Since 14 years I am spending my time developing the Bricknode platform as a core software system for finance. It covers everything from banking, brokerage, financial advisory, corporate finance and much more.
From time to time I am asking myself if it is worth doing it the hard way to keep it soo generic and configurable.
Today I can say that it was worth every hour that has been spent building and architecting it. New functionality can now be built upon it with lightning speed both by the in-house team and by external users.
I just built two new apps this weekend!
I just spent the weekend building two completely new add-on applications for the Norwegian market which has been entered in full force.
To describe the strengths of the platform for other software developers I like to look at examples.
One of the apps that I built was to conduct monthly holding reporting to the Norwegian government entity Statistisk sentralbyrå. They track various types of statistics in Norway.
Financial instruments are put into specific categories and the holdings of each account that has positions in those are then reported in a monthly file.
Instrument categorization to the rescue
Bricknode has a very neat framework built for custom categorization which I could use to its fullest.
I simply added a new category group related to Statistisk sentralbyrå. I can even define the label of this group in multiple languages.
Next I added the relevant categories that I wanted to support.
For each instrument I then added one or more categories. My new application could immediately access all this via the API and start generating the report.
No new code was needed in Bricknode
Not a single line of code had to be written in the core application. Everything was magically available right away in both the GUI and via API.
I have developed many applications on top of Bricknode, both ones of low complexity like this which can be done in a few hours and more complex ones which are complete platforms of their own.
Are you looking to start a new FinTech development project?
If you are considering starting new software projects within FinTech and would like to get some advise to see if the Bricknode platform could make your life easier. Then just contact me through any of my channels or via the contact form on this page.
I have never been able to develop financial software as fast as I can do now. This was one of the goals that I had with the Bricknode software from the start. Extremely nice to finally have reached it! 😃