Financial Software Development Solutions
A financial software development company aims to enable Banking, Insurance, and Financial Institutions (BFSI) to enhance their operational efficiency, improve customer retention and engagement, and leverage innovative business models for faster and better ROI.
Digital transformation for survival, growth, trust, and profits
In today’s fast-paced and competitive business landscape, digital transformation is the key to success, and BFSI companies are no exception. Hence, they must upgrade their financial technology to ensure high data security and compliance, scale to adapt to evolving competition, provide better customer service for retention and growth, and make better business decisions with real-time analytics and reporting.
How We Can Help You!
We can help you with below Financial Software Development Solutions.
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Accelerate digital capabilities, strengthen customer trust and loyalty, and boost growth with custom and scalable Fintech solutions.
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Streamline operations and improve the customer experience with customized digital solutions. We build solutions for accounting firms, credit unions, banks, investment and trading companies, and financial and consulting firms.
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Leverage secure and GDPR and PCI DSS-compliant payment systems for faster and more reliable transactions. Further, they can be seamlessly integrated with legacy systems without compromising on security and compliance.
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To boost your financial operations, you need a robust IT strategy that constitutes a scalable, safe, and efficient Fintech solution. We analyze your processes and requirements to define the latest and best-fit technology for you to leverage.
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Are you lacking specific IT skills or seeking to extend your in-house team to prioritize technical capabilities? We can assist you with Team Extension services (1–4 people) to quickly fill an expertise gap or focus on your digital initiatives.
Fintech Software Development builds scalable, secure, competent, and cost-efficient web and mobile platforms for the BFSI industry by leveraging new technology, deep industry expertise, and customer-centric delivery models.
Benefits of Implementing Financial Solutions in Your Business
Increasing demands for convenience, personalization, and mobility are quickly transforming the financial sector, providing lucrative growth opportunities while reducing costs and increasing brand awareness.
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Improved Money Management
We leverage the power of AI and big data to develop Fintech solutions that assist investors and BSFI to make better decisions on investments, banking and lending, trading, and money management.
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Improved Security
We build solutions as per advanced cybersecurity regulations and SSDLC best practices to ensure the safety of BFSI software and the sensitive data it stores. The software is multi-layer encrypted with intelligent fraud detection and biometric authentication.
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Improved Cash Flow Management
An accurate and efficient cash flow and budgeting forecast can save significantly on expenses and time. By adopting suitable Fintech tools for analytics and reporting businesses can automate and streamline their accounts payables and procurement workflows to obtain improved outcomes.
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Enhanced Decision Making
We leverage advanced analytics and AI to obtain accurate and comprehensive insights on various financial instruments that enable investors and financial professionals to make better decisions in real time and plan for the long-term.
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Cost Savings
With advanced FinTech solutions, you reduce operational costs due to streamlined and efficient processes.
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Improved Client Service
We build highly engaging, secure, and transparent web and mobile applications to deliver superior customer relationship management. We regularly upgrade software and its features (KYC/AML verification, document sharing, instant messaging) for hassle-free transactions.
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Improved compliance
Our scalable, robust, and efficient FinTech solutions are compliant with industry, regional, and domain-specific regulations. We regularly upgrade systems to maintain the legal and security requirements for your customers to transact safely.
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More Transparency
By leveraging advanced technology (AI, blockchain, big data, and IoT), we build highly secure, faster, and more transparent processes for your unique business challenges.
Why opt for Fintech software development right now
With a professionally implemented Fintech solution, you can get the following benefits:
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$36.8
The market size of Banking and Financial Services applications is expected to grow at a CAGR of 2.7%, i.e., $36.8 billion by 2026 from $33.5 billion in 2021. (Apps Research and Buyers Insight)
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65%
65% of accountants prefer to automate workflows, processes, and payments over the next 5 years. (Sage)
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50%
With 50% of BFSI permanently adopting cloud accounting post-pandemic, the market size is expected to increase by 14.2% CAGR i.e., $4.25 million by 2024. (Capterra)
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12.6%
AI-driven financial consulting is expected to grow at a CAGR of 12.6% by 2026. (Capterra)
$36.8
The market size of Banking and Financial Services applications is expected to grow at a CAGR of 2.7%, i.e., $36.8 billion by 2026 from $33.5 billion in 2021. (Apps Research and Buyers Insight)
65%
65% of accountants prefer to automate workflows, processes, and payments over the next 5 years. (Sage)
50%
With 50% of BFSI permanently adopting cloud accounting post-pandemic, the market size is expected to increase by 14.2% CAGR i.e., $4.25 million by 2024. (Capterra)
12.6%
AI-driven financial consulting is expected to grow at a CAGR of 12.6% by 2026. (Capterra)
Benefits of hiring KrishaWeb for Financial software development
- Developing customer-centric solutions to help BFSI stay competitive by supporting economic sustainability.
- Automating processes and workflows for faster and more efficient BFSI services by seamlessly integrating payment platforms, accounting software, and other financial systems.
- Streamlined client communication for enhanced Customer Satisfaction.
- Using SSDLC best practices to design highly secured Fintech solutions.
- Fintech solutions are compliant with financial regulations (FASB, SOX, and PCI DSS).
- Enterprise-grade web and mobile application development at a lucrative price.
- On-time project delivery with regular reporting upon completion of each milestone.
Technologies We Serve
Empowering your business with the latest technologies we use!
Client Feedback
Delve into the feedback from our valued customers!
FAQs
We hope these questions and answers help you find the best digital transformation partner for your business.
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Depending on the project scope, functional and non-functional capabilities, and implementation, Fintech solutions costs vary. A mobile application costs approximately $150K while developing feature-rich, highly-secured, and scalable software requires investment worth $2M+.
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We analyze your business requirements to outline essential features only for your BFSI software development. We apply an iterative approach (Agile/Scrum) to introduce these functionalities and enable faster ROI from the implementation. Lastly, we use proven platforms, pre-configured components, and frameworks to reduce the cost of developing financial software.
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We provide a full stack of BFSI software development services, and a dedicated team of project managers, software developers, QAs, and testers to build and deliver enterprise-grade Fintech solutions.
What makes us your ideal partner?
We believe that you deserve a digital web agency that is experienced and versatile. At KrishaWeb, our prominent IT experts know the trends and the best practices outperforming the market.
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14+
Years of experience
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1950+
Projects Delivered
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1000+
Happy Customers
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110+
Team
