GoldYak is a FinTech innovator which provides financial services and solutions on wealth management products to financial institutions through its independent, state-of-the-art network platform and Software as a Service (SaaS).
GoldYak is a next-generation digital platform catering to future needs of international financial institutions, integrating and enabling blockchain as part of the digital infrastructure of the platform to authenticate the financial services in a simple and effective way; yet with exceptionally secure protection.
Aiming at offering high quality services, the GoldYak platform promotes its own GOLDYAK standard; customers are Genuine-verified, user experience is One-clickable, purchase execution is immutably Logged, product purchase is Decidable, system processing capability is Yieldable, access to sensitive information is Allowable, and term sheet is made Kinesthetic.
To ensure that the user is truly the one that is claimed to be, authentication approaches other than simple password authentication, such as JWT token-based authentication and multiple-factor authentication, will be exploited behind the GoldYak platform.
Perhaps the optimum way of automating a process is to require just one instruction from the user; then the system will perform all necessary tasks for that user. Regardless of the complexity of the purchase workflow of financial products, the GoldYak platform strives for a most simplified user interface.
All services and executions on our GoldYak platform will be deployed in blockchain enabled technology. With the immutable property in the blockchain implementation, the log information serves as reliable audit records to meet the compliance requirements for financial institutions.
Big data, AI and data analytics are pre-determined parameters of making a right decision to meet the challenge of today’s fast-moving competitiveness in the financial market. The decidability of the GoldYak platform refers to the provision of a variety of metrics on a set of related products for customers to make purchase decisions.
Yieldability refers to the capability of a system to efficiently produce output even under stress. The GoldYak platform has been specifically designed and optimized to prepare for scalability challenges such as analyzing the big data in the stock market, handling concurrent pricing and execution requests by various issuers and buy-side, and maintaining high availability of backend servers.
To protect privacy, purchase records as stored in blockchains are encrypted in a way that only those clients granted access rights can decrypt and view the transaction details.
Automation together with authentication and authorization in a straight-through processing operation which financial institutions always strive for. Our platform is making term sheets kinesthetic by observing the conditions and enforcing the corresponding consequences automatically, through the deployment of smart contracts in blockchain.
Discover the latest news about the GoldYak Platform
FinTech innovator GoldYak today announced the execution of the world's first blockchain-enabled digital platform with RegTech deployment (US patent pending) on wealth management products and services.