Evolutive Data Core

FintechOS runs on an evolutive data model. It extracts data from legacy systems, processes and repositories, moves it to the cloud and enriches it by combining and connecting it with contextual and external sources.

A Conceptual Data Model is fundamental to understanding how data is organized and how data elements are related to one another. It identifies basic data concepts, commonly referred to as entities, and the relationships between entities. Entities are comprised of attributes to define the characteristics of entity records. In Innovation Studio, you can create a well-defined data structure in database to identify the business concepts (entities, attributes, relationships), define data characteristics and also define how the data is related.

Defining the attributes is part of the logical model, while creating the relationships between entities is the physical model and FintechOS gives you the possibility to create a physical data model using Innovation Studio Data Model Designer.

The evolutive data model stands at the core of all FintechOS banking and insurance products, adapting and evolving as they change. It makes hyper-personalized offerings and data-driven business models possible.

With unlimited scalability and no-code extensibility, the evolutive data model is also open through APIs and designed for easy integration via data pipes. For information on how to create and to explore data models, see the Innovation Studio User Guide, section Evolutive Data Core.