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What is Persistence?

Persistence operates as a Layer-1 network utilizing the Tendermint/Cosmos framework, aimed at promoting a range of decentralized finance (DeFi) solutions while striving to establish liquid-staked assets as the norm in the proof-of-stake (PoS) economy. Its key feature is interoperability, which empowers developers to create applications that can function independently, be modular, or built upon Persistence's CosmWasm layer. Users within the Persistence ecosystem can establish App-chains that retain compatibility with the extensive Cosmos/IBC ecosystem, enabling efficient routing of IBC assets through the Persistence Core-1 chain. Moreover, developers are granted the option to build Modular Apps directly on the Core-1 chain, leveraging components of the Persistence architecture as easily incorporated interfaces. The incorporation of CosmWasm further paves the way for the development of high-performance Smart Contract Apps on the Persistence chain, facilitating smooth upgrades and improvements over time. This forward-thinking methodology not only positions Persistence as a vital entity within the decentralized finance sector but also enhances its potential to adapt to future innovations and demands in the market. As the DeFi space continues to evolve, the capabilities offered by Persistence are likely to play a significant role in shaping its trajectory.

What is FinTP?

FinTP acts as a crucial connector for financial institutions, linking their back-office operations and core banking systems with outside networks, market infrastructures, and distribution avenues. By enabling straight-through processing (STP), it effectively unifies various proprietary applications that generally struggle with interoperability. Its core functionalities encompass the automation of workflows, the handling of multiple message formats, validation and reconciliation processes, as well as ensuring resilience and data persistence. Moreover, it provides an extensive suite of business and technical features designed to cater to the requirements of bank personnel, comply with regulatory standards, follow audit protocols, and fulfill end-user expectations. FinTP adeptly manages and processes communications between diverse financial entities, fostering greater interoperability within the sector. It also aids business clients by refining their financial and treasury operations, while allowing retail enterprises to accurately reconcile their inventory against recorded sales. By streamlining these processes, FinTP ultimately aims to automate business operations, operational tasks, and technical workflows, resulting in enhanced efficiency and dependability. This level of automation not only minimizes the need for manual input but also accelerates processing times and boosts the precision of financial transactions, ultimately benefiting the entire financial ecosystem. As a result, FinTP supports institutions in navigating the complexities of modern finance with greater ease and effectiveness.

Media

Media

Integrations Supported

Coin98
Cosmostation
InfStones
Keplr
Kiln
Ledger
Mintscan
Ping Explorer
Tres Finance
stakefish

Integrations Supported

Coin98
Cosmostation
InfStones
Keplr
Kiln
Ledger
Mintscan
Ping Explorer
Tres Finance
stakefish

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Persistence

Company Website

persistence.one/

Company Facts

Organization Name

Allevo

Date Founded

1998

Company Location

Romania

Company Website

allevo.ro/products/fintp-for-banks/

Categories and Features

Categories and Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

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