Twisp: Reinventing the Ledger with Jarred Ward

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

Transcript provided by We Edit Podcasts. Software Engineering Daily listeners can go to weeditpodcasts.com to get 15% off the first three months of audio editing and transcription services with code: SED. Thanks to We Edit Podcasts for partnering with SE Daily. Please click here to view this show’s transcript.


Sponsors

This portion of Software Engineering Daily is brought to you by Azul.

Trusted by engineers and high performing development teams around the world as the only company focused solely on Java. Azul gives you more performance, scale, throughput, and security. More of the Java you love, at the price you can afford. Using an optimized Java Virtual Machine (JVM), Azul Platform Prime turbocharges the performance and scalability of your Java applications with a hyper-optimized runtime that drives down infrastructure costs. Say goodbye to latency lag: download Azul Platform Prime for free.

WorkOS is a developer platform to make your app enterprise-ready. With a few simple APIs, you can immediately add common enterprise features like Single Sign-On, SAML, SCIM user provisioning, and more. Developers will find beautiful docs and SDKs that make integration a breeze. WorkOS is kind of like “Stripe for enterprise features.” WorkOS powers apps like Webflow, Hopin, Vercel, and more than 100 others. The platform is rock solid, fully SOC-2 compliant, and ready for even the largest enterprise environments. So what are you waiting for? Integrate WorkOS today and make your app enterprise-ready. To learn more and get started, go to softwareengineeringdaily.com/workos

Thousands of data professionals, including the BIGGEST names in data, are getting together this October to talk about making an impact.
See the future with talks from the founders and chief executives of Databricks, Looker, Confluent, dbt Labs, and FiveTran. Leverage best practices from leaders heading the industry’s top data organizations including Fox, the New York Times, Roche and Vox. Get inspired with keynotes from Nate Silver, the FiveThirtyEight founder and editor-in-chief, Daniel Kahneman, the Nobel Prize-winning psychologist, economist, and author of Thinking Fast and Slow.
Don’t miss out. Block off your calendar and register for the virtual conference today at ImpactSummit.com/2022

All those points and miles can feel pretty pointless if they expire or go unused every year.
It’s time to reboot your credit card with Apple Card.
Apple Card gives you unlimited cash back every day, on every purchase. It’s real cash you can spend right away, however you want. No need to wait … and wait to use. Apply now in the Wallet app on iPhone and start using it right away.
Subject to credit approval. Daily cash is available via an Apple Cash card or as a statement credit. See Apple Card customer agreement for terms and conditions. Apple Cash card is issued by Green Dot Bank, Member FDIC.

Earn your Master’s in IT from the prestigious University of Cincinnati’s School of IT. The curriculum at UC Online is 100% online and asynchronous, meaning you log on when it works for you.
Limited experience in IT? The MSIT program at UC Online offers an introductory bridge certificate that allows you to jump right into the master’s program, without a bachelor in IT. This 4-course sequence teaches you the fundamentals of IT and is a great option for anyone looking to change careers.
Build your own custom curriculum to ensure you learn the skills necessary to help you grow in the career path you want. You can now earn a Certificate in Cybersecurity alongside your master’s degree at no additional cost.
Still unsure? Request more information from one of our enrollment advisors and see if you qualify for our GIA Scholarship.
Go to Online.UC.edu to learn more about the MSIT program.