Gets ROI within six weeks

Gets ROI within six weeks

UK challenger Metro Bank has accelerated a data project delivery, cutting provisioning time by 80%, following the deployment of the Delphix Data Virtualisation platform.

The bank began working with California-based Delphix to enable it to deliver data to teams better. The idea was to integrate enterprise software into an existing IT stack.

Delphix says its solution delivered a “record breaking speed” of ROI within six weeks of deployment.

David Young, CTO at Metro Bank, adds: “Working with Delphix has enabled us to provision environments in a single day, saving the team a significant amount of time.”

Metro Bank often calls itself the “first new high street bank in more than 100 years”. It also cites its focus on using “state-of-the-art IT” for such “industry-first innovations” as 20-minute paperless account opening and temporary card freezing.

On the Metro

Late last year, there were a number of developments for Metro Bank.

It moved its IT infrastructure to a Rackspace managed cloud solution; joined the Faster Payments Scheme; and launched a new online platform with Backbase.

While Metro may be far from retro, the UK challenger bank space is packed to the rafters. With so many new entrants trying to muscle in, Banking Technology has put together a comprehensive list of the known challengers to date and the technology they are using.