Country for PR: United States
Contributor: PR Newswire New York
Thursday, July 08 2021 - 09:00
AsiaNet
Australian Fintech Launches Hay-as-a-Service, Managed by Appian Low-Code Automation Platform
SYDNEY, July 8, 2021 /PRNewswire-AsiaNet/ --

--Hay streamlines and automates the management of its embedded finance platform 
with low-code plus complete automation

Appian (NASDAQ: APPN), today announced that Hay, the Australian headquartered 
FinTech company, is ramping up growth through its "Hay-as-a-Service" (HaaS) 
with the support of the Appian Low-Code Automation Platform ( 
https://c212.net/c/link/?t=0&l=en&o=3218742-1&h=4237173442&u=https%3A%2F%2Fappian.com%2Fplatform%2Foverview.html%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dfs-2021%26utm_term%3Dcustomer-hay&a=Appian+Low-Code+Automation+Platform 
).

Logo - https://mma.prnewswire.com/media/1488235/Appian_Logo.jpg 

Hay-as-a-Service provides fast, secure, and customisable financial services 
processing for financial and non-financial businesses.  Because the solution is 
supported by a low-code automation platform, HaaS is able to deal with all of 
the complexities of managing its services at scale for its clients. This allows 
HaaS and its clients to concentrate on delivering value for their customers, 
knowing that management support for any new innovation can be implemented risk 
free and at speed using Appian.

"The move from traditional finance to embedded finance is accelerating across a 
range of sectors because it gives an organisation more ownership of the entire 
customer journey," explained Jason Latham, Chief Information Officer at Hay. 
"The single pane of glass we developed on Appian's low-code platform allows us 
to manage our platform and our client's embedded finance products with ease, in 
a low-touch fashion with a minimum of manual effort and intervention.  This 
allows us to concentrate our skilled resources on our HaaS platform."

The HaaS solution offers one modern API frontend for individual companies to 
enhance their customer experience. The HaaS platform is a pure microservice, 
cloud native offering and includes a range of configurable and flexible 
microservices modules, such as accounts and core banking, payment processing 
and management, financial crime, data analytics and insights, card services 
including ApplePay, GooglePay and other digital wallets, loyalty and rewards 
and onboarding new customers.  HaaS has built a single pane of glass using 
Appian ensuring it has a robust, tier 1 back-office platform to manage its 
operations that can be developed, risk free, at high speed.

"Hay is leading the way in innovating the FinTech space, both through its Hay 
retail brand and HaaS solution, by leveraging low-code automation," said Luke 
Thomas, Regional Vice President APAC at Appian. "Flexibility and speed are at 
the core of what Appian provides and we're proud to support Hay in extending 
their services so other companies across the world can take better advantage of 
embedded finance."

HaaS has provided a full suite of transaction  services and significantly 
accelerated timelines for Nano Home Loans, a mobile-first non-bank lender,  who 
launched in Australia last week. 

"HaaS removes the complexity of the payments ecosystem and replaces it with a 
one-stop seamless solution," said Andrew Waler, CEO & Co founder at Nano Home 
Loans, a mobile-first non-bank lender that launched in Australia in 2020. "It's 
so fast and flexible that it allowed us to remove upwards of six months of 
build and integration from our timeline."

About Appian
Appian helps organisations build apps and workflows rapidly, with a low-code 
automation platform. Combining people, technologies, and data in a single 
workflow, Appian can help companies maximise their resources and improve 
business results. Many of the world's largest organisations use Appian 
applications to improve customer experience, achieve operational excellence, 
and simplify global risk management and compliance. For more information, visit 
www.appian.com. 

SOURCE: Appian

CONTACT: Corinne Nolte, Mulberry Marketing Communications, +61 3 9023 911, 
cnolte@mulberrymc.com