What Are the 4 Benefits of Using Serverless FinTech?

Serverless Fintech

We have seen an exciting shift in the finance industry in the past decade, with innovative technology such as serverless FinTech now being more prominent than ever before.

As a result, APIs (Application Programming Interfaces) are being applied across many sectors, whether you have a start-up or a large scale organisation looking to expand your ecosystem productively.

At Orenda, we can supply your company with a backbone to run your apps seamlessly.

 

What is serverless FinTech?

It is a simple, maintenance-free, cloud-based system. The back end of your app functionality is run by our Orenda cloud-based server, with no building or maintenance required by the client. This allows for the creation and maintenance of applications without the burden of managing the basic infrastructure, such as maintaining the servers yourself, timeously problem-solving when a possible maintenance issue occurs, or hiring additional costly staff to monitor the servers.

This is why Orenda has developed a seamless no code solution for any company to ensure you are able to jump aboard this sustainable trend. By adding serverless FinTech to your business architecture, you will also have a faster go-to-market time, all the while boosting productivity and opening up new streams of revenue for your business.

Due to the ease of integration and benefits listed below, there has been keen interest from organisations wanting to apply serverless FinTech. The client is no longer responsible for managing back-ends like before, as we take care of the server and hardware management. This optimal output ecosystem allows you to grow your company intuitively, focusing on customer relationships and partnerships while we run the servers for you.

 

What are the four major benefits of serverless FinTech?

Cost effective

  • No need for costly additional developers.
  • Don’t need staff to monitor the server.
  • Don’t need costly maintenance done on the server.
  • Application delivery is fast, no need to waste time and spend money on production.
  • You get world-class technology.

 

Security

  • No outdated security concerns as Orenda has multiple levels of security in place.
  • Using the resources, tools and technology from reputable giants in the industry such as Google and AWS, we are able to ensure the highest level of security, offering complete monitoring and prevention of viruses, malware attacks, phishing attempts and server hacks.

 

Scalability

  • Once you are set up, you can scale unlimited, effortlessly, and save cost.
  • Grow your audience at your pace.
  • Completely automated and flexible system with improved performance on your site, and your maintenance is reduced.

 

Faster time to market:

  • With our reliable solution in place, your company will be taking leaps instead of steps ahead of competitors.
  • The instant infrastructure and support change go-to-market times from months to days.
  • Enabling the launch of new services quickly.

 

Taking advantage of this opportunity and upgrading to serverless FinTech with its multiple benefits, you are sure to add more offerings to your portfolio and simplify daily operations.

 

We have a dedicated team and servers to ensure your app runs seamlessly. So contact Orenda today – we are excited to help you grow your business platform.

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