The Vault platform uses an API-driven architecture allowing banks to build any stack they want. A bank can choose to integrate with existing sources of truth in the bank, and other leading technology vendors. Real-time data is also published across all components, allowing the bank to have full visibility and instant access to valuable customer and system data.
Banks can:
- Increase the responsiveness to business change by enabling real-time actions to be taken based on streamed events
- Have intra-day financial positions, real-time fraud detection, and up-to-date views on financial and operational risk
- Use near real-time granular data to enable advanced analytic capabilities such as machine learning
- Event data is product agnostic, enabling changes to be made to a product’s underlying smart contract without the need to alter the downstream integrations that receive these events. Similarly, integrations can be changed without intervening in product functionality.