Fintech software development services
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Itransition delivers robust fintech software to help enterprises across the BFSI sector digitalize their financial and insurance services, streamline internal workflows, facilitate regulatory compliance, maintain financial data security, and provide exceptional customer experience.
Fintech solutions we deliver
We develop innovative solutions of any complexity for core fintech domains, tailoring feature sets to your distinct business needs and objectives. From financial RPA bots to full-scale AI-powered business process management software, our team delivers tailored solutions to help BFSI companies streamline specific workflows as well as drive process automation enterprise-wide.
We build comprehensive digital banking solutions to help you speed up internal workflows and drive operations security, enabling personalization and convenience for end users.Â
- Core banking platforms
- Banking portals
- Mobile banking apps
- ATM control software
- Personal finance management apps
- Banking CRM
We design and deliver fintech applications to help insurance companies optimize day-to-day workflows, personalize insurance services and improve client experience, attract new customers with tailored insurance offers, and cut operational expenses.
- Claim management software
- Underwriting automation systems
- Policy administration software
- Insurance billing software
- Intelligent quoting software
- Business process management software
Our team creates solutions for wealth and asset managers, investors, and financial advisors to plan and backtest investment strategies, get personalized investment recommendations, and automate portfolio management operations.
- Financial operations planning software
- Investment accounting software
- Stock trading software
- Investor portals
- Portfolio management software
- Client lifecycle management solutions
- Wealth management software
- Book of Record (BOR) systems
- Investment management systems
Paytech
Our payment solutions enable users to make and receive mobile payments and money transfers 24/7, providing smooth user experiences and ensuring overall digital payment safety.
- Peer-to-peer payment apps
- Сryptocurrency payment systems
- Buy now, pay later apps
- Payment gateways
- Digital wallets
Lendtech
Our tailored lendtech solutions streamline lending processes, ensuring safety for both lenders and borrowers.
- Loan origination software (LOS)
- Mortgage systems
- Loan management software (LMS)
- Crowdfunding platforms
- Loan pricing software
- P2P lending platforms and apps
- Credit scoring software
Regtech
We deliver regtech solutions that help detect potential business risks, ensure operations security and traceability, and manage multiple compliance processes within BFSI organizations.
- Risk assessment and risk management solutions
- Regulatory reporting software
- ML-based fraud detection systems
- Compliance monitoring systems
- Anti-Money Laundering​​ (AML) and Know Your Customer (KYC) software
Customer-facing systems
Our team creates user-friendly and secure client applications that make financial services and products intuitive and easy to use.
- AI-driven personalization
- User-friendly interface
- Robust data security
- Personal finance management tools
- Virtual assistants & robo-advisors
- Analytics dashboards
Need to partner with an experienced fintech software development company?
Technologies powering our fintech solutions
AI & ML
- Process financial data and detect anomalies in user activities and fraud
- Enable computer vision-based KYC validation
- Provide tailored recommendations and relevant marketing promotions
Blockchain
- Automate transaction execution and ensure transaction transparency and security with smart contracts
- Facilitate cryptocurrency operations, including payments, trading, and exchange
Data analytics
- Provide real-time insights into financial performance, budgeting efficiency, and potential liquidity, credit, investment, and regulatory risks
- Predict stock market fluctuations to plan winning investment strategies, price insurance premiums, manage credit risks, and shape competitive service portfolios and products
Internet of Things
- Automate payment processing through connected systems and smart devices
Selected fintech projects
Our financial technology services
Fintech software consulting
Our IT consultants help analyze your business needs, elaborate on fintech software requirements, and draw up an optimal technology stack. We also provide a clear project roadmap and support you throughout the project, assisting you with navigating possible challenges and roadblocks.
Fintech app development
We take over fintech application development from solution conceptualization to deployment and post-launch support. Our expertise spans custom fintech software development and platform customization, ensuring complete alignment with your specific goals and requirements.
Fintech software modernization
We audit your existing software, detect inefficiencies and improvement opportunities, and perform upgrades to help you address performance issues and ensure your IT environment supports your evolving business needs. Our services cover cloud migration, cutting-edge technology integration, architectural enhancements, and new functionality enablement.
