Flexys expands partnership network with 10x Banking collaboration

By Gloria Methri

Flexys, a debt management software expert, has announced a new partnership with 10x Banking, the cloud-native core banking platform.

The strategic alliance is designed to empower financial institutions to rapidly transform their debt management operations, leveraging cutting-edge digital solutions.

Banks and financial services providers are increasingly seeking ways to modernise their debt collection processes, driven by the need for improved efficiency and enhanced customer experiences. However, legacy systems often impede progress, creating barriers to innovation and agility, and the internal resources needed to implement change can be prohibitive.

The Flexys and 10x partnership directly addresses these challenges by integrating Flexys’ advanced debt management platform with 10x Banking’s next-generation meta-core banking technology. This powerful combination enables financial institutions to swiftly and easily replace outdated systems with a comprehensive, cloud-based solution that streamlines debt collection workflows and uses real-time data for personalised customer interactions.

James Hill, CEO of Flexys, said on the partnership, “By expanding our network to include 10x Banking, we are significantly enhancing our ability to help clients accelerate their digital transformation journey. This collaboration allows us to offer financial institutions a seamless path to modernising their end-to-end operations by replacing inefficient legacy processes with agile, customer-centric digital experiences.”

Frederico Venturieri, VP and Global Head of Partnerships, Marketing & GTM at 10x Banking, added, “Our partnership with Flexys represents a shared commitment to driving innovation in the financial sector. With the 10x Banking platform, the world’s first meta core, banks can accelerate their path to full transformation, but without the risk, cost or compromise associated with legacy and neo-core solutions. Together with Flexys, we are providing organisations with the tools they need to rapidly streamline their debt collection processes, reduce operational complexity, and ultimately deliver superior service to their customers.”

This expanded partnership network offers banks and financial institutions a clear pathway to swiftly modernise their operations, embrace digital capabilities, and create value for their customers.