Banking Software Development Services

The purpose of banking software services in SCAND is to provide custom applications as well as improve existing ones. We always make sure that any software solution designed for our clients meets the highest standards in terms of required customization features, UX / UI design, and security. With nearly two decades of experience in banking and financial software development, we help our clients develop solutions to understand the power of digital transformation.

It is impossible to imagine a modern bank without special software.
High-speed simultaneous service to thousands of customers, a large number of daily banking operations, handling of bank’s administrative and financial reality, maintaining accounting and reporting, administrative and remote training of personnel, creation of a single database of electronic document management. ۔ Banking – These are just some of the areas of banking activity that require application software development.

Financial Software Development Services

Financial software development services are used to launch a variety of financial solutions that streamline the financial management process, increasing the visibility, accuracy, and security of financial data. ScienceSoft offers end-to-end financial application development services to help companies in 30+ industries develop reliable financial solutions that digitally transform and improve their financial processes.

Methods Of Project Management

Key Steps to Implementing Banking Software Development:

  • Research customer-bank needs, develop a step-by-step plan for implementation of software complex
  • Software shell installation and configuration
  • Download data from systems previously used by the customer
  • Loading data into embedded software, detecting and eliminating data transfer errors
  • Completion