FinTech Magazine October 2024 | Page 22

EXECUTIVE INSIGHT How is SaaScada ’ s core banking offering different to others
raw data associated with that transaction . This includes data from cloud processors , exchanges and payment systems – we keep every possible piece of information .
We process these transactions as unstructured data because different systems have varying data structures . We then employ a sophisticated eventing system that takes this unstructured data and allows our clients to build bespoke data reports , extracting even the most obscure bits of information buried deep within the data . This combination gives our clients incredible insight into what ’ s happening inside their bank . The smartest clients use these insights to refine the products they take to market , creating a cyclical process . It enhances their ability to launch new products quickly and see which products are performing well and which aren ’ t .
This whole process feeds back on itself , creating a continuous loop of improvement and innovation . It ’ s quite different from anything else in the market , enabling a level of datadriven decision-making that ’ s truly transformative for our clients .
22 October 2024