Looking for a ledger? E6 offers a cut above the rest.

All types of companies require a ledger in some form or another. Banks and other financial services providers obviously need a ledger to manage customer and counterparty transactions. Financial technology groups need a ledger to offer or power bank-like payment and financial services. Non-financial companies are also powered by payments to make their businesses run and use ledgers to optimize payments in support of their customer experiences. 

When looking for a ledger, the most vital aspects for companies to consider are accuracy, scalability, and flexibility.  You must be able to depend on account balances for any purpose at any time. The ledger needs to be able to maintain accuracy even when being driven at peak demand. Across all that, a ledger can’t be single-use; it has to be ready for what’s next. 

To meet their ledger needs, companies might consider a DIY approach. It’s just a ledger, right? It’s a relatively simple data model to add to a database. It should be easy and cost effective to build a ledger in house. This is a fallacy however, and those who take this approach underestimate the complexities of transaction processing, particularly with what the ledger has to do when something goes wrong. Companies that go their own way might later find themselves staring down issues like value being leaked from the system, outages when being asked to scale, or a ledger that can’t be reused and a need for capability duplication. There is an alternative however – in the form of trusted ledger infrastructure providers. 

What does that look like in action? A modern platform with an unfailingly reliable ledger that can evolve with you and provides:

• Non-negotiable accuracy of balances and traceability of transaction processing including exception handling

• Scalability and availability to meet peak processing demands while still hitting performance requirements

• An ability to handle complex, parallel use cases utilizing a single ledger platform

More than just a ledger

The Episode Six (E6) ledger is the foundation of the E6 platform. While the ledger is a significant part of the platform, it’s more than “just” a ledger. The E6 platform provides a financial product catalog across deposits and credit as well as payment processing. All interaction with the ledger is accessed through these functions to ensure that the ledger is maintained as a safe, trustable capability. E6 supports products such as virtual accounts, deposit accounts, interest-bearing deposit accounts, multicurrency accounts, revolving credit, and loans. Not to mention the ability to add cards, FX, fees, controls, and rewards against any of those product type through our self-service Dashboard or APIs. Everything in the platform is built and owned in-house, ensuring we are able to maintain the highest levels of ledger accuracy, scalability, and flexibility. 

It's no good having a high-grade ledger in a platform if it can’t work with your existing systems. E6’s platform is designed to easily integrate with other systems of many kinds. It can work alongside your existing core banking systems or other processing systems. As an issuer processor, E6 is connected with all major card schemes including Mastercard and Visa. For non-card payments, we integrate with payment hub partners for ACH, wire, and other types of interbank payments. For services like transaction fraud detection, Episode Six partners with specialized companies to provide a best-in-class solution. 

Beyond the must haves of what you want in a ledger, the E6 ledger and platform is also:

• Value unit agnostic – Our ledger can handle any form of value. This allows us to support anything from fiat currencies, cryptocurrencies, rewards points, and more. 

• Globally distributed - We offer the E6 platform through our managed E6 Cloud SaaS offering that’s deployed in 15 AWS regions around the globe. 

• Flexible account relationships – Whether it’s simple parent-child, or graph connections across hierarchy trees, E6 can support any account structure. This means we can ledger everything from individuals to international corporates with ease. 

• Daily reconciliation capable – Recent value leak failures of some ledger and payment platforms have led the US FDIC to add new guidance for daily reconciliation. The E6 platform was built from day one with this in mind from the customer account to a program portfolio, to payment counterparties.  
  

Built on a resilient cloud architecture and in-house platform applications, the E6 ledger handles millions of accounts globally and is tested at over 4000 transactions per second (TPS). Its API-driven approach allows for easy integration with your systems through modern interfaces. The E6 platform also offers a building block “Lego” type of approach where we can help you find the Lego set you want, but if you imagine another product – you already have the pieces to reuse to make it happen. If our off-the-shelf isn’t quite enough, our patented IONIC™ plugin concept allows us to add, augment, and override the default platform behaviors at any level of the system, from a tenant down to specific transactions types. Ultimately, this enables us to tailor our offering to meet the unique needs of our customers, without compromising system performance. 

A ledger that grows with your business

Choosing Episode Six as a ledger partner is a savvy move for any financial technology company that wants to scale, grow and ensure accuracy. The platform is proven, trusted, and battle-tested across a wide range of use cases globally. Why build your own ledger when you have access to a solution that is trustworthy, scalable, and resilient? Partnering with E6 for your ledger saves vital development time while ensuring that the ledger can grow and adapt with your business. You’ll also have the added benefit of customizable features in addition to core ledger.

Ultimately, you need to be able to trust your ledger provider: its scalability, its resiliency, and its ability to grow with the goals of your company. Episode Six leads the market with the ability to check all these boxes, preventing you from experiencing pain points down the road by making a short-term decision.  

About Episode Six

Episode Six (E6) is a global provider of enterprise-grade ledger and cards infrastructure for financial technology companies, banks, and brands. E6 delivers the innovative capabilities needed to compete with disruptors and lead the market. Flexibility, adaptability, and resilience are built into the core of E6's platform, ensuring clients maintain a market-leading position. E6 operates globally with customers in 30 countries, and an expanding team located in the US, UK, Europe, Japan, Singapore, Hong Kong, Australia, and India. Investors include HSBC, Mastercard, SBI Investment Co Ltd, Anthos Capital and Avenir.