Financial software development services and solutions

Financial software development services and solutions

Our expertise

We build fintech software from scratch and enhance deployed solutions or their components. We also make new financial solutions part of bigger software ecosystems and integrate them with third-party systems. Ensuring the highest security and regulatory compliance, we guarantee failsafe operation and protection of financial systems along with the data they process.

We build end-to-end banking software ecosystems and separate banking solutions to enable central, investment, and commercial banks to streamline operations, optimize services, personalize customer experiences, and make data-driven business decisions. Besides core banking systems and mobile apps, we can build loyalty management automation solutions and ATM software.

Core banking systems

  • Account management
  • Payments processing
  • Loan management
  • Deposits and withdrawals management
  • Insurance management
  • Currency exchange
  • Remittance and money transfer management
  • Reporting tools
  • Account creation and management
  • Customizable personal dashboards
  • Payment reminders and security alerts
  • Personalized location-based offerings
  • Money transfer and payments scheduling
  • Integration with IoT-connected wearables
  • Customer journey mapping
  • Customer profiling and data accumulation
  • Channel attribution and analysis
  • Easy information exchange and synchronization
  • Automating document management

Digital self-service

We build intuitive financial self-service solutions that help your customers smoothly resolve any issues and facilitate account opening, KYC and AML procedures, onboarding, and claims processing. Our solutions streamline customer care and enhance client satisfaction, delivering 24/7 assistance and forwarding the most complicated issues to live agents.

Chatbots and virtual assistants

  • Automated customer support
  • Personalized recommendations
  • Bias detection and investment guidance
  • Expense tracking and budgeting
  • Continuous learning and improvement

Self-service portals

  • 24/7 availability
  • FAQs and learning portals
  • Secure authentication
  • Personalized financial insights
  • Customizable preferences

Wealth and investment management

We provide fintech software development services to deliver wealth and investment management software that helps aggregate and process real-time market data, manage investment portfolios, analyze risks, and decide on the optimal investment time and amount.

We build real-time executive BI dashboards and proprietary stocks/investments scoring algorithms and equip our solutions with AI assistants to facilitate the decision-making process. The investment portfolio management solutions we build can facilitate the creation, synchronization, analysis, and diversification of corporate and personal investment portfolios.

Portfolio optimization

  • Analyzing markets and volatility
  • Rebalancing risks
  • Diversifying portfolio
  • Timely alerts and notifications
  • Model portfolios’ management

Investment calculator

  • Calculating potential profits and losses
  • Calculating optimal position size
  • Estimating the return rate needed to reach an investment goal

Billing and omnichannel payment solutions

We deliver solutions supporting full-cycle billing and payment workflows, along with providing detailed transaction statistics and reporting. We also help enterprises implement mobile billing and payment solutions to help them run their business effectively across all devices.

We implement BLE beacons, NFC, HCE, RFID, and WLAN technologies, integrate back-offices with digital signage, self-service kiosks, POS, and mobile apps to support multiple payment types, such as credit, debit, prepaid and contactless cards, web and mobile payments, loyalty cards, and ecommerce payments.

Billing

  • Payment processing
  • Credit card processing
  • Billing scheduling
  • Overdue statements
  • Recurring and subscription payments
  • International remittance
  • Partial payments

Invoicing

  • Diverse invoice types
  • Tax calculations
  • Invoice tracking
  • Payment reminders
  • Invoicing of several entities
  • Multi-currency invoices
  • Calculation of charges

Mobile payments

  • Contactless payments
  • Mobile point-of-sales
  • Online payments
  • Self-service kiosks
  • Peer-to-peer payments
  • Money transfer applications
  • Loyalty applications
  • Mobile wallets

As part of finance software development, Itransition configures and deploys scalable and secure data warehouses, OLAP tools, financial business intelligence solutions, and artificial intelligence algorithms to aggregate, sort out, and analyze a vast amount of historical and real-time financial data from disparate sources.

High-quality financial analytics helps fintech players streamline business processes, handle vast amounts of sensitive data, and improve customer experiences.

