Twisp: Reinventing the Ledger with Jarred Ward

Oct 7, 2022 by SED

Monolithic relational databases are the traditional foundation of financial core ledger systems. Nevertheless, the process of building and operating mission-critical ledgers to track and reconcile payments and money movement is complex.

Twisp is rethinking core accounting and financial orchestration on a cloud-native ledger system, so developers can stop re-inventing the ledger and focus on building products their customer’s love.

When you provision an instance of the Twisp accounting core, you get a transactions ledger for double-entry accounting, a chart of accounts to represent any economic activity, and layered balances for tracking settled, pending, and planned funds flows. All of this is accessible via a straightforward GraphQL API.

In this episode, we speak with Jarred Ward, Co-founder & CEO of Twisp.

Previously, Jarred was principal engineer at Simple, the first neobank, and later led the team building Open Platform at BBVA, one of the first banking-as-a-service products.

To learn more about Twisp and get access to a sandbox ledger, go to: https://www.twisp.com/

Sponsorship inquiries: sponsor@softwareengineeringdaily.com

Transcript

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