Financial services
Break down data silos between departments, subsidiaries and partners and create a unified view of customer data, to reduce exposure, stay compliant, and automate settlements in real-time, with tamperproof, traceable, and efficient data collaboration.
Our solutions
Asset Securitization
Eliminate manual reconciliation and due diligence, improve reporting and compliance through real-time access to immutable asset level data.
Payment Processing
Manage cross border payments via SWIFT or Western Union and automate daily settlement of sales by collaborating with merchants and facilitators.
Insurance
Streamline insurance/re-insurance sales, and cross-insurer claims investigation, without data duplication, reducing disputes and improved customer experience.
Know your customer (KYC)
Streamline financial account management through a verified digital identity to reduce exposure to fraud and money laundering.
Customer 360
From loan origination to servicing details, get a 360-view of your customer data, so you can manage risk, minimize fraud, and offer personalized financial products to your customers.
Our differentiation
Vendia’s data collaboration platform facilitates real-time, tamper-proof, and harmonized data sharing between multiple parties or systems, within and outside your four walls.
Real-time responses to real-time changes
Unlike ad-hoc, manual, or nightly batch processes to share data in your ecosystem, Vendia enables partners to collaborate on shared data in real-time. Everyone sees data changes as they happen, and when these changes put production at risk or present new opportunities to optimize, you can act in real-time. Rich set of data is instantly available for advanced analytics and machine learning tools.
Proprietary consensus protocol
Unlike ad hoc manual or period batch processes to reconcile data among parties, Vendia handles reconciliation instantaneously, leveraging our proprietary consensus protocol, which is based on blockchain technology.
Auditable ledger
Unlike other solutions, Vendia maintains an auditable, tamper-proof ledger that keeps track of every transaction from everyone in the ecosystem. Regulatory compliance is streamlined, and data consistency and resilience across participants is instant.
Real-time conflict awareness
If conflicts do arise during the reconciliation process, all impacted parties are immediately made aware and can act. Timely action drives efficiencies and minimizes any downstream impact.
Easy partner onboarding and integration
Unlike solutions that require large development teams just to onboard a new partner, Vendia enables partners to collaborate with a single click. We offer low-code no-code platform which can be used by developers as well as business analysts, enabling seamless event-based integrations with existing systems like ERP, CRM, Data Lakes, Analytics, and ML tools.
Trust, security, and control
Unlike a centralized approach to data sharing, Vendia allows each participant to retain full control of the data they share. Participants can choose whom to share with, and how much to share by partner, record, and field basis. Additionally, each partner can customize their preferred authentication and authorization mechanisms, without impacting others.
Resilient, secure, and fully managed cloud infrastructure in minutes
Unlike other value chain or supply chain solutions, that also require dedicated system management teams, Vendia offers a managed service with multi-cloud resilience, which is available in minutes.
Other industries
Manufacturing & Logistics
Gain supplier transparency, product or service traceability, complete data governance, and improved quality controls, with real-time n-tier data collaboration and instant reconciliation.
Travel & Hospitality
Drive stickiness and personalized customer experiences by streamlining ticketing, settlements, and loyalty transactions across partners and programs, with compliant data collaboration.