01. Problem
A team of experienced finance experts and industry veterans established a new company and selected us to become their main development team designing and implementing a next generation leading edge accounting engine. The main requirement was to deliver a modern finance platform of outstanding technical capabilities, and support the client in technical journeys through proof-of-concept and implementation projects. Agile process, short delivery cycles and close collaboration where necessary to effectively build a product that can become a leading solution and start winning over established competition.
![](https://stratoflow.com/wp-content/uploads/2018/08/finance-saas-wide1-problem-820x345.jpg)
02. Solution
Innovative architecture based on in-memory data processing and open source solutions was designed to provide a highly scalable, high performance accounting engine, ledger and reporting system. The system is available in the cloud what speeds up implementation, limits on-going costs and enables to scale up and down depending on the current volumes. Modular architecture makes any functional extension a natural step in product evolution still tailoring the solution to actual needs of a given client. Development team located in our office in Poland provided the client with access to top notch specialists and seasoned technical consultants at attractive rates what made a substantial advantage over the established competitors.
![](https://stratoflow.com/wp-content/uploads/2018/08/solution.jpg)
03. Results
The system is now live capable of processing in the cloud over one billion financial transactions within an hour and quering billions of balances in sub-second times. The product was successfully implemented in the major telco and insurance companies around the world and directly competes with systems offered by Oracle, SAS, SAP or Moody’s delivering a clear business and technical edge for the clients. The core architecture builds a solid foundation for the product to evolve for years to come.
![](https://stratoflow.com/wp-content/uploads/2018/08/finance-saas-wide1-820x273.jpg)