Financial reporting

  • Automated aggregation of financial data
  • Interactive dashboards and data visualization
  • Processing of income statements
  • Processing of balance sheets

Predictive analytics

  • Predicting global financial market trends and potential business outcomes
  • Profitability analysis and modeling
  • Planning and budgeting with what-if analysis
  • Investment recommendations and portfolio optimization

Fraud detection and risk management

  • Detecting violations and potential threats within scattered events
  • Continuous recording and inspecting transaction details
  • Behavioral patterns analysis
  • Discovery and prevention of fraudulent activities
We build full-featured trading systems and standalone tools for financial institutions and private investors. Our solutions automate data-heavy tasks, optimize trading operations, assist with making better decisions, and help traders assess risks and cut down losses.

Combining data mining, deep learning, and machine learning technologies, we create AI-powered trading platforms to analyze massive amounts of financial data, predict stock fluctuations, assess stock-related risks and volatility, and provide recommendations on trading and investment strategies.

Market analytics and forecasts

  • Fundamental and technical data analysis
  • Stock market forecasts
  • Sentiment analysis
  • Backtesting and market cycles’ analysis

Stock data visualization

  • Interactive charts and graphs
  • Real-time market data streaming
  • Customizable dashboards

Trading algorithms

  • AI-based algorithmic trading 
  • Arbitrage opportunity identification
  • Market making algorithms

Get high-quality dedicated fintech software

Contact us

Client spotlight

As a financial software development company with 20+ years of experience, we have delivered multiple solutions for banking and finance industry players. Hundreds of companies trust us to be their finance software development partner.

Atlassian-based project management system

30%

more projects

We designed and implemented a new project management system and knowledge base for one of the top 20 banks in Europe. The system helped to decrease project processing time threefold.

Stock trading software development

+30,000

active users

Itransition developed a suite of web, desktop and mobile applications for individual investors to monitor their investment portfolios, manage risks, and predict prices, trends, and stock behavior.

Fintech ITSM improvement and cloud migration

30%

reduced TCO

We helped Railsbank to align ITSM processes with ITIL best practices and migrated their Confluence and Atlassian Jira server instances to the cloud.

Billing management software

+1,500

companies in the client base

We redesigned the architecture of an online billing management system for a US tax payment service provider. As a result, we increased the system’s performance and extended its functionality.

Trading platform software development

18%

growth in bond portfolio

We delivered iOS and Android apps for a European bond-trading service with over $1bn worth of funds. Our team ensured the highest level of security, enhanced UX, and significantly expanded the apps’ functionality.

Atlassian-based project management system

30%

more projects

We designed and implemented a new project management system and knowledge base for one of the top 20 banks in Europe. The system helped to decrease project processing time threefold.

Stock trading software development

+30,000

active users

Itransition developed a suite of web, desktop and mobile applications for individual investors to monitor their investment portfolios, manage risks, and predict prices, trends, and stock behavior.

Fintech ITSM improvement and cloud migration

30%

reduced TCO

We helped Railsbank to align ITSM processes with ITIL best practices and migrated their Confluence and Atlassian Jira server instances to the cloud.

Billing management software

+1,500

companies in the client base

We redesigned the architecture of an online billing management system for a US tax payment service provider. As a result, we increased the system’s performance and extended its functionality.

Trading platform software development

18%

growth in bond portfolio

We delivered iOS and Android apps for a European bond-trading service with over $1bn worth of funds. Our team ensured the highest level of security, enhanced UX, and significantly expanded the apps’ functionality.

Atlassian-based project management system

30%

more projects

We designed and implemented a new project management system and knowledge base for one of the top 20 banks in Europe. The system helped to decrease project processing time threefold.

Stock trading software development

+30,000

active users

Itransition developed a suite of web, desktop and mobile applications for individual investors to monitor their investment portfolios, manage risks, and predict prices, trends, and stock behavior.

Fintech ITSM improvement and cloud migration

30%

reduced TCO

We helped Railsbank to align ITSM processes with ITIL best practices and migrated their Confluence and Atlassian Jira server instances to the cloud.

