Topaz Launches Topaz Open and Brings Banking Core Robustness to the SaaS Model

A Topaz, one of the largest technology companies specializing in digital financial solutions in the world and part of the Stefanini Group, announces the launch of the Topaz Open, Strategic Evolution of its Banking Core for the SaaS Model (Software As a Service). The novelty marks a decisive movement of the company to democratize access to high-performance banking technology in Brazil, offering a more accessible, agile and operated alternative to financial institutions, such as cooperatives, fintechs and small and medium-sized digital banks.

the new offer, based on an instance single tenant – that is, separated for each client, with shared management -, it has as a basis the same robustness used by large institutions that operate millions of accounts. With that, the Topaz Open It guarantees scalability, security and continuous availability, now with deployment in a few months and lower cost.

“O Topaz Open It arises as a response to a growing market demand for complete solutions, but leaner in terms of operation and customization. Many banks and fintechs do not just want to change their systems, but want a platform ready to operate, with quick implementation and management of integrated infrastructure”, says Jorge Iglesias, CEO of Topaz.

Access to cutting-edge banking technology

Historically, Topaz's banking core was adopted by institutions with great complexity and robust technology teams. like Topaz Open, the company starts to serve institutions with smaller structures, which seek operational efficiency without giving up reliability.

The proposal is clear: to deliver the same high-performance technological base, but in a standardized, scalable offer, with management of Topaz itself. This reduces the customer's operational load and makes it possible to enter new players into the financial ecosystem with a tested, secure and ready to climb platform.

“It is the same cutting-edge engineering as the banking core, with a more accessible entry model, ideal for those who are starting or wanting to grow solidly. And if this customer evolves and wants to customize later on, the migration is simple, because he is already on the same platform”, adds the executive.

Differentials and new stage for Core Banking in Brazil

The Topaz Open It brings together a series of strategic differentials that position it as an ideal solution for financial institutions that seek agility, efficiency and security. The solution allows for accelerated deployment, with projects that can be completed within three months, thanks to a pre-configured structure. All infrastructure management is done by Topaz itself, in a subscription model with SLA due to technical availability, which reduces the need for large internal technology teams. Even with a more affordable entry cost, the Topaz Open It maintains the same scalability capacity, also offering flexibility for the future, with the possibility of migration to a more customized model without the need to change platform or technology.

Although Topaz already offers SaaS models in other Latin American countries, the launch of Topaz Open It represents the first offer in this format with Topaz's Core Banking in the Brazilian market. The experience with infrastructure, management and scalability is now materialized in a product that should accelerate the digital transformation of several institutions.

“ The future of banking technology is in allowing each institution to choose how it wants to consume innovation. Topaz remains committed to delivering flexibility, robustness and operational tranquility. him Topaz Open It expands this range and strengthens our role as a strategic partner for all customer profiles”, concludes Jorge Iglesias.