Cyoda

Traditionally, systems development in Financial Services takes years, is expensive, and results in complex, single purpose systems, that are difficult to change. Cyoda is a technological innovation, engineered explicitly to address these distinct Financial Services challenges. Our technology accelerates project delivery, yields value faster & reduces the required investment. This disruptive approach, enables firms to forge extendable, multi-purpose systems to meet present & future needs, whilst massively reducing BAU costs. Cyoda provides a modular pathway to modernising your application, reporting and analytics estate in a controlled and measurable way. The approach avoids the challenges associated with canonical data models (slow to build & change), conventional relational databases (do not scale) and data lakes (difficult to extract data). Every aspect of Cyoda has been designed to accelerate project delivery, operate robustly at scale, and be easily changed or extended to meet new requirements. Cyoda may be used either as a highly capable & flexible platform to build solutions or as the central data hub providing consistent data to multiple external services & applications. Benefits include: - Enable rapid ingestion & indexing of all data from source systems within days or hours, requiring only a schema & description - Leverage Cyoda’s workflow engine to drive efficiencies in reconciling, enriching & transforming data - A visual workflow designer to enable business logic to built rapidly & transparently