Why is custom financial software development an approach to consider? When you invest in tailored solutions, you can ensure that the platforms meet your specific business goals and requirements. An external or in-house team will work closely with you to identify your needs in financial services and identify the best solutions to suit your objectives.
Customized finTech software is designed and built with you in mind. A partner team will create a strong infrastructure and optimize the user experience (UX). Your business platforms will also receive ongoing support. Bear in mind that this is a cost-effective option, too — often more so than using out-of-box software. While the latter option may be cheaper upfront, ongoing maintenance costs can add up.
Turnkey Solutions For Financial Companies
Tailored financial services software development applies to an enormous number of products, platforms, services, and tools. They can facilitate peer-to-peer (P2P) lending, investments, mobile banking, crowdfunding, data management and analysis, and much more.
Just some of these powerful innovations are:
- Automated trading platforms
- Cloud-based banking tools
- Contactless payment tools
- Credit management systems
- Crowdfunding platforms
- Customer relationship management (CRM) portals
- Enterprise resource planning (ERP) platforms
- Investment apps
- Marketing tools
- Mobile and online banking apps
- Payment apps
- Payment gateways
- Roboadvisors
Our Core Services
At BairesDev, our software development and information technology services span industries and sectors. Custom financial software development is just one of our key specializations.
We offer unparalleled services, architecting powerful solutions to facilitate digital transformation to meet your business needs and goals. Representing the Top 1% of Talent, our more than 5,000 seasoned engineers are based across 36 countries, allowing us to provide time zone-aligned services to empower some of the top businesses, including Fortune 500 companies.
Depending on your particular needs, you can choose among 3 models:
Dedicated Team
Through this approach, a dedicated team will work exclusively and autonomously on your technology projects, be it on some of their parts or on their entirety.
Staff Augmentation
IT staff augmentation means that we provide you with the talent gaps your in-house team might have, helping you meet your goals and ramp up your services without the headache of having to recruit and onboard qualified professionals.
Software Outsourcing
Software outsourcing is an end-to-end approach that takes your complex software development projects from start to finish, meeting all of your requirements. Project management, software building, and quality assurance testing are all part of our process.
Powerful FinTech Technologies Used by Benchmark Companies
In order to facilitate custom financial software development, providers must leverage a range of tools and technologies. Below are some of the most important technologies used in the FinTech landscape.
RegTech
Regulatory technology, dubbed RegTech, describes utilizing technology to manage processes and tools in the financial industry. It’s a pivotal tool for maintaining compliance, regulatory monitoring, and reporting.
Blockchain
Blockchain is well known as the backbone of cryptocurrency, but its applications are wide-reaching in FinTech. The immutable, distributed ledger is encrypted, making it secure and safe for a variety of transactions.
Artificial Intelligence
Artificial intelligence (AI), which encompasses such subsets as machine learning, is central to FinTech. The technology has the power to facilitate investment opportunities, fraud protection, data analysis, risk management, trend predictions, forecasting, and automation.
Internet of Things
The IoT, a web of interconnected devices and data exchanges, is increasingly playing a pivotal role in the financial world. Some of the tasks and processes it can spearhead and manage include client communication, fraud and transaction monitoring, payment processing as with point-of-sale systems, and spending pattern analysis.
Cloud Computing
The cloud is all around us, making a vast number of services, files, and resources readily available to us. In FinTech, it has wide-reaching implications, improving platform security, scalability, accessibility, and integrity. There are plenty of unique innovations that depend on cloud computing, such as cloud-based financial planning software, data management, and self-service applications
Why Choose BairesDev as Your Custom Financial Software Development Services Partner?
Are you looking to partner with one of the top financial software development companies? Armed with our expert, seasoned developers and engineers, we will create custom products and platforms to bring your innovative ideas to life.
We can help you manage risk, ensure compliance, optimize workflows, streamline processes, integrate platforms with your existing tools, and enhance security. Our thorough process leads to robust, user-friendly, reliable, high-performance, and high-quality products.
BairesDev’s customized solutions will benefit finTech and other firms across industries, allowing you to meet your specific needs while scaling your operations and growing your business to address your vision and goals.
