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Corezoid Presents its Cloud Operating System for Building and Changing Business Processes

This post is part of our live coverage of FinovateSpring 2015.

COREZOID logo copyCorezoid is making its way to the stage now. The company is demonstrating its cloud-based platform to help FIs build better business processes.

Two classes of problems exist in software development:

  • Customer problems: it’s too long, it’s too expensive, lack of flexibility, high cost of updates, dependence on the developer, succession/inheritance
  • Developer problems: modern programming paradigm means programming with implicit selection of statuses resulting in a lot of inherent technical problems, it’s too long, succession/inheritance

Corezoid solves these problems by switching from writing the code to building the algorithm.

Presenters: Sergey Danylenko, chief marketing officer at Corezoid, and Antony Rogalskiy, chief marketing officer, PrivatBank

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Product Launch: November 2013

Metrics: $1 million raised; 5,398 enterprises; 27, 193 conveyors; 21,223,940,118 operations
Product distribution strategy: direct to business (B2B), through financial institutions

HQ: Wilmington, Delaware
Founded: November 2013