Demystify Podcast: Breaking the mould in banking technology with SaaScada
In this latest episode of the Demystify Podcast, Nelson Wootton, founder and CEO of SaaScada, and Matthew Breadon, the company’s CCO, join Dave and Dharm to discuss how frustrations with broken promises and the speed and agility of the core banking industry were the driving forces behind setting up a company with a new product that offers a flexible modern alternative.
Nelson and Matt demystify how SaaScada is navigating the evolving landscape of financial services. By decoupling financial products from the ledger system, they have introduced unprecedented flexibility to the core banking market. This allows the firm to operate atop any ledger system, transforming the traditional concept of accounts to support multiple ledgers within a single framework.
A prime example of the platform’s capabilities is SaaScada’s work with UK business bank Allica. Using its technology, Allica offers a current account with an integrated overdraft feature and an interest-bearing savings wallet.
Nelson tells us that the company is not just building a core platform, but creating an ecosystem that empowers financial institutions to expand their offerings and provide their customers with a more transparent, efficient, and personalised banking experience.
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Take a look at the full catalogue of episodes on the Dave & Dharm Demystify Podcast homepage.
