06 Sep Nexa to use cloud based banking platform provider SaaScada
Aiming to provide a truly alternative lending model that challenges the often-complicated commercial models used by traditional banks, NEXA Finance is dedicated to building brighter financial futures by connecting East Midlands based SME property developers and housebuilders with funders.
SaaScada cloud-native platform of open APIs enables new entrants to launch banking services and helps existing financial service providers cut the running costs drastically cutting clients development costs with as little as 12 weeks to build.
SaaScada's cloud-based agile platform and methodology enables us to deliver a high-quality service to our clients. And what really blew us away was the speed of delivery, ability to create tailored products as well their enhanced security underpinned by their impressive knowledge and experience of the financial services market.
SaaScada core banking platform is being used both in the UK and internationally by both new entrants and traditional financial services providers who wish to compete in their chosen marketsThe ability of the SaaScada platform to be implemented quickly, agile approach to product and service development plus the innovative partnership approach were just some of reasons that SaaScada was chosen.
Brian Cartwright, Managing Director at NEXA Finance said, “This was a major decision; we spent a great deal of time looking at many suppliers in the combined software and banking market however it became very clear that SaaScada were the right partner for us.
Nelson Wootton Chief Executive of SaaScada said, “We are immensely proud to add NEXA Finance to our portfolio of partners and deliver this innovative solution for their clients. It’s a competitive market with the continued offering of software vendors in the financial sector so it’s great to be appointed as an extension of the NEXA team based on our ability to constantly innovate and futureproof our clients