Kunal Galav + Charith Mendis - Mambu + AWS - Cloud Migration Guide

Why It Matters

Adopting Mambu on AWS enables banks to compete with fintechs by delivering scalable, agile services faster, directly impacting customer satisfaction and market share.

Key Takeaways

• Cloud migration boosts bank agility and scalability instantly.
• Mambu on AWS enables rapid fintech‑level product launches.
• Legacy banks can compete by avoiding costly core rebuilds.
• Simplify architecture to handle unpredictable growth spikes effectively.
• Choose cloud-native solutions over entrenched “dinosaur” legacy systems.

Summary

The video features Kunal Galav of Mambu and Charith Mendis of Amazon Web Services presenting a practical cloud‑migration guide for banks. They argue that moving core banking functions to a cloud‑native platform like Mambu on AWS delivers the agility and scalability traditionally reserved for fintech startups.

Key points include the ability to spin up new products in days rather than months, the elimination of costly legacy‑system rebuilds, and the importance of simplifying architecture to accommodate sudden growth spikes. By leveraging AWS’s global infrastructure, banks can achieve near‑instant scaling, ensuring consistent customer experiences during breakout moments.

The speakers underscore the choice banks face: “either a fast cloud or a dinosaur,” urging institutions not to reinvent the wheel but to adopt proven cloud‑native cores. They stress that predictability is a myth; the cloud’s elasticity is the only reliable way to meet unpredictable demand.

For the banking sector, the guide signals a shift toward rapid digital transformation, reduced operational overhead, and a competitive footing against fintech rivals. Institutions that adopt Mambu on AWS can accelerate innovation cycles, improve trust through reliable service, and future‑proof their technology stacks.

Original Description

Following the release of the Cloud Migration Guide, produced through the collaboration between Mambu and AWS, we spoke to two key people from those companies to gain further insights: Kunal Galav, Global Head of Partnership Development and Advisory at Mambu, and Charith Mendis, Head of Worldwide Banking Industry at AWS.

Mambu is a leading provider of cloud-based banking solutions, offering financial institutions the ability to deliver cutting-edge and customised banking services with agility. Its scalable and adaptable platform empowers organisations to drive digital transformation, delivering seamless customer experiences and staying ahead in the dynamic banking industry.

AWS (Amazon Web Services) is a comprehensive cloud computing platform that offers a wide range of services, including computing power, storage, and databases, enabling businesses to build and deploy scalable and flexible applications with ease. It provides secure, reliable, and cost-effective infrastructure solutions for organisations of all sizes.

“What cloud enables is, fundamentally, agility and scalability, which means you can try different things and you can scale them really fast.” - Kunal Galav

“You can’t predict growth. Sometimes you’ll have breakout moments, and being able to scale up to hit those breakout moments is what drives customer experience and what drives trust.”