Monolithic relational databases are the traditional foundation of financial core ledger systems. Nevertheless, the process of building and operating mission-critical ledgers to track and reconcile payments and money movement is complex.
Twisp is rethinking core accounting and financial orchestration on a cloud-native ledger system, so developers can stop re-invented the ledger and focus on building products their customer’s love.
When you provision an instance of the Twisp accounting core, you get a transactions ledger for double-entry accounting, a chart of accounts to represent any economic activity, and layered balances for tracking settled, pending, and planned funds flows. All of this is accessible via a straightforward GraphQL API.
In this episode, we speak with Jarred Ward, Co-founder & CEO of Twisp.
Previously, Jarred was principal engineer at Simple, the first neobank, and later led the team building Open Platform at BBVA, one of the first banking-as-a-service products.
To learn more about Twisp and get access to a sandbox ledger, go to: https://www.twisp.com/
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The post Twisp: Reinventing the Ledger with Jarred Ward appeared first on Software Engineering Daily.
