The Operating System for
Regulated Financial Services
Bancorix gives FinTech startups, EMIs, MSBs, and payment institutions a production-ready core banking backbone — general ledger, compliance workflows, fee engine, and multi-currency operations — deployed in minutes, not months.
Why Bancorix
Regulated businesses spend 60–80% of early engineering capacity on infrastructure plumbing instead of product differentiation. Bancorix eliminates that trade-off.
Skip 12–24 Months of Build
Launching regulated infrastructure from scratch costs 7-figure budgets and years of compliance debt.
Skip 12–24 Months of Build
Bancorix ships a production-ready ledger, KYC workflows, fee engine, and multi-currency operations out of the box. Launch regulated products in weeks, not years.
Learn More →Compliance by Architecture
Legacy core banking vendors are rigid, slow, and designed for a pre-API world. Point solutions leave compliance gaps between systems.
Compliance by Architecture
FCA, CASS, AML, IFRS, and GDPR requirements are built into every layer — not added as afterthoughts. Row-Level Security at the database layer eliminates cross-tenant data leaks structurally.
Learn More →Configuration Over Code
Adapting to new financial products and regulations usually requires engineering sprints, database migrations, and deployment cycles.
Configuration Over Code
Document types, workflow definitions, posting rules, fee structures, and business rules are all configurable via JSON — no code deployments, no migrations.
Learn More →Platform Capabilities
Eight fully integrated modules — production-ready, regulation-aware, and configurable without code deployments.
Double-Entry General Ledger
UK/FCA-compliant Chart of Accounts (~275 accounts), full ISO 4217 fiat coverage (155+ currencies) + 10 crypto assets, automated posting rules, CASS 6/7 safeguarding, IFRS 9/15/16 support, real-time balances.
Schema-Driven Document Management
Flexible JSON-based document system supporting 14+ document types — KYC, payments (SWIFT, SEPA, CHAPS, FPS), crypto operations, FX, account opening — without code changes.
Configurable Workflow Engine
State-machine-based process automation. All document lifecycle transitions go through workflows — no bypass paths, no unaudited state changes. 6 pre-built workflows included.
Fee Calculation Engine
Automated, auditable fee calculation with tiered pricing plans, condition-based rules, manual override support, and a fee simulation dry-run endpoint.
Multi-Tenancy with Row-Level Security
Database-enforced data isolation across 43 tables using SQL Server RLS. New tenant provisioned — Chart of Accounts, workflows, admin user — in under 1 minute.
Authentication & Authorization
17 system roles, 47 granular permissions, MFA (TOTP), bcrypt passwords, JWT sessions, account lockout, security event monitoring, and complete audit trail.
Configuration & Business Rules
38 system settings, transaction limits scoped to user/account/customer/global, FX rate management with markup rules, business calendars, AML/sanctions toggles.
Operations Console (BFF)
Dedicated back-office application with 70+ endpoints, schema-driven dynamic forms, dashboard analytics, cross-entity search, bulk operations, and task management.
Platform in Action
End-to-end financial operations — from KYC onboarding to payment settlement — managed from a single back-office console.
Real-time operational dashboard with KYC pipeline status, payment volumes, and SLA breach tracking
Multi-level payment approval (L1/L2/L3) with full audit trail and segregation of duties
Schema-driven dynamic forms for KYC processing — individual, corporate, and partner bank documents
Double-entry general ledger with real-time multi-currency balance tracking and posting rules
Platform by the Numbers
A production-ready baseline — not a framework to build on top of.
Regulatory & Compliance Coverage
Compliance is not a bolt-on. Every regulatory requirement is embedded in the architecture from day one.
| Regulation / Standard | What Is Covered |
|---|---|
| FCA / PSD2 | UK FCA-compliant Chart of Accounts, EMI safeguarding accounts, Payment Services Regulations posting rules |
| CASS 6 & 7 | Client money and client asset segregation accounts with matching liabilities, pre-configured and ready to use |
| AML / KYC / KYB | KYC workflows for individuals, corporates, and partner banks; PEP screening; sanctions check integration points; UBO tracking; AML hold accounts |
| IFRS 9 | Three-stage Expected Credit Loss model with separate allowance accounts per stage |
| IFRS 15 | Revenue accounts categorised by service type for contract revenue recognition |
| IFRS 16 | Right-of-Use assets, lease liabilities, depreciation, and interest expense accounts built in |
| GDPR | Row-Level Security enforcing data isolation at the database layer — tenant-scoped access is a structural guarantee, not an application concern |
| ISO Standards | ISO 3166-1 full coverage (249 countries with risk flags, FATF grey/black list status, enhanced due diligence flags), ISO 4217 full fiat coverage (155+ currencies, restricted currencies marked non-tradable), ISO 20022 (payment purpose codes and return codes) |
| Audit Trail | Every transaction, workflow transition, configuration change, and user action logged with user, timestamp, and old/new values |
Who It Is For
Bancorix serves regulated financial services businesses across the full spectrum — from startups to established institutions.