Billing management software

+1,500

companies in the client base

We redesigned the architecture of an online billing management system for a US tax payment service provider. As a result, we increased the system’s performance and extended its functionality.

Trading platform software development

18%

growth in bond portfolio

We delivered iOS and Android apps for a European bond-trading service with over $1bn worth of funds. Our team ensured the highest level of security, enhanced UX, and significantly expanded the apps’ functionality.

Our clients say

Itransition team members joined Tilta to speed up the MVP release. They participated in our day-to-day operations and development, as well as some more strategic events consulting us about software architecture, comparing and choosing external libraries, and building third-party integrations. Thanks to the efforts of our joint team, we were able to build the product MVP, including compliance measures, payments integration and reporting — in less than 6 months…Involving Itransition, also helped us save on team expenses, which is critical in the first year of our company life.

Ingmar Stupp

Co-founder, Tilta Fintech

We chose Itransition due to their proven technology expertise in SAP Hybris and a portfolio of projects in the finance domain…Itransition has become our trusted technology partner with the ability to add value to areas of functional enhancement and quality assurance…Since Itransition’s team excelled at utilizing their SAP expertise as a part of their full-cycle implementation, customization, and configuration offering, we are planning to grow the team and continue collaboration with Itransition in the future.

Peter Agathangelou

CTO, Tenancy Deposit Solutions Ltd.

Itransition helped organize Scrum processes across existing Revolv3 resources as well as Itransition engineers. Our Itransition Scrum Master was so effective that we started using them to manage the Scrum process overall as we scaled additional engineering teams…Our current relationship with Itransition allows Revolv3 to scale faster than before, with higher quality work, better documentation, and excellent Scrum processes. Moreover, Itransition’s specialists are dedicated to the role and hungry to understand the vision of the company/product to deliver on the roadmap. They have gone above and beyond the job description to recommend updates to our tech stack to make a more manageable environment.

Frank Arellano

Founder & Chief Executive Officer, Revolv3

Itransition team members joined Tilta to speed up the MVP release. They participated in our day-to-day operations and development, as well as some more strategic events consulting us about software architecture, comparing and choosing external libraries, and building third-party integrations. Thanks to the efforts of our joint team, we were able to build the product MVP, including compliance measures, payments integration and reporting — in less than 6 months…Involving Itransition, also helped us save on team expenses, which is critical in the first year of our company life.

Ingmar Stupp

Co-founder, Tilta Fintech

We chose Itransition due to their proven technology expertise in SAP Hybris and a portfolio of projects in the finance domain…Itransition has become our trusted technology partner with the ability to add value to areas of functional enhancement and quality assurance…Since Itransition’s team excelled at utilizing their SAP expertise as a part of their full-cycle implementation, customization, and configuration offering, we are planning to grow the team and continue collaboration with Itransition in the future.

Peter Agathangelou

CTO, Tenancy Deposit Solutions Ltd.

Itransition helped organize Scrum processes across existing Revolv3 resources as well as Itransition engineers. Our Itransition Scrum Master was so effective that we started using them to manage the Scrum process overall as we scaled additional engineering teams…Our current relationship with Itransition allows Revolv3 to scale faster than before, with higher quality work, better documentation, and excellent Scrum processes. Moreover, Itransition’s specialists are dedicated to the role and hungry to understand the vision of the company/product to deliver on the roadmap. They have gone above and beyond the job description to recommend updates to our tech stack to make a more manageable environment.

Frank Arellano

Founder & Chief Executive Officer, Revolv3

Itransition team members joined Tilta to speed up the MVP release. They participated in our day-to-day operations and development, as well as some more strategic events consulting us about software architecture, comparing and choosing external libraries, and building third-party integrations. Thanks to the efforts of our joint team, we were able to build the product MVP, including compliance measures, payments integration and reporting — in less than 6 months…Involving Itransition, also helped us save on team expenses, which is critical in the first year of our company life.

Ingmar Stupp

Co-founder, Tilta Fintech

Platform-based and custom financial software

We build custom financial software solutions and deliver platform-based implementations depending on our customer’s unique requirements and digital transformation goals.

