This migration is in line with their previously communicated ambition to build the infrastructure and architecture of the future.

Chris Zadeh, Founder and CEO of Ohpen: “Ohpen has developed its cloud-based core banking engine from scratch to ensure that the technology and processes actually work, all the time. Even after migrations of this size. Retail banks, insurance companies and asset managers should focus on offering the best solution to consumers and leave the rest to us.”

Aegon and Ohpen jointly developed the intention to migrate other parts of Aegon’s services in the Netherlands to the core banking engine of Ohpen to create a future-proof setup.