Faster client data onboarding
Data ingestion for FinTech
Avoid delays with getting new data into your financial platform. Create repeatable data integration processes to ingest data fast and get clients up and running quickly.
Automated data ingestion for financial services
For fintech and financial services organizations, effective data ingestion - loading data from multiple sources to your platform - is the difference between fast client onboarding and costly errors and delays.
Fintech companies face distinct data ingestion challenges such as meeting tight SLAs for transaction processing, handling high volumes of data often in real-time, dealing with legacy formats alongside modern APIs, and validating regulatory requirements.
CloverDX automates fintech data ingestion end-to-end, helping you ingest data in any format, apply always-on validation rules for compliance, and reduce manual effort.
Automate data ingestion
Onboard data in any format, from any source
Fintech platforms, banks and payment providers all have strict data format requirements, and often need time-sensitive data processing. With CloverDX's flexibility, you can connect to any data source and convert data easily.
Accelerate setup time for new data by sharing reusable building blocks and creating automated data ingestion and transformation frameworks for faster client data onboarding.
- Onboard data in any format, from any source, with automated workflows.
- Run end-to-end processes on a schedule or trigger - from ingestion through validation and transformation, to loading to your target.
- Work with even legacy data formats that are often hard to integrate to modern workflows.
Reduce manual effort
Automate manual processes
Repetitive, manual data processes not only take time, but are prone to error. By automating these data workflows, you free up time, guarantee consistency, and improve visibility.
See how Ortec Finance reduced the manual effort that went into their quarterly reporting by up to 90% by automating their data flows.
“It's really the click of a button and we run the system. Instead of having typically a 4 or 5 day process of people preparing the data, running the models, checking the results and building the reports to send to the clients, we’ve reduced that to half a day or less.”
- Thomas Hage, Senior Consultant, Ortec Finance
Always-on data validation
Make data validation easier
Fintech often means complex data validation rules. With CloverDX you can create custom validation rules as part of optimized data ingestion workflows, so they're always-on, helping you comply with SLAs.
For example, one CloverDX customer uses API Data Services functionality with a Stripe payment webhook. This confirms, responds and verifies transactions within five seconds.
There were nay-sayers that said 'you're not going to find the combination of performance with the ability to have non-developers use the platform. But CloverDX actually met that requirement."
Debby Planer
Head of Connectivity, FIA Tech
Discover how a global financial technology provider streamlined data onboarding
Discover how FIA Tech, a global leader in financial services, accelerated data delivery with CloverDX, empowering multiple teams to work together on the onboarding process for over 8,000 clients, to enable rapid, reliable data processing.
Flexible and extensible
Simple integration with other technologies
Work with any technology you need for different functions. CloverDX’s Java-based approach makes it simple to extend capabilities through coding wherever you need.
It works with open source technologies, such as Kafka, to queue and process requests, as well as bring different pieces together.
Data integration for FinTech: Case study examples
Automating processes with CloverDX
A centralized gateway for transaction processing
A financial services company needed a timely, governed process for transaction and online dispute resolution. Using CloverDX, they built a centralized gateway to automate the data processing. CloverDX handles vast amounts of data while complying with tight SLA timelines.
Flexible processing for fraud detection
Detecting fraudulent requests for chargebacks at the time of a transaction is challenging, requiring an extensible system that can connect to different systems in different ways. With CloverDX, you can process data in real-time and batch, from on-premise or cloud, and from a variety of databases and applications.
Processing millions of trades per day for FinTech platform
FinTech company Point Nine needed to scale their SaaS regulatory reporting platform. With CloverDX, they got the flexibility and reliability to ingest, validate and transform a variety of data, without needing to hire more expensive developers.
How fintech and banking companies are solving complex data challenges
Watch the webinar where we look at several real-world use cases of companies modernizing and automating data processes.
Automate ingestion of your financial data
Discover more about how you can automate your data onboarding pipelines with CloverDX and:
- Integrate with any data source or format
- Reduce data onboarding time
- Process large volumes of data
- Automate data validation with custom rules
- Enable business users to manage data
Make ingestion of financial data easier
Discover more about how CloverDX can help automate data ingestion pipelines and help you:
- Reduce data onboarding time by up to 90%
- Process millions of transactions daily
- Automate validation with custom rules
- Integrate with any data source or format