Tic:Toc Home Loans: Achieving scalability through cloud migration and managementDiscover how Tic:Toc gives Australian's smarter, flexible and instant home loan solutions with our private cloud and managed services.
Tic:Toc Home Loans
Established in July 2017, award-winning, fintech Tic:Toc, has revolutionised the home lone market.
A home loan process built by a technology company, not a bank, aims at making home loans faster, smarter and simpler. Their agile use of the cloud helps to reduce the cost and complexity from home loans, allowing them to pass on big cost savings, and give back time to Tic:Toc customers.
- Reduced IT spend through cloud optimisation within a flexible environment
- Allowed internal IT teams to focus on projects and innovation
- Agile and secure solution, with the ability to scale with the company
- Exceeding regulatory compliance and cyber security best practice
An agile company requires an agile platform
Tic:Toc, has taken a bold and innovative approach in transforming the traditional home loan market, giving Australians more control with a smarter, flexible home loan solutions – almost instantly online.
They have developed their own proprietary technology that enables them to do so in under an hour, turning the home loan process on its head.
However, choosing the right cloud platforms can be a complicated process – especially when security is in question. As a digital home loan company, Tic:Toc must adhere to the strict guidelines set out by the industry and required a partner in tune with constant compliance changes and updates. In addition, the solution needed to be agile to grow alongside Tic:Toc’s evolving business needs.
Providing agility with security
Tic:Toc selected Interactive’s Private Cloud as the primary digital platform to launch their online business.
Enabling the company’s growth requirement meant leveraging multiple Public Clouds, such as Microsoft Azure and AWS, coupled with Interactive providing managed cyber security services. Cyber is even more critical now that Tic:Toc has developed a suite of enterprise solutions, with its technology already being white-labeled by financial organisations.
Interactive’s Cloud & Managed Services solution provides Tic:Toc a secure and trusted IT environment. Hosting their data in Interactive’s Private Cloud offers Tic:Toc peace of mind complying with data sovereignty laws and regulations, knowing their customers’ confidential information is handled with integrity.
“Interactive are a trusted hosting partner of Tic:Toc, providing us with the agility to support, secure and maintain our workloads on both Private and Public clouds.” -Gavin Orlicki Chief Technology Officer
Switching the focus from cloud management to product innovation
Now that fintech lender Tic:Toc can lean on Interactive’s established expertise for a well-managed, secure, scalable and flexible cloud environment, they can focus on innovating its business and maintain focus on being the #1 online lending platform not just in Australia, but also worldwide, as the demand for growth stretches globally.
Interactive’s maturity and experienced team of professionals allowed Tic:Toc’s vision to become a reality. Tic:Toc looked for a trusted provider who could offer a well-rounded solution for our complete IT needs, including attaining data sovereignty, hosting data on-shore and is agile to grow with its business needs.
And while the tech does all the work (enabling Tic:Toc to provide some of the most competitive rates in the industry), the back office team works tirelessly behind the scenes so customers get efficiency with a personalised service.