FASTPOST TECHNOLOGY
Changing the way finance thinks about technology How FastPost Technology is Transforming Finance
Legerity FastPost is an enterprise-grade, cloud-based accounting rules platform. We will take a tour through the exciting technology that brings our FastPost platform to life.
Legerity’s philosophy is centred on cloud computing and open-source infrastructure. We use the latest, best-in-class technologies, selected on the principles of scale, reliability and performance.
These are the technologies of tomorrow that are helping firms today, to harness the opportunities of a fast paced, data-driven, automated and digital world.
FastPost is offered both as a Software and Platform as a Service – SaaS and PaaS – providing flexible and rapid deployment options to match your business needs.
01 | FASTPOST TECHNOLOGY 4 Pillars of Tech
FastPost focuses on four key technology pillars:
1 Cloud 2 Performance & Scalability We are ‘Cloud Natives’ - our products and FastPost brings together the best of cutting- systems are architected specifically for the edge application design with a system Cloud, from enterprise class security to ultra- architected for maximum performance. high performance processing.
3 Open-Source 4 Integration Infrastructure
FastPost is an open and extensible ‘Integration’ is a key aspect of the FastPost platform built on best in class open-source platform – we are data driven and understand infrastructure. the importance and power of unlocking the potential in data.
Planning for the future starts in the present.
02 | FASTPOST TECHNOLOGY The Cloud
Legerity FastPost is Cloud native. Architected specifically for the cloud, from enterprise class security to ultra-high performance processing.
FastPost can be deployed rapidly in AWS data centres Leveraging all the benefits of hosting, anywhere in the world. provisioning and enablement – on market leading platforms such as AWS.
We operate at the highest level of enterprise security, with the experience of managing local, regional and global regulatory and data compliance.
The benefits of the cloud are transformative. FastPost delivers agility and ‘on-demand’ provisioning. Giving our clients greater choice, FastPost is monitored using comprehensive CloudWatch dashboards, ensuring optimum performance. and the ability to take advantage of SaaS and PaaS delivery models. We are reducing complexity and maintenance costs, moving a Capex spend to Opex, with the lowest TCO in the industry – reducing operating costs by more than 30%.
03 | FASTPOST TECHNOLOGY Performance & Scalability
FastPost brings together the best of cutting-edge application design with ‘ultra’ high- performance system architecture and the latest In Memory Data Grid technology.
By using networked servers, the In Memory Data Grid pools resources, allowing applications to scale across the cluster so millions of transactions can be processed in minutes.
Server processes scale linearly over multiple IMDG nodes and availability zones.
04 | FASTPOST TECHNOLOGY Disaster Recovery Support FastPost delivers ‘linear scalability’ - clients pay for exactly what they need, when they need it and can be assured that additional compute power is there on- demand.
Our advanced Disaster Recovery support has the fastest Return to Operations times available – from hot to warm standby, or calibrated COLD WARM HOT to your service levels / SLAs. (Active) (Active / Passive) (Active / Active)
FastPost is one of the highest performing accounting rules platforms on the market.
AWS Auto Scaling automatically adjusts capacity to maintain steady, predictable performance.
In the length of time it took to read this paragraph, our customers have processed millions of transactions.
05 | FASTPOST TECHNOLOGY Integration
‘Integration’ is a key aspect of FastPost, our APIs, connectors and web services are designed specifically for finance.
Our data model is best in class, drawing on our extensive domain expertise, specifically created for each use case and industry.
Data integration is simplified, with preconfigured pipelines, standardized terminology and metadata for the industry it’s being used in.
Financial Services - Trades and positions, loans, deposits, settlements, FX.
Insurance - Policies, groups, premiums and cashflows.
Telcecommunications - Contracts, portfolios, tarriffs, products.
We support all integration methods, from real-time streaming for complex event handling, through to legacy batch processing. And all message and data types, JSON, XML, database, through to traditional batch files.
FastPost is architected to co-exist in our client’s data eco systems and data lakes, with dynamic APIs to onboard new data sources rapidly. Leveraging enterprise-wide standardized Reference Data management and common sources.
FastPost’s data model is best in class and specifically Preconfigured pipelines simplify data integration. created for each use case and industry.
06 | FASTPOST TECHNOLOGY Open Source
Written in Java, FastPost PaaS is an open and extensible platform built on open-source infrastructure and leading open-source technologies.
Flexible workflows and process orchestration are delivered via market leading technologies.
As an open platform, we seamlessly integrate with the full cloud technology stack, leveraging best in class AI, Machine Learning and RPA technologies.
The time for proprietary infrastructure is over, and with Legerity you won’t be held ransom by legacy solutions that require costly third party licenses and expensive support arrangements.
With Fast Post – there are no hidden extras, our costs are fully transparent.
Low cost of ownership
Future proofed – benefiting from the massive investment by the largest tech firms
Skills are readily available to support and extend
Support of the exciting tools that millennials and the next generation of technologists are trained in
FastPost SaaS uses best in class cloud service FastPost supports Amazon SageMaker. Allowing management tools like Terraform to provide consistent developers to create, train, and deploy machine- CLI workflows across all services. learning models in the cloud.
07 | FASTPOST TECHNOLOGY Why Legerity?
At Legerity, we are the experts in cloud-based accounting rules software.
We have decades of experience in accounting regulation and have deployed FastPost to some of the most complex industries - including leading insurance firms.
With Legerity’s FastPost you get an enterprise-grade solution, SaaS or PaaS delivered, from a team with a track record of success.
Legerity. It’s our business to take care of yours.
Please get in touch if you would like to learn more about Legerity FastPost - a platform built on the technologies of tomorrow, helping firms deliver regulatory compliance and digital transformation today. legerityfinancials.com | [email protected]
08 | FASTPOST TECHNOLOGY we’re changing the way firms think about accounting [email protected] legerityfinancials.com
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