PwC announced a strategic alliance with Engine by Starling, the software-as-a-service (SaaS) subsidiary of Starling Bank, a leading digital bank. Engine brings modern banking technology to banks around the world. The Engine platform, built to power Starling Bank, is modular, API-based, cloud-native and proven at scale. It can be used by financial services organisations to rapidly launch new digital banking propositions and businesses, or as a replacement to existing banking technology.
The alliance positions PwC as the first strategic implementation partner of this next-generation banking platform, and will enable the professional services firm to enhance its digital banking offering to clients in multiple regions around the globe.
Commenting on the alliance, Mark Stanley, Financial Services Consulting Partner at PwC Middle East stated: “Our Middle East clients are some of the most ambitious when it comes to digital transformation, but we have also seen many examples of digital ventures that have failed to make an impact. Engine is unique globally given it provides a single stack platform that has been proven through the success of Starling Bank across retail and business banking segments. We are delighted to announce our collaboration with Engine and the opportunities it will create for our clients and their customers.”
Alex Price, Digital Platforms Director, PwC UK said: “We are thrilled to announce the alliance with Engine - it will transform the digital banking services we can offer clients. Engine provides a generational-leap forward for digital banking technology in terms of both customer and employee experiences. Combining our deep expertise with this cutting-edge technology is an exciting shift in the way that we solve complex problems for our clients.”
Steve Davies, Digital Banking Lead, PwC UK said: “By forming an alliance with Engine, we can offer an even greater range of technology-enabled solutions to help clients deliver high quality digital banking to their customers and remarkable employee experiences, while also saving costs and driving up productivity. By expanding our existing capability to include Engine, we are continuing to be at the forefront of the latest digital banking technology innovation.”
Sam Everington, Chief Executive Officer, Engine by Starling said: “Partnering with PwC, a leader in professional services, will be crucial in helping to deliver Engine, our cutting-edge digital banking platform, to customers around the world. PwC combines an incredible breadth of strategic knowledge with hands-on experience driving business model transformations using the Engine platform.”
About Engine by Starling
Engine by Starling is a SaaS technology provider with the goal of bringing its modern banking platform to banks around the world. The Engine platform, built to power Starling Bank in the UK, is modular, API-based, cloud-native and a proven technology at scale.
For further information about Engine by Starling, please visit: enginebystarling.com/ Contact media@enginebystarling.com
About PwC
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with nearly 328,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.
Established in the Middle East for over 40 years, PwC Middle East has 30 offices across 12 countries in the region with around 10,000 people. (www.pwc.com/me).
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
