Our core technology is based on 6th generation financing platform, specifically designed for the multinational lessor.
We have completely moved away from the monolithic design and split our solution into smaller modules and micro services.
Hardly any available standard systems meet the needs of the Lessor of IT equipment. On the contrary, standard systems are usually designed for the Lessee, or other industries such as consumer finance and car leasing. Standard systems have typically no concept of DaaS or Equipment Finance at all.
DaaS technologically, as well as organisationally, challenge the lessor with significant business process- and system changes. A DaaS concept doesn’t fit well with traditional, transaction-oriented and often manual, equipment finance processes or lease schedules. DaaS require comprehensive business automation and API integration.
Faastech has has built a state-of-art 6th generation, module- and micro service oriented financing platform, allowing rapid deployment of new DaaS business models.
Speed and and flexibility is the key to a rapid DaaS rollout. We use a combination of ultra-scalable and standardised APIs in combination with low/no-code standard user interfaces that employees mostly already are familiar with.
We use terminology and concepts most equipment finance staff already are familiar with.
This allows us to roll out new features at a very high speed and it makes the system flexible, to adjust to local needs.
Embedded into our core is a powerful business automation and business rule engine.
We can orchestrate and automate literally anything, from workflow automation, API calls, validations, external services, legacy integrations and so on.
Faastech is built from the ground up to integrate with customers and partners at all levels, and from anywhere in the financing process.
Faastech can machine-talk to any other systems, and integrate external 3rd party services into our Rest APIs and Faastech Workflow Engine©.
All Faastech applications and APIs share a common data model, carefully designed and laid out based on our 25 years data and design experience. All our modules and services are in fact all integrated at a data level. However, they also work independently
Our custom data model is also integrated with Microsoft Dataverse. This opens a whole array of possibilities to integrate Faastech with other systems and services, and any available service offered through Microsoft Azure.
Entra ID can be used for SSO across all our services.
Faastech is also integrated with Microsoft Azure, Microsoft 365 and MS Office. For example, your staff can use MS Teams to co-work on data records in the system, during a sales or credit process. To mention but a few.
All our products are possible to white label. We promote your brand so Faastech is invisible to the user.
Faastech runs entirely in the serverless cloud and all APIs run as hyper-scalable micro-service APIs.
All our systems and logic can potentially be accessed through APIs.
The Faastech Data Factory can potentially integrate with over 90 different standard systems.