EMIs & Payment Institutions
Full core banking backbone with FCA-compliant ledger, CASS safeguarding, KYC workflows, fee management, and regulatory reporting — all pre-configured.
Money Service Businesses
Multi-currency operations, payment processing workflows, transaction limit management, and configurable compliance controls across multiple jurisdictions.
FinTech Startups
Skip 12–24 months of infrastructure build. Launch regulated financial products on a production-ready platform and focus on what makes your product unique.
Crypto Exchanges & Brokers
Unified fiat + crypto ledger, wallet management, crypto-fiat exchange operations, and hot/cold storage accounting in a single system.
Embedded Finance Providers
Multi-tenant architecture enables true white-label financial services for downstream clients — each with isolated data, separate workflows, and independent configuration.
Key Differentiators
Seven architectural decisions that separate Bancorix from generic core banking platforms and patchwork integrations.
Regulation-Native
FCA Chart of Accounts, CASS safeguarding, AML workflows, IFRS accounting standards, and GDPR data isolation are built into the architecture from the ground up — not added as afterthoughts.
Fiat + Crypto Convergence
Every module — ledger, documents, workflows, fees, reference data — treats cryptocurrency as a first-class asset alongside fiat. Not a crypto extension or a banking retrofit.
Configuration Over Code
Document types, workflow definitions, posting rules, fee structures, business rules, and approval routing are all configurable via JSON without code deployments or database migrations.
Security by Architecture
Row-Level Security at the database layer eliminates cross-tenant data leaks by design, not by developer discipline. A structural guarantee, not an application-level concern.
Workflow-First Integrity
All document state changes go through the workflow engine. No bypass paths, no dual-state tracking. Every transition is logged, permission-checked, and auditable.
Production-Ready Baseline
950+ seed records, 6 pre-built workflows, 92 transaction types, 275 account codes, full ISO 4217 + ISO 3166-1 coverage, automated tenant provisioning, dual API surface. Ships ready to operate, not ready to develop.
Dual API Architecture
Core API for external integrations and partner connectivity; Console BFF for back-office operations. Each evolves independently without breaking the other.
Ready to Evaluate?
Explore the live API documentation or request a hands-on demo with your specific regulatory context.
Roadmap — Coming Soon
The following capabilities are on the Bancorix roadmap, extending the platform into a fully connected financial services ecosystem. Not yet available — listed for planning and partnership purposes.
External KYC/KYB Provider Integrations
Plug-and-play connections to Onfido, Sumsub, Jumio, ComplyAdvantage, and major identity verification providers.
Banking & Payment Network Connectivity
Direct SWIFT gpi, SEPA Instant, UK Faster Payments / CHAPS, and ACH integrations with correspondent banking API adapters.
Card Issuing & Processing
White-label card issuing via Marqeta, Thredd, Moorwand — physical and virtual cards, 3D Secure, Apple/Google Pay tokenisation.
Open Banking (PSD2 / Open Banking UK)
Account Information Services (AIS) and Payment Initiation Services (PIS) with VRP, consent management, and multi-bank dashboard.
Real-Time Transaction Monitoring
Rules-based AML screening, ML-powered anomaly detection hooks, sanctions list checking, case management, and SAR filing.
Reporting & Analytics
FCA regulatory returns, safeguarding reconciliation, P&L / balance sheet from GL, custom report builder with PDF/CSV export.
API Documentation
API-first architecture with full OpenAPI 3.0 specifications, interactive Swagger UI, and Postman collection. Build integrations against a well-defined, versioned contract.
Core API
External integrations & partner connectivity
RESTful API for external systems, partner integrations, and programmatic access to all platform capabilities. OpenAPI 3.0 specification with full Swagger UI.
Console API (BFF)
Back-office operations & administration
Dedicated back-office API surface for the operations console. Evolves independently from the Core API without breaking partner integrations.
Postman Collection
A complete Postman collection with pre-configured environments is available for rapid integration testing. Request access via ask@paydevops.com.
API Access
API access is tenant-scoped and requires a Bancorix subscription. Contact us to provision a sandbox environment for technical evaluation.
Full API Guide
Detailed integration guides, authentication flows, webhook setup, and code samples available in the API Guide.
Get In Touch
For demo requests, partnership inquiries, technical evaluation, or any questions about Bancorix.
Request a Demo
See Bancorix in action with your specific regulatory context — EMI, Payment Institution, MSB, or Crypto Exchange. We walk through live workflows, the GL, fee engine, and console operations tailored to your use case.
Request a Demo Technical EvaluationSandbox Access
We can provision a sandbox environment with pre-loaded data for hands-on technical evaluation. Contact us to get started.