On November 3, 2021, QLM received notification of the granting of the aid called Digital Enabling Technologies, THD, to support us in the development of a new treasury management product called KAT Banking.
The aid consists of financing up to 45% of the project from internal and subcontracted resources that participate in it.
The general objective of the KAT Banking project is the functional development of a communications platform in SaaS mode with which QLM seeks to cover the growing need in the market to aggregate all financial information from multiple platforms and technologies. This action is based on previous R&D developments carried out by the company aimed at developing solutions on demand for its customers.
KAT Banking will integrate a series of non-banking financial platforms (Pagantis, Paypal, Addon Payments, Seur, Amazon, etc.) to complete its current combination with EDItran in order to reinforce all the financial positions of the companies in the same medium without the need for external accesses or implementation of positions in Excel. The eligible project is developed at a level of technological maturity TRL-7, contemplating development activities and functional improvement of the KAT Banking platform. The project is framed within two eligible actions of the call: (i) actions for the functional development of a technological solution, since it deals with the implementation of new functionalities to unify in a single platform of banking connections the information of the operations carried out through from third-party financial platforms; (ii) development actions aimed at the validation, certification and start-up of prototypes in real production environments.
The product is currently in the testing phase, waiting to be released on the market in the second quarter of 2022. We will expand information.
