Ep131: Has Allica discovered a new way to build a bank?

Simon Bateman, CIO, Allica BankSpecialising in supporting UK SMEs, it took Allica Bank just 12 months to build the institution from scratch. Six months later, the pandemic hit. But Allica was lucky to the extent that it does not have a legacy backbook of loans to service. It has also been built with an API-led approach that, as CIO Simon Bateman of Allica Bank told Robin Amlôt of IBS Intelligence, confers certain advantages.