London, 12 September 2024 – Tuum, the next-generation core banking platform provider, is proud to announce the appointment of Mutu Srinivasan as its new Vice President of Product.
Mutu joins Tuum with over 25 years of experience in driving product innovation in the financial technology sector, helping leading institutions and fintechs enhance customer experiences and scale their operations.
In his new role, Mutu will be responsible for shaping and executing Tuum’s product strategy, ensuring the company’s solutions continue to meet the evolving needs of modern financial institutions. He will spearhead efforts to accelerate product innovation, making it easier for Tuum’s clients to launch new services, enhance customer engagement, and maintain regulatory compliance in an increasingly competitive market.
Mutu previously held senior product leadership roles at companies such as Temenos and 10x Banking, where he successfully launched groundbreaking solutions across core banking, lending, and corporate finance. He played a key role in developing simplified banking platforms that enabled financial institutions to process transactions more efficiently while adapting to the demands of the digital economy.
“Tuum’s platform is uniquely positioned to help financial institutions embrace the future of banking,” said Mutu. “The opportunities ahead in areas like Embedded Finance, Banking as a Service (BaaS), and Core Modernisation are immense. With a modern, cloud-native, API-first platform like Tuum, we are able to continuously drive product innovation that ensures our clients can stay ahead of market trends and deliver exactly what their customers need. Whether it’s through orchestrating services in a ‘network of platforms’ or leveraging GenAI and personalization models, Tuum’s architecture is built to seamlessly embrace these emerging technologies, empowering financial institutions to evolve and thrive.”
“Mutu’s appointment comes at a pivotal time for Tuum as we continue to grow our platform and expand our global presence,” said Ove Kreison, Chief Technology Officer of Tuum. “His extensive expertise in product management, combined with his proven track record of delivering scalable, high-performance solutions, will be critical in ensuring Tuum remains at the forefront of core banking innovation. We are thrilled to have him lead our product team.”
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 up 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 an interconnected 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.