NEW YORK, April 19, 2018 /PRNewswire/ -- IntellectEU, the
fintech integrator focusing on blockchain networks, today announced
Catalyst, a next-generation platform connecting business
applications, financial market infrastructures, and modern
blockchain networks. Catalyst is the first platform to integrate
with multiple blockchain networks including networks built with
Hyperledger Fabric.
Financial Services organizations are often comprised of hundreds
of applications that are custom-built, acquired from a third party,
or part of a legacy system, all operating in multiple tiers of
different operating system platforms. This complexity makes it
difficult to integrate with modern blockchain-based networks.
Catalyst has been designed to connect these traditional
infrastructures with modern blockchain networks while adhering to
the strict non-functional requirements (high availability,
resilience, reliability) of the financial services industry.
"The financial services industry is under pressure to innovate
faster than ever while continuing to run efficiently and securely,
and the benefits of distributed ledger technology have provided the
opportunity to re-architect the industry," said Hanna Zubko, IntellectEU CEO. "At the same time
enterprise blockchain projects cannot run independently; they have
to become an integral part of the enterprise infrastructure.
Catalyst allows financial institutions to integrate their
blockchain solution of choice with existing back office
systems."
Built for the financial services industry, Catalyst integrates
existing customer environments with blockchain solutions based on
Hyperledger Fabric, including solutions leveraging IBM Blockchain
Platform and Oracle Blockchain Cloud Services. The platform, which
is compliant with ISO 20022 standards, is compatible in a
multi-standards world, supporting interoperability across different
business units and organizations.
"Efficient and effective integration with legacy financial
infrastructures is critically important to the widespread adoption
of distributed ledger technologies," Brian
Behlendorf, Executive Director, Hyperledger. "As a valuable
member of our community, it's great to see IntellectEU actively
working on enabling financial services organizations to integrate
Hyperledger Fabric directly within their existing
environments."
"Catalyst bridges the gap by integrating an array of blockchain
technology solutions with existing financial infrastructures," said
Thomas Bohner, Catalyst Product
Manager, IntellectEU. "Catalyst offers flexible set-up, minimized
maintenance cost and a low cost-entry while providing efficient,
reliable, and secure data exchange between multiple enterprise
applications."
Catalyst is generally available now from IntellectEU. For more
information, visit www.catalyst.intellecteu.com or
www.intellecteu.com.
About IntellectEU
Servicing financial institutions, corporations, and vendors,
IntellectEU is a fintech integrator focusing on connecting
back-office systems to blockchain networks including networks built
with Hyperledger Fabric. With more than 10 years of hands-on
financial integration experience, IntellectEU is a founding member
of the Linux Foundation's Hyperledger as well as the integration
partner of IBM Blockchain and Oracle Blockchain Cloud Services.
Additionally, IntellectEU has SWIFT integration experience and
partnership. IntellectEU international presence includes offices in
New York, Brussels, Lisbon, Coimbra, Munich, Mexico-City and Kiev. For more information, visit
www.intellecteu.com.
Media Contact
Ray
George
650-922-3825
pr@intellecteu.com
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SOURCE IntellectEU