Fintech challenges & how we address them
Issue
Solution
Software security
Fintech software collects and processes sensitive data, making it a lucrative target for cyberattackers.
Fintech software collects and processes sensitive data, making it a lucrative target for cyberattackers.
An integral part of our financial software development projects is an elaborate cybersecurity strategy designed to tackle all potential data protection risks. When designing and developing the software, we follow secure development practices, conduct regular security testing, and implement robust security measures such as end-to-end encryption, role-based user access, and multi-factor authentication.
Compliance concerns
Software’s failure to comply with international and local financial regulations in a highly regulated fintech industry inevitably leads to economic and reputational losses.
Software’s failure to comply with international and local financial regulations in a highly regulated fintech industry inevitably leads to economic and reputational losses.
During the requirements gathering stage, our consultants help you define all applicable regulations and standards the software solution must comply with, create a robust compliance strategy, and plan software certification or compliance audits if required.
Entrust fintech product development to the experts
Our customers say
Itransition has become our trusted technology partner with the ability to add value to areas of functional enhancement and quality assurance. We really appreciate Itransition's dedication, efficiency, and proactive approach, willingness to set up effective development and communication processes, ability to analyze, detect, and fix complex and challenging issues. 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
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
Striving for rapid growth, Revolv3 needed additional engineering talent to meet roadmap deliverables for new products and features[…]Out of the initial scope, Itransition helped organize Scrum processes across existing Revolv3 resources as well as Itransition engineers[…]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
Itransition has become our trusted technology partner with the ability to add value to areas of functional enhancement and quality assurance. We really appreciate Itransition's dedication, efficiency, and proactive approach, willingness to set up effective development and communication processes, ability to analyze, detect, and fix complex and challenging issues. 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
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
Striving for rapid growth, Revolv3 needed additional engineering talent to meet roadmap deliverables for new products and features[…]Out of the initial scope, Itransition helped organize Scrum processes across existing Revolv3 resources as well as Itransition engineers[…]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
Itransition has become our trusted technology partner with the ability to add value to areas of functional enhancement and quality assurance. We really appreciate Itransition's dedication, efficiency, and proactive approach, willingness to set up effective development and communication processes, ability to analyze, detect, and fix complex and challenging issues. 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
Our fintech software development roadmap
In our web, desktop, and mobile app development projects for the financial industry, we follow Waterfall or Agile project management methodologies, depending on the customer’s needs, potential project scope changes, and existing budget limitations. Generally, we split the development process into six key stages that can be adjusted to the fintech project specifics.
1
Discovery
Business needs analysis
Software requirements elicitation and feature list creation
Solution architecture design
Technology selection
2
Planning & design
Project planning and budgeting
UX/UI design
Proof of Concept delivery
3
Development/Customization
Platform customization (for platform-based solutions)
Front-end and back-end development (for custom solutions)
Software integration
4
Testing
Functional testing
Performance and security testing
Pre-certification testing
5
Roll out
User acceptance testing
Fintech software deployment
User onboarding and training
6
On-demand post-launch maintenance
Performance monitoring and optimization
Defect fixing
Security updating
New features implementation
Our technology stack
Why partner with Itransition
IT consulting and software development services since 1998
5+ years delivering AI- and ML-powered solutions
15+ years of experience in data analytics and data science services
5+ years in IoT software development
Long-term partnerships with Microsoft, AWS, SAP, Oracle, and Odoo
Awards and recognitions from Deloitte, Gartner, and Forrester
A track record of projects for financial institutions, insurance companies, and startups
Delivering software solutions fully compliant with PCI DSS, OWASP, GDPR, and IFRS
ISO 9001 and ISO 27001 compliant quality and security management systems
Service
Banking software development
Itransition helps financial institutions drive business growth with a wide range of banking software solutions. Book your consultation.
Service
Financial software development services and solutions
Build a robust fintech software solution according to your business needs. Choose a trustworthy software development company as your tech partner.