Outsource Your Custom FinTech Software Development to Innovecs
Innovecs keeps pace with all new technologies emerging in financial software development and easily adapts to changes that take place in the industry. By outsourcing your project to Innovecs, rest assured you will get a full-featured fintech software solution that fits all your business needs.
Financial Software Helps
Automate Business Processes
Financial services include manual work such as filling out papers or keeping data in spreadsheets. Fintech developers automate these processes to improve service quality.
Structure Financial Data with Machine Learning (ML)
Our financial software developers create ML-based algorithms to recognize data structure and patterns and isolate inefficiencies and bottlenecks in financial operations.
Detect Fraudulent Activities
To spot and block financial fraud before it causes harm to your company, a fintech development company, such as Innovecs, uses predictive data methodologies.
Visualize Big Data for Real-Time Analytics
By visualizing large amounts of financial data, our fintech software developers allow you to review, track, and analyze thousands of metrics in real time.
FINTECH AT INNOVECS
If you are looking for an experienced financial software development company with a proven track record across fintech, partner with Innovecs. Innovecs’ engineers utilize the latest technologies across the industry, such as blockchain, big data, and machine learning, to deliver high-quality fintech solutions on time and budget.
LOOKING FOR A PARTNER IN BUILDING A FINTECH SOLUTION?
We are ready to discuss the requirements of your fintech project. Just drop us a line.
CENTRAL CHALLENGES OF CUSTOM FINANCIAL SOFTWARE DEVELOPMENT
Data Reorganization After a Merger
After the merger of two companies, their platforms for financial data collection and management coexist for a time. However, this temporary coexistence may cause inconveniences such as duplicate files or even the loss of sensitive information.
We will build a unified system and transfer all information from the old platform to a new one. Innovecs as a fintech development company can combine large amounts of data and create usable portions of information for secure storage in the database. Our fintech developers guarantee flawless data migration/consolidation and system integration.
Multiple Third-Party Integrations
By applying various third-party integrations, such as application program interfaces (APIs) for payment processing or account verification, you may face certain problems. For example, when trying to complete one task with multiple vendors, the parts of the software may start interacting incorrectly due to different API data structures.
Additionally, there are providers who tend to modify their APIs often, affecting system performance.
Innovecs’ fintech software developers help handle these problems by consolidating all APIs into a single internal service and facilitating smooth transfer from one API version to another.
Large Volumes of Diverse Data
The accumulation of a large volume of various financial data makes it hard to manage and stay on top of possible risks. The reason is that the majority of financial organizations are lacking an integrated data model and structure. This leads to database scarceness, unintentional exposure of sensitive information, or even data loss.
When you delegate financial software development to Innovecs, our experienced engineers will assist in solving this problem. They scale up the system’s architecture and optimize it for big data management by using machine learning and predictive analysis.