Oradian experience: the advanced, scalable technology that powers the Oradian core system
Oradian is highly scalable, maintains market-leading uptime with zero boot delay, full security controls and multi-factor authentication.
An extensible and flexible core system built on a robust tech stack.
Oradian’s core system is extensible through custom fields and provides multi-dimensional OLAP cube data array for sophisticated reporting. It is highly scalable, maintains market-leading uptime with zero boot delay, full security controls and multi-factor authentication.
It supports cloud agnostic hosting and runs on a progressive tech stack philosophy.
Moreover, it is ISO 27001 certified and has regular automatic vulnerability scans.
Real-time data streaming with Push APIs.
Oradian offers configurable push API integrations enabling financial institutions receive data automatically from other systems across their technology stack.
This is useful in alerting teams to changes, updates, news, or reminders across the core system, but it also enables external providers, existing in-house systems and customers to have real-time access to the latest information and data.
Push APIs increase efficiency and reduce the load on your core and other systems be reducing the number of API calls required while ensuring all modules across all systems are always up to date.
This allows for a constant stream of data between your core banking system, your customers, your teams and other API-enabled systems.
Where your connected systems don’t allow for Push APIs, Oradian also accommodates Pull APIs for full backwards compatibility.
Extensibility: Change, manage and parametrise your system with custom fields.
Many banking systems come with a pre-defined set of fields for their core modules – lending, deposits, accounting and so on.
When a financial institution wants to add and report on new data fields, as they launch new products or identify additional data points to help them manage risk – they have to request a change with the system supplier. This can take time, which slows down time to market, and can come at an additional cost.
Oradian provides thousands of pre-defined fields but also is enabled for no-code custom fields out of the box. The means you can add, configure and remove any additional fields across your core system without the need for in house development or external support. This can be enabled at an individual user or administrator level.
OLAP cube data array for sophisticated reporting.
Oradian structures customer data into three dimensional units called OLAP cubes. This unlocks the power of reporting and enables you to summarise your financial data by a multitude of different dimensions providing greater insight in a shorter amount of time.
For example, Oradian customers can analyse data from multiple years and multiple territories against a custom set of key business KPIs.
Coupled with Oradian’s dynamic reporting dashboards, Oradian offers unrivaled flexibility and versatility in reporting. Create your own reporting templates and processes based on your business needs and extract the exact information for your business-specific monitoring and data analysis.
Oradian’s flexibility in terms of data collection, as well as the possibility to tailor reports via our reporting templates functionality, allows you to design, monitor and analyse your day-to-day operational activities much more efficiently.
Built around scalability.
Oradian offers a high degree of scalability. Go from ten thousand to ten million accounts without waiting or paying for additional infrastructure, or make millions of API calls per day.
Our business model is designed to accommodate a large number of constantly growing customers on a subscription model. This forces us to continually upgrade and update services and migrate databases using logical replication and with zero downtime.
Our multi-instance, horizontally scaling architecture utilises a highly efficient codebase, reducing the overall server footprint and allowing us to seperate each customer within our data centres to always ensure that you receive the best performance possible.
This means you have full bandwidth and workload capacity even if another Oradian customer is doing some intensive migration work. For example, on one customer instance we have comfortably handled over seven million API calls per day with zero disruption to other customers.
Database performance and storage
- Single customer databases cope with multi-terabyte range
- No constraint on database growth
- Continuous optimisation of application/database interaction
- No archiving of data – all data is active and available in real-time
- State of the art flash SAN storage
- Serve hundreds of thousands of IO requests per second
- Throughput of tens of GB per second
Uptime and continuous deployment
- Blue-green deployment means zero boot delay
- Downtime is 0 seconds during deployment of maintenance releases
- Health exams on all components are performed every few seconds
- All system components are automatically and continuously monitored.
A progressive tech stack philosophy.
- Backend: Scala
- Frontend: React
- Database: PostgreSQL – transactional and analytical DBs
- Architecture: Model Driven Architecture (MDA)
- Multi instance environment: all customers on the same version of Oradian but in separate instances – separate databases and a separate application server for every customer
- APIs: Open API standard throughout
- Compliance: Hosting and database compliant with local regulatory requirements
- Security: two-factor authentication. Biometric facial detection.
Think bigger. Go further.
Come and see the future with us. Talk to one of our core banking experts.