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altermAInd drives innovation at scale with MongoDB

With MongoDB Atlas, altermAInd builds AI platforms that deliver agility, compliance, and performance across 200K+ customers and 10K+ businesses.

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Their Challenge

altermAInd, born from illimity Bank’s digital team, leads Europe’s AI revolution—powering compliant, innovative AI with MongoDB Atlas cloud.

Our Solution

MongoDB Atlas powers altermAInd’s AI platforms, ensuring real-time data control, GDPR compliance, and scalable innovation for 200K+ customers.

Outcome

MongoDB Atlas fuels altermAInd’s rapid innovation, delivering robust performance, compliance, and AI capabilities as they scale from banking to AI leadership.

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Industry

Computer Software & Technology

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Product

MongoDB Atlas

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Use Case

Gen AI

THEIR CHALLENGE

Using MongoDB Atlas ensures governance and agility for altermAInd

altermAInd may be a new name, but the company has deep roots in the European tech landscape. Officially founded in December 2024, this AI and technology solutions company is driven by a team of professionals who have worked together for years. Previously the digital division of Italy’s illimity Bank—one of Europe’s first cloud-native banks—their custom-built technology platform laid the foundations for what altermAInd is today.

altermAInd’s goal is to lead the AI revolution in Europe by helping companies adopt and govern AI technologies in a way that aligns with the continent’s rigorous regulatory environment. The company has developed a proprietary AI platform that enables enterprises—across banking and beyond—to embed AI into their operations without compromising on compliance. Whether it's GDPR, the AI Act, or DORA for financial institutions, altermAInd is determined to prove that regulation doesn't have to be a barrier to innovation. On the contrary, the team believes that with the right technology, compliance and speed can go hand in hand.

That thinking has informed every part of altermAInd’s technology stack—especially its database layer. Since its earliest days at illimity Bank, the team has relied on MongoDB to power agile, cloud-native architectures. Now, with MongoDB Atlas, they have found a fully managed solution that frees them from infrastructure management, allowing the team to focus on what truly matters, delivering rapid innovation, leveraging real-time data, and building exceptional customer experiences—all while staying firmly within regulatory guardrails.

“We’re leveraging technologies that allow us to be extremely agile, extremely quick to market, and extremely innovative while respecting the rules that we have in Europe,” says Filipe Teixeira, CEO, altermAInd. “That includes MongoDB.”

altermAInd logo
“You cannot present yourself on the market as a best-of-breed technology without having the velocity and performance that are in line with that offering. That’s why MongoDB Atlas is ubiquitous in everything we do at altermAInd.”
Filipe Teixeira
CEO, altermAInd

OUR SOLUTION

Powering innovation with compliance and performance

As altermAInd leads enterprises into AI-powered transformation, MongoDB Atlas supports that evolution as the company’s database cloud provider—scaling alongside its ambitious AI offerings. MongoDB Atlas’s tools and observability features assist altermAInd maintain real-time visibility and governance over data, ensure GDPR compliance, and enforce strict access controls for developers. This level of transparency and security is essential to altermAInd’s mission of managing customer data responsibly while delivering AI-driven innovation.

The company’s flagship products, Gravity and Nebula, both run on MongoDB Atlas. AI governance platform, Gravity, is designed to help companies oversee and control AI adoption within highly regulated environments. With MongoDB Atlas’s flexible schema and high-performance architecture, altermAInd processes massive volumes of real-time data and model interactions while maintaining the speed and precision critical for enterprise AI oversight. Plus, by leveraging MongoDB Atlas, the team can build AI agents on top of the platform, delivering intelligent, compliant experiences to customers. Nebula, on the other hand, is a powerful solution designed to help companies monitor service levels, detect disruptions, contract compliance data and automatically calculate impact and compliance. It uses MongoDB Atlas to collect and manage all the data required to monitor hyperscalers in real time enabling altermAInd’s customers to track service levels across complex infrastructure stacks.

Today, MongoDB Atlas supports services for over 200,000 retail customers and more than 10,000 businesses across Europe. Millions of transactions flow through MongoDB Atlas-powered applications every month, making it not just a technical choice—but a strategic enabler of altermAInd’s mission to deliver AI-driven innovation within strict regulatory frameworks.

“You cannot present yourself on the market as a best-of-breed technology without having the velocity and performance that are in line with that offering. That’s why MongoDB Atlas is ubiquitous in everything we do at altermAInd,” says Teixeira.

OUTCOME

Scaling innovation without compromise

For altermAInd, MongoDB Atlas has been far more than just a database—it’s been a catalyst for innovation at scale. From launching a fully cloud-native bank—scratch to production—in just eight months, to now powering advanced AI platforms, MongoDB Atlas has supported altermAInd through two major technological frontiers. 

To the company’s CEO, the biggest win is clear. “It's bringing innovation without compromising control or performance,” says Teixeira. “As a former CIO of a bank and now CEO of a company, that’s crucial for me. We don’t want innovation with a fragile backbone.” With MongoDB Atlas that backbone is robust, allowing altermAInd to maintain enterprise-grade performance, rigorous data compliance, and innovation—an essential “triangulation” for operating in highly regulated environments like Europe’s.

Today, MongoDB underpins altermAInd’s ability to collect, structure, and serve data at the speed modern AI demands. From real-time schema validation to low-latency data access, MongoDB ensures that altermAInd’s models—and its customers—can interact with data dynamically. This is especially vital as the company builds generative user interfaces, where AI agents generate personalized data views and customer experiences in real time.

Looking ahead, altermAInd plans to deepen its integration with MongoDB’s growing AI-native capabilities. The company is already exploring features like vector search and support for multimodal, generative workloads as it builds multi-agent systems and next-generation AI protocols. What began as a cross-application flexible-schema database is now becoming a core enabler of altermAInd’s AI-first strategy. 

altermAInd proudly recommends MongoDB to its own clients. After all, it’s the partner that helped them go from a team of 12 in a blank-slate office to launching a fully operational bank—and now, a market-leading AI company. As altermAInd scales its second “greenfield” transformation, it sees MongoDB Atlas remaining at the heart of its innovation engine.

“We’re entering a completely new era, where the AI agents we build will be central to delivering new business value and our offering to customers,” says Teixeira. “And moving forward, I believe MongoDB will remain at the core of everything we do.” 

altermAInd Logo
“We’re leveraging technologies that allow us to be extremely agile, extremely quick to market, and extremely innovative while respecting the rules that we have in Europe. That includes MongoDB.”
Filipe Teixeira
CEO, altermAInd

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