines from a single system, including accounts, lending, payments and cards, as well as go further through access to a pre-configured ecosystem of partner solutions.
Tuum also allows for business transformation. Our business builder gives banks the fine-grained settings to precisely configure their operating, sourcing and distribution models to launch unique models to capitalise on the possibilities of digitization.
Tuum. Core banking. Without limits.
