Mascoma Technologies, a subsidiary of Mascoma Bank, has launched Stratum, a Software-as-a-Service (SaaS) platform designed to modernize banking ecosystems. Purpose-built by bankers, Stratum empowers financial institutions to integrate legacy and next-gen systems, unify data, and deliver enhanced customer experiences without disruptive overhauls.
Mascoma Technologies releases Stratum, a SaaS banking platform.
Enables seamless data flow between legacy and modern systems.
Supports zero-downtime transitions for uninterrupted customer access.
Partners with LoanPro and Thought Machine for fintech integration.
Proven in production, scalable for financial institutions of all sizes.
Built by bankers to address industry-wide modernization challenges.
Stratum addresses the limitations of legacy banking platforms by offering a flexible, cloud-native SaaS solution. “At a time when many banks are frustrated by the limitations of legacy platforms, Stratum changes the game,” said Dan McGee, Chief Operating Officer of Mascoma Technologies. “This platform doesn’t ask FIs to start over, it lets them move forward.” Stratum’s intelligent data hub facilitates bi-directional data flow, enabling banks to operate multiple core systems while maintaining a single source of truth.
Stratum’s architecture supports phased modernization, allowing financial institutions to run legacy and next-gen systems in parallel without impacting customer experience. Its zero-downtime transition capability was demonstrated during Mascoma Technologies’ migration from Mascoma Bank’s internal infrastructure to a standalone environment, rerouting critical systems like digital banking without service interruptions. This scalability makes Stratum suitable for banks of all sizes, from community institutions to large enterprises.
Initially developed to address Mascoma Bank’s outdated technology, Stratum evolved into a solution for the broader banking industry. Mascoma Bank, a $2.9 billion community bank, identified modernization as a widespread challenge and built Stratum to empower innovation without disruption. The platform’s real-time data unification and AI-readiness position banks to deliver superior financial insights and services, meeting evolving customer expectations.
Mascoma Technologies has partnered with leading fintech providers like LoanPro and Thought Machine to enhance Stratum’s ecosystem. “As we evaluated the market to help our customers connect LoanPro to their core banking software, Stratum was the obvious choice. Having direct experience as a financial institution, they understand the struggles that our customers face and have solved the problem firsthand,” said Colton Pond, Chief Marketing Officer at LoanPro. These partnerships strengthen Stratum’s ability to integrate with cutting-edge solutions, ensuring banks remain competitive.
Stratum’s design prioritizes ease of implementation and agility, allowing banks to standardize data and create connected ecosystems tailored to their needs. By avoiding costly core conversions, Stratum enables financial institutions to modernize incrementally, reducing risk and operational complexity. Its cloud-native foundation ensures resilience and adaptability in a rapidly evolving financial landscape.
Mascoma Technologies’ Stratum redefines banking modernization by offering a scalable, banker-built SaaS platform that bridges legacy and future systems. With proven performance and strategic partnerships, Stratum equips financial institutions to innovate confidently, delivering real-time value to customers and stakeholders.
Mascoma Technologies delivers transformational banking infrastructure, developed by bankers who’ve lived the challenge. Its flagship platform, Stratum, bridges legacy and next-gen systems with real-time data unification, allowing financial institutions to innovate without disruption. Mascoma Technologies is a subsidiary of Mascoma Bank.
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