Product: Cinchy Dataware Platform
Company: Cinchy
Cinchy, a fintech company focused on data management, created the Cinchy Dataware Platform, a solution the company positioned as a novel alternative to traditional data integration models. Unlike other technology providers that attempt to ease the pain of data integration, Cinchy eliminates the need for data integration by identifying and solving data silos and data fragmentation, the company stated. Karanjot Jaswal, chief technology officer at Cinchy, pointed out that Cinchy fundamentally tackles the root causes of fragmentation in what he described as a huge step forward in developing a truly data-centric operating culture.
"Our technology decouples data from applications so it can be managed independently of any application while still allowing universal access to view, edit and control that data," Jaswal said. "By eliminating the need to manage, integrate and protect data in each application, organizations can build applications in half the time and cost, reduce project delivery risks, and enable copy-less and effortless data sharing across applications."
Describing the Cinchy Dataware Platform as a full technology suite, Jaswal detailed its features and benefits as enabling real-time data collaboration; accelerating application delivery by eliminating point-to-point integrations; giving users a single interface to view and update all data; and strengthening data privacy and security with new levels of access control. "The Cinchy Dataware Platform is a full technology suite that includes an autonomous data platform," Jaswal said. "It provides an operational data fabric, data persistence-as-a-service, automated data management, domain-centric data governance, active metadata and a unified data architecture."
Jaswal further noted that midsize and enterprise organizations use the Cinchy Dataware Platform to drive autonomous data, enable problem-solving through real-time data collaboration, and power unlimited data-centric solutions.
Its flexible, scalable design enables the Cinchy Dataware Platform to be hosted on-premise or via private clouds, Jaswal noted, adding that it combines numerous capabilities, including a single data management architecture; operational data fabric (bi-directional connectors); data persistence-as-a-service; data linking; universal data access controls; data collaboration log; automated data management; domain-centric data governance; active metadata; and no-code solutions delivery.
"The Cinchy Dataware Platform stands apart from other data management technologies, such as data warehouses, data lakes and data virtualization, because it eliminates new data silos and brings together operational data," Jaswal said. "And the platform enables organizations to bring together all the data within their organization, as well as link with outside sources, to deliver unparalleled insights with a 360-degree view of everything they need to run their business, deliver new solutions quicker, and incorporate real-time data into their payment solutions."
Jaswal mentioned that dataware is the next tech revolution after hardware and software, and the Cinchy Dataware Platform replaces the 40-year-old approach of integrating applications using ETLs and APIs, making data integration practices obsolete. The solution is deployed at PwC, TD Bank, Colliers International and YMCA, he added. By decoupling data from individual applications and managing data as a network, this next-gen technology accelerates digital transformation and empowers organizations, he stated, adding that the solution has garnered numerous awards, analyst reviews and industry recognition.
To help meet growing demand, Cinchy is expanding its partner ecosystem as it strives to help financial service providers and their customers optimize and accelerate Cinchy's pioneering data-as-a-network approach.
Dan DeMers, Cinchy co-founder and CEO, called the Cinchy Dataware Platform a timely solution for businesses around the world, many of which accelerated digital transformation and reduced spending during the pandemic. "Companies are quick to adopt Cinchy once they realize their competitors are doubling the productivity of their existing IT workforce simply by using our Data Fabric as the foundation for new systems development," he said.
Website: www.cinchy.com Contact: sales@cinchy.com
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