Exclusive! Constantinople and MOVE Bank Migration

So talk me through Constantinople Dai and how the partnership with Movebank came about.

Yeah, I think for us, I mean, meeting a bank like Move who really had a purpose of who they wanted to be and being able to serve their members and customers over the long term was what we were looking for.

I mean, we're looking for a long-term partnership and we really want to enable our bank clients to be able to grow and meet the evolution or the evolving needs of customers in this marketplace.

And so Mike came forward or the team came forward with a real view of partnership.

We want to create an amazing member experience and we ticked the boxes to be able to do that.

So, Mac, last time you were on the show, we talked about Constantinople as being the operating system for a bank.

I've got to be honest, I walked away and I thought, I'm not entirely sure what that means.

Then I met with Mike last night and heard about what you're doing with Movebank and everything made sense.

So can you talk through, I guess, with this real example that you've got now as to how Move has kind of helped bring the Constantinople vision to life?

Yeah.

So what we're looking to do at Constantinople is run all of the undifferentiated or commoditized aspects of a bank and execute them at the direction of the bank itself.

And so that covers... all technology and infrastructure, all product, all operations, all compliance, regular reporting.

So it really is a very broad scope.

And the mission of our company is to sort of to manage all of that well, using software and AI predominantly for a fraction of the costs of what a what it would ordinarily cost for a bank to run.

And in doing so, free up the bank to really focus on what differentiates it in market, whether that be its purpose or its customers or community.

That was really the vision that we had when we started.

And, you know, Mike was and Move Bank was the first bank that partnered with us to shift its entire business across onto Constantinople.

So not just a part of its business, but the entire bank.

Yeah.

And, you know, I think we're now, you know, right on the precipice of demonstrating what I think is the sort of the most complete transformation of a bank anywhere in the world in so short a time.

Yeah.

So talk me through Constantinople Dai and how the partnership with Movebank came about.

Yeah, I think for us, I mean, meeting a bank like Move who really had a purpose of who they wanted to be and being able to serve their members and customers over the long term was what we were looking for.

I mean, we're looking for a long-term partnership and we really want to enable our bank clients to be able to grow and meet the evolution or the evolving needs of customers in this marketplace.

And so Mike came forward or the team came forward with a real view of partnership.

We want to create an amazing member experience and we ticked the boxes to be able to do that.

So, Mac, last time you were on the show, we talked about Constantinople as being the operating system for a bank.

I've got to be honest, I walked away and I thought, I'm not entirely sure what that means.

Then I met with Mike last night and heard about what you're doing with Movebank and everything made sense.

So can you talk through, I guess, with this real example that you've got now as to how Move has kind of helped bring the Constantinople vision to life?

Yeah.

So what we're looking to do at Constantinople is run all of the undifferentiated or commoditized aspects of a bank and execute them at the direction of the bank itself.

And so that covers... all technology and infrastructure, all product, all operations, all compliance, regular reporting.

So it really is a very broad scope.

And the mission of our company is to sort of to manage all of that well, using software and AI predominantly for a fraction of the costs of what a what it would ordinarily cost for a bank to run.

And in doing so, free up the bank to really focus on what differentiates it in market, whether that be its purpose or its customers or community.

That was really the vision that we had when we started.

And, you know, Mike was and Move Bank was the first bank that partnered with us to shift its entire business across onto Constantinople.

So not just a part of its business, but the entire bank.

Yeah.

And, you know, I think we're now, you know, right on the precipice of demonstrating what I think is the sort of the most complete transformation of a bank anywhere in the world in so short a time.

Yeah.