Ignatica

Cloud-based IT Infrastructure Backend-Platform For Financial Services
Where we're at?
Idea
Validation
Adoption
Growing

Concept and business plan team may be incomplete.

Idea is formed project ready to launch.

Have paying customers adapting to market.

Growing company and users!


Ignatica was born from an extreme frustration and consistent roadblock to innovation that the founders faced throughout their 15 years in financial services. Product innovation was consistently limited by existing technological infrastructure, and little to nothing was being done to address the root problem, instead of making large leaps forward, only small incremental stopgaps were put in place. The founders missed hundreds of lucrative opportunities simply because of the technological limitations of their current systems and the financial repercussions of those limitations.

As the founders dug deeper into the problem, they witnessed first-hand how their organizations were failing to deliver on their stated goals of listening to customers and prioritizing customer wants and needs. They spent countless hours listening to customer testimonials and to testimonials of potential customers who were excluded from using specific financial products and they noticed that the root cause of the problem for these customers was also the limits of the current technological infrastructure of their organizations.

When they approached their organizations to potentially develop a solution in house, institutional conformity and bias towards what is safe and known overrode the desire to innovate. They were told that they could potentially go to the market and try to find a vendor who provided a solution to test. After searching thoroughly and not finding an adequate solution, the founders decided they would build their own solution and Ignatica was born.

Financial Services companies (especially insurance companies) suffer from: excessive new product launch costs & timing, excessive product administration & management costs, burdensome regulatory compliance & reporting (especially IFRS 17) and lastly broken consumer digital experiences.

The Ignatica platform has been specifically designed to enable Financial Services companies to (a) automate their contract, policy and leasing management and administration operations, (b) use predefined product templates, and (c) offer instant access to data and analytics to effectively:

(i) Cut internal contract/policy management costs up to 70%
(ii) Accelerate time to Market when launching new products
(iii) Enhance Reporting Transparency
(iv) Build fully automated digital consumer experiences, not just user interfaces.
(v) Provide unmatched security and transaction history.

  • Manuel San Miguel
    CEO
    Prior to founding Ignatica, Mr. San Miguel was the CTO for ManuLife Financial (APAC). His expertise in this specific industry has been formed over ... Read More
  • Travis Callahan
    CFO
    Over the past 25 years, Travis has launched and sold successful startups and has managed over €50 billion of the world’s most highly publicized cap... Read More
  • Adhish Pendharkar
    CTO
    Mr. Pendharkar has 20+ years in IT Financial Services management and design experience. Among a list of many accomplishments, during his time with ... Read More
x