Cut Integration Timelines: Baton’s Low-code Data Integration Tool

Banks are facing mounting pressure to improve their data management practices. Regulatory bodies such as the Bank of England’s Prudential Regulatory Authority (PRA) and the European Central Bank (ECB) are placing greater emphasis on reliable data aggregation and effective intraday liquidity risk management. To stay both compliant and competitive, financial institutions must find a better way of accurately consolidating and distributing data trapped in legacy systems and fragmented silos.

Enter Baton’s Integration Manager – a powerful low-code data integration tool engineered by our expert development team to streamline data integrations and cut timelines by up to 90%. With this innovative tool, banks can move away from costly, time-intensive, and error-prone integration processes. Instead, they can seamlessly consolidate fragmented, inconsistent data with speed and efficiency. This high-quality data can then become a catalyst and foundation for unlocking real-time, business-specific insights, enabling better decision-making, enhanced risk management, and improved intraday liquidity management.

Tackling the Challenges of Data Fragmentation 

Siloed systems and fragmented, inconsistent data pose significant challenges for financial institutions, especially in the post-trade arena. Many firms struggle to swiftly consolidate and distribute this data across different business areas so it can be analysed alongside other relevant information in a timely manner. These constraints hinder the firm’s ability to use this data to uncover valuable, business-specific insights—whether it’s identifying opportunities to optimise funding/liquidity use or detecting early warning indicators that could prove crucial in mitigating counterparty, operational or liquidity risks.

The Bank of England PRA’s January 2025 Priorities Letter for international banks identified poor data “as a root cause in a number of risks requiring remediation within firms”. It further emphasised the importance of improving data aggregation capabilities to ensure firms have the necessary information to support comprehensive risk management.

Baton’s Integration Manager helps banks to address these issues by aggregating and standardising internal and third-party data streams, ensuring structured and traceable data flows across systems that banks can then use to power automated workflows across different business lines. By improving data accuracy and availability, teams across the bank – such as risk management, treasury, and operations – can then use this consolidated data to generate real-time business-specific insights.

How Baton’s Data Integration Tool Could Support Your Business

Simplified Integrations: The tool can consume data from various sources received in differing formats, such as XML, JSON, CSV, PDFs, TSVs, and text files, while supporting multiple protocols, significantly reducing integration efforts.

Reduced Integration Timelines: Currently, data integration processes can take days or even weeks; with Baton’s low-code interface, it’s reduced to a matter of hours, enabling firms to adapt to market changes and launch products faster. 

Improved Data Quality: Ensure accurate, consistent data flows across systems for more intelligent, informed decision-making and fewer costly mistakes.

Automation and Efficiency: Automate repetitive tasks with custom low-code workflows to optimise efficiency and boost productivity.

Scalability and Flexibility for Future Growth: This scalable solution has been designed to handle growing data volumes and evolving technologies with resilience and reliability.

Use Case: Real-time Account Balance Visibility

Many firms lack real-time visibility of their own account balances held across multiple institutions due to siloed systems, varying data formats, and access protocols. Adding to these challenges, bank data sources often refresh at different intervals and many rely on outdated batch-based processes that update once daily to aggregate this information.

Yet, account holders must actively monitor their balances as they change throughout the day to drive key decisions. Banks risk avoidable overdrafts, missed opportunities to earn interest, and inefficient resource use without these accurate insights.

Baton’s enhanced Balance Manager transforms this situation by providing users with complete, real-time oversight across all account balances. When used in conjunction with the Integration Manager, firms can easily add new accounts to the aggregated oversight provided and adapt to changes in data delivery from existing providers without the burden of extensive technical resources.

By efficiently connecting legacy systems Baton’s Integration Manager drives operational accuracy, increases real-time visibility and redefines how institutions can approach intraday liquidity management.

Why It Matters 

As Baton’s Founder and CEO, Arjun Jayaram, explains, “With markets demanding real-time risk and liquidity management, legacy systems and siloed data are holding banks back. The Integration Manager empowers banks to implement the capabilities they need to overcome these challenges faster. It provides risk, business, and treasury teams with the high-quality, reliable data needed for confident decision-making and increased control.”

With its ability to modernise legacy processes, Baton’s Integration Manager answers the urgent call for digital transformation in the financial services sector. It’s not just about addressing regulatory pressures; it’s about leveraging technology to build resilience, enhance efficiency, and stay ahead in a competitive marketplace. 

How to Get Started 

Don’t let fragmented data hinder your institution’s growth. Baton’s Integration Manager is designed to help financial institutions unlock the full potential of their data, accelerate innovation, and optimise operations with ease. 

Discover the next era of seamless data integration today, learn more about our new data integration tool here.

This blog was first posted on LinkedIn by Alex Knight