Monedo ’ s data sources
Monedo ’ s data sources
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185 should refrain from building everything in-house . You really need to leverage the existing solutions that are out there .
“ It ’ s a journey we also went through ,” he continues . “ We had a tendency to build everything in-house , until recently we moved to a new cloudbased architecture where we replaced all sorts of components with third party components .”
A key example is Monedo ’ s loan management and servicing platform built by Mambu , which provides cloud solutions for banks and lending businesses . The two companies worked closely together to develop the functionality that Monedo needs . “ It ’ s a balance , I think third party components certainly find their place in every organisation that utilises a sophisticated architecture for their products ,” says Dr . Papakonstantinou .
When he first joined the organisation as a senior data scientist in 2014 , it was still a relatively young company , known as Kreditech . The last two years has seen it undergo a strategy refocus and rebrand as Monedo , with the appointment of Dr Papakonstantinou as Chief Data
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