Biza.io offers cloud-based Software-as-a-Service solutions for both Data Holders and Data Recipients built to meet the CDR specifications and rules mandated by the Australian Government Treasury and the ACCC. It also provides vendor-agnostic validation and testing services to simplify the path towards CDR certification for banks, fintechs and other non-ADI financial institutions.
Delivered as an all-inclusive turnkey solution, Biza.io’s DSaaS solution is a high-performance data store and façade that is a foundational component for CDR dataset management.
Biza.io’s DSaaS solution uses the CDR data structure to create a single-pane-of-glass view of that data for customers. Deployed on the customer’s AWS or Azure infrastructure, it’s been built for open integration into both Biza.io and 3rd party products, including but not limited to: streaming services, Universe DB and CSV file extracts.
The launch of its DSaaS solution comes after Biza.io recently passed ISO27001 compliance on the first attempt with zero major or minor non-conformities. This gives Biza.io customers peace of mind that their extremely valuable third-party data is in safe hands with best-in-class cybersecurity protection.
CEO and Founder, Stuart Low (pictured above) commented: “In 2022 we are laser-focused on expanding our services to capitalise on the opportunities brought about by the expansion of the CDR. With one eye on the future, we’ll be developing solutions for the telco industry, as well as insurance and superannuation.
“It’s been a huge first-half already. Passing ISO27001 is no mean feat and our DSaaS solution has already opened up a number of new doors for us. Our DSaaS solution costs approximately ten times less than what some large banks have spent creating their own similar solutions. And they’ve taken up to two years to deploy these into production, compared to just two weeks with Biza.io’s solution.”
“We’re looking forward to continuing to grow our offerings and teams to serve our existing and future customers in new and better ways.”
Biza.io is in a time of rapid growth, having expanded from two employees in January 2021 to 15 in May 2022. The Brisbane-based start-up intends to hire another 30 people in the remainder of 2022.
As part of its continued expansion, Biza.io is adapting its Data Holder-as-a-Service (HaaS) solution for the energy sector. With the CDR compliance deadline coming up in November for the big three energy retailers, Biza.io has been consulting with industry leaders to adapt its existing banking solution to fit the needs of the energy market.