Fintech software start-up sets up development centre in Bangkok
April 19, 2017 14:21 By The Nation
Scale360, a UK-based fintech start-up that develops software to power banks’ digital transformation, has established a Bangkok Development Centre to service banks’ growing need for financial technology and to develop local skills in leading global technologies.
Thailand’s Board of Investment has recognised Scale360’s commitment to developing skills in Thailand, awarding the company a special eight-year status to help attract top talent and establish a Digital Centre of Excellence in Bangkok.
Combining Microservices application architecture with Scala and Java programming languages, Scale360 develops technology platforms for customers across all channels via a digital banking infrastructure.
Many of the skills required are in short supply in Thailand, and Scale360 has established its own Thai language learning programme to advance the knowledge of Thai developers and develop its Digital Banking 4.0 platform, with the aim of providing developers with knowledge of programming languages used by global Internet giants like Twitter and LinkedIn.
Neville Molyneux, managing director of Scale360, said banks operating in the digital age to deliver the kind of services today’s mobile and connected customers’ need required a new approach to technology. This means using global leading technologies which are not yet prevalent in banking.
“At Scale360, we have developed our own learning programmes to give our employees the tools they need to compete in a global marketplace,” said Molyneux.
Scale360’s developers have already completed transformation projects in Vietnam and are working with a challenger bank in the UK.