"The issue is that most of the banks have added new technology capabilities for access as channels on their old systems so the backend сore systems are last century. - says Chris Skinner, author of "Digital Bank" bestseller. - The reason it's not working anymore is customers to see the cracks in the wall, because banks have backend systems that are cracking and aching with legacy."
Corezoid can fix that problem - it is a platform for building agile processes that are triggered by realtime events. Corezoid is a PaaS tool for creating IT solutions with the use of automata-based programming with explicit state selection. According to Gartner report, by next year some 70% of most profitable organizations will manage their business processes using realtime analytics and collaborations. Those that would not are risking to miss the train.
"To provide the widest array of potential experiences, our underlying technology needs to become truly modular. We need the equivalent of Lego blocks supporting a wide array of designs simply and efficiently. To do this, software innovators need to decompose solutions down to the lowest common levels for the developers who rely on them," says Maxwell Wessel from Techcrunch Network.
Corezoid is exactly that kind of tool. And now it's available for global access on Amazon Marketplace. Developers from all over the world can create their own digital core to run and control all the processes existing in the company. Corezoid team has already set up processes for Mastercard, Western Union, Wargaming, Yandex, NEXT. Corezoid biggest corporate client is PrivatBank (Ukraine) with 33,000 processes running in the cloud.
Corezoid grants visibility into all aspects of systems operations by providing realtime dashboards of the business processes as they happen, 24x7. Business processes' states are now explicit and visible vs. being hardcoded somewhere deep in the code. Systems to support business processes are now being assembled on-demand in intuitive way to respond to business stake holders instead of being hardwired once and for all. As the legacy systems are being phased out and replaced, Corezoid helps move processing to the cloud away from home-grown facilities.
In a few words, Corezoid is Tesla in the world of back-end IT systems. It's a turnkey, plug-and-play solution for digital core that fits any size company, any industry.
Corezoid is a breakthrough, transformative technology. Realtime, holistic business process management is a departure from the traditional siloed model in which many leading vendors excel. Given the sizes of their existing codebase and the underpinning architectural assumptions, they are somewhat slow to embrace the new Big Process model. Corezoid has been created from scratch with the realtime responsiveness, transparency and agility in mind, giving it the edge over more traditional systems. The traditional BPM vendors (Oracle, SAP, Effectiv, jBPM, etc.) are big, pricy systems that less likely to take into account the needs any particular customer.
On a global scale, the value of investment in financial technology ventures amounted to approximately three billion U.S. dollars in 2013 and was projected to grow to around eight billion U.S. dollars in 2018.
Corezoid is a company founded in 2014 and registered in the USA, with developers office in Dnipropetrovsk (Ukraine). It's biggest private investor is PrivatBank (Ukraine). Corezoid team gained worldwide traction after participating in Finovate Spring 2015 (San Francisco), presenting at The Financial Services Club (London), publications in western media.
Corezoid pricing model on Amazon Marketplace is agile. Clients pay only for the amount of resources they consume: $0,056/hr - $0,112/hr for Amazon hosting and $0,10/hr-$0,22/hr for Corezoid software.
"We made it possible for clients from all over the world to easily access Corezoid cloud OS based on Amazon services ecosystem, that is acknowledged as trustful and reliable," says Alexander Vityaz, Corezoid founder.
