Real-Time Data
With the pace of modern banking any barriers to real-time data can be costly, both in terms of transactional and your development timelines.
SaaScada’s Transaction Processor was built for maximum throughput using the scale benefits of a noSQL database and the precision/traceability of event sourcing architecture. Optimised for write operations and decision logic, it publishes events for consumption by our read only data projections which provide the query side of our ledger system. This architecture, known as Command Query Responsibility Segregation is the key to unlocking real-time data insights. So, not only do we deliver lightning fast transactional throughput but we also shorten the reporting feedback loop so you can gain immediate understanding of how your customers are using your products,
Legacy technology was not built to deliver the transactional throughput required today so will often rely on methods such as shadow ledgers to mimic real-time data.
Customer Experience
By harnessing real time data you can deliver the first-class banking services your customers expect. With the speed and complexity of modern banking, latency can break even the most basic of offerings so we handle and deliver all data in real time to ensure that you and your eco-system partners can deliver exceptional customer experiences from the very first touch point. Our data is unstructured which means it can work with any partners in the ecosystem to deliver data compatible with their architecture.
Reporting
Your customer data is one of your most valuable assets but some of that value is eroded when there is a time lag for reporting. It can take weeks, even months, for reporting to be compiled from different systems in a bank.
Our unique approach to data separates the storage of transactions from the way it is consumed for downstream reporting. Once processed by the SaaScada ledger, transactions can be transformed into an infinite number of data structures for reporting purposes. Consume financial and account lifecycle data directly from our open API or consume events in real time and push them into your data lake for processing.
Co-existence
If you are struggling to innovate with your legacy technology, we can help you drive innovation by sitting alongside your existing core to enable you to build new products without the limitations of your current systems. Our approach to data means that we can fit into your existing systems for seamless reporting.
This enables you to de-risk new product innovation and also smooths the transition if and when you migrate existing products to SaaScada.
Find out how we can help you
Contact us to learn more about how SaaScada’s data-driven Core Banking platform can help you build innovative new products.
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