We implement and customize Atlassian tools, including Jira Software, Confluence, and Jira Service Management, to help our customers manage their projects and team performance and build IT service management (ITSM) solutions that streamline incident management and end-user request processing.

An official SAP partner since 2008, Itransition integrates SAP Financial Services Accelerator solution for banks, insurance companies, and other financial service organizations, helping them to deliver a more streamlined and personalized customer experience. Using this SaaS solution, we can customize quotation forms, enhance collaboration functionality, and integrate online self-service with native call centers.

We build various financial applications, trading platforms, and banking solutions from scratch, using the most innovative frameworks and tech stack to meet our customers’ expectations and deliver high ROI. High quality, security, and regulatory compliance form the backbone of each software solution we create.

Financial software integrations we offer

We help BFSI organizations and fintech companies to stay at the forefront of digital innovations in financial software development by integrating emerging technologies into their financial solutions.

Blockchain solutions

With our custom solutions, we cover a range of blockchain use cases in banking, financial services, and insurance. We help these companies adopt distributed ledger technologies to bring in more transparency and security and make their offering more competitive.
Itransition implements solutions on top of recognized blockchain platforms, including Ethereum, Chain, and Hyperledger, and develops custom blockchain-based components for executing financial transactions, trading, and ensuring financial security.
We implement smart contracts within your preferred blockchain platform to enable decentralized and secure transactions in various business domains. We help companies facilitate payments, deals, asset exchange, and crowdsourcing campaigns. We also audit the performance of existing smart contracts.

ICO consulting

We provide full technical supervision and assistance on ICO projects, developing tokens, smart contracts, wallets, and dedicated websites. This service range also includes setting up ICO management tools and security monitoring.

AI/ML for finance

Artificial intelligence helps banks and other financial organizations optimize various operations in the financial sector, automating processes and providing individualized customer experiences. Among other use cases, AI is often applied for:

Portfolio management

Analyzing market trends and helping to rebalance risks and optimize portfolio

Loan processing automation

Automating all stages of a loan cycle, from risk assessment to repayment control

Credit scoring analysis

Assessing credit scores based on diverse customer data with maximum accuracy

Hyper personalization

Identifying user spending patterns and suggesting how to improve budgeting

Fraud detection

Continuously monitoring a plethora of events and identifying potential threats

Chatbot assistants

Facilitating the work of customer support specialists

Summary generation

Highlighting sentiment and keywords while processing specific documents

We help fintech companies automate numerous repetitive tasks and improve operational efficiency by implementing robotic process automation (RPA) solutions. RPA bots can handle time-consuming routine tasks, such as payment clearance and account settlement, sparing employees’ time for higher-value customer-oriented tasks.

Process automation

  • Loan processing and administration
  • Card processing and approvals
  • Dispute and fraud management
  • Automatic payments setup

Risk and compliance

  • Risk monitoring
  • Transaction monitoring
  • Internal and external reporting
  • Screening and alerts management

Client management

  • Client onboarding
  • Account setup and closure
  • Account servicing
  • Client and account maintenance

Payment gateways

We use ready-made APIs and create custom connectors to integrate financial software with third-party payment gateways and provide end users with protected and easy-to-use payment channels.

Market data integration

We ensure integrations with the industry-leading market data providers, custodians and brokerage firms, and use vendor-agnostic historical databases to ensure our solutions accurately aggregate and visualize real-time and historical market and brokerage data so that users get a unified data view.

Fintech solutions delivery pipeline

The most common stages of the fintech development process include the following:

1

Planning

Requirements gathering

Business needs analysis

Project planning

2

Design

Solution architecture

UI/UX design

Prototyping

3

Development

Tech stack selection

Front-end and back-end development

Integration with corporate systems

4

Testing

Manual and automated solution testing

Expert supervision

5

Deployment

Solution rollout

Performance tracking

Corporate training

6

Maintenance

Scheduled maintenance

Software updates

Bug fixing

First-line support

Tech stack

Our financial software development team uses the most effective tools and up-to-date technologies to deliver reliable fintech solutions that will completely align with your business objectives.

Languages
JavaScript frameworks

SQL