SaaS solutions provider Zafin has introduced IO Canvas, a low-code builder that redefines data integration for financial institutions.
This tool is designed to simplify the complex process of integrating core banking systems with new technological infrastructures.
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IO Canvas allows banks to easily visualise and build data pipelines, reducing the need for custom coding. This enables banks to allocate their senior technical teams to more strategic tasks.
The low-code builder is built atop Zafin IO, which streamlines integration processes, offering a scalable solution for banks to adapt to changing needs. The development and deployment time for data integration can be drastically reduced with IO Canvas, stated the vendor.
IO Canvas is equipped with more than 200 connectors, including those from Redpanda Connect, facilitating seamless integration with core banking systems and Zafin’s features like Tiering and Dynamic Cohorts.
It is beneficial for technical teams within banks, catering to the need for faster release cycles and quicker feature delivery.
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By GlobalDataBesides, it democratises the creation, operation, and monitoring of data pipelines, making it accessible for users with varying levels of technical expertise to develop production-ready pipelines.
This empowers banks to rapidly move from concept to execution with greater predictability and confidence.
Zafin chief product and technology officer Shahir Daya said: “IO Canvas is a transformative addition to Zafin Integrate and Orchestrate (Zafin IO), purpose-built to empower financial institutions with a low-code solution that accelerates the integration of legacy and modern systems.
“With IO Canvas, banks can move beyond traditional coding to a visual approach that reduces time to market by up to 60%, while maintaining rigorous standards for data consistency and quality.”
In August this year, Zafin and 10x Banking partnered to drive innovation in banking by offering an end-to-end core system integrated with advanced product and pricing capabilities.
