OneConnect Launches OneCosmo, its One-Stop Digital Banking Solutions

OneConnect Launches OneCosmo, its One-Stop Digital Banking Solutions
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OneConnect Financial Technology unveiled the launch of its one-stop omni platform, OneCosmo for entire digital banking solutions developed along with Brazil-located company, Pismo. OneCosmo’s solutions offers digital identity verification, digital lending, and core banking, and digital payments. The platform also enables integration with the help of highly flexible APIs and microservices integrate through diverse third-party service providers.

OneCosmo’s targeted consumers can now completely enrol themselves on the platform in a time of a few weeks as the platform has pre-configured, and pre-integrated features. These features enable financial institutions to customize the required specifications.

Tan Bin Ru, CEO (Southeast Asia), OneCosmo, OneConnect Financial Technology, stated, “OneCosmo represents the fruits of our labour from our strategic partnership with Pismo. Here at OneConnect, driving the digitalisation of financial institutions and banks for a greater level of financial inclusion has been our vision, and OneCosmo allows us to further amplify our vision for more institutions at a larger scale.”  With the combination of SaaS and TaaS, OneCosmo is an omni channel platform which enables us to better service financial institutions of all sizes.”

Financial institutions will be able to use OneCosmo to take advantage of real-time data streaming, giving them more insight into consumer behaviour through data analysis. Working with legacy technology can be flexible thanks to OneCosmo, which also gives financial institutions the opportunity to modify the solution suite to fit their own requirements. More than 50 million users have used the Pismo technology integrated within OneCosmo’s service as of this writing.

Vishal Dalal, CEO (North America, EMEA, and APAC), Pismo, commented, “Pismo’s mission is to help banks and fintechs deploy the next gen of innovative products on the cloud for their customers, and we’re excited to extend that mission with this new offering for Asia. The launch of OneCosmo showcases our joint commitment with OneConnect to provide institutions with the tools to perfect their digital strategy for the future of financial services.” 

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