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NewProducts

Augment, empower legacy tech

with all-inclusive platform

able UI libraries and product performance analytics. These
updates, they pointed out, will help remove barriers to
business innovation while providing customers with the
necessary tools and resources to drive collaboration inter-
nally and accelerate the launch of financial products.

intechOS provides a fintech enablement platform In the newest release, FintechOS also furthered its ability
designed to help banks and insurers launch to deliver on innovation while working with both legacy
and service financial products quickly and cost technology and an ever evolving set of ecosystem technolo-
F effectively while modernizing their existing tech gies, FintechOS representatives stated, adding that these
stacks. The company's technology includes a fintech-specif- capabilities drive better internal collaboration and faster
ic no-code/low-code studio and composable data core that product launches and journeys, including embedded com-
forms a foundation for personalized products and journey merce, across all channels. The end result, they noted, is
creation. that participants can deliver new and personalized offer-
ings to market for consumers.
Teodor Blidarus, CEO and co-founder of FintechOS, Leverage best-in-class tech
noted that established financial service and insurance
providers with legacy platforms aren't sufficiently agile to Among the platform's nearly limitless potential and possi-
compete with fintech and insurtech startups, stating the bilities, the fintech enablement platform enables participat-
company "is addressing these challenges and advancing ing financial institutions and insurance providers to launch
fintech enablement with solutions empowering digital and update digital products across any line of business and
transformation." Blidarus went on to say that FintechOS to build high quality digital journeys for their customers
focuses on augmenting and migrating a partner's or client's and partners, FintechOS representatives pointed out.
existing book of business, digitizing customer journeys,
leveraging new channels and launching new markets. In addition, the company noted, participants can use the
platform as a launchpad for embedded finance offerings
By helping modernize rather than replace core capabilities, in new channels, as well as modernize by automating and
he stated, FintechOS lets organizations derive all the ben- digitizing back-office servicing, consolidating data across
efits of modernization without the risks of replacing their legacy systems, and accelerating their core modernization
core technologies. In addition, this approach reduces the strategy.
effort and complexity of creating and updating financial Explore, experiment, innovate
products and removes dependency on large, highly skilled
teams, he noted. FintechOS believes its fintech enablement platform is an
Fintech enablement ideal way to explore, customize and deploy the latest tech-
nology trends, using, for example, the enormous potential
FintechOS unveiled fintech enablement, a new concept de- of ChatGPT and generative AI (GAI). The ability to train
signed to enable and accelerate innovation within an insti- large language models on vast amounts of unstructured
tution's existing tech environment. An Aite Novarica white data could yield the largest transformation the financial
paper, The Benefits of Fintech Enablement, published April 27, services market has seen in decades, the company added.
2023, described the concept as "a way for FIs to accelerate
and future-proof their approach to innovation." A copy of "Why be hampered with legacy core systems that are no-
the paper is available at https://fintechos.com/whitepaper/the- toriously closed off to new tools and technologies, when
benefits-of-fintech-enablement/. FintechOS representatives you can leverage this platform?" FintechOS representatives
noted the fintech enablement platform enables financial said. "Our approach with the FintechOS platform lets com-
institutions to stay relevant and grow in what is an increas- panies take advantage of GAI innovation today – in a very
ingly competitive environment, while providing consum- simple yet highly transformational way."
ers with better and more inclusive access to financial ser-
vices. Company: FintechOS
Continuous updates Product: Fintech enablement platform

FintechOS continuously updates its platform, the company Website: https://fintechos.com/
stated, adding that the newest release includes extensive Contact: josie.sutcliffe@fintechos.com
predefined financial products and digital journeys, reus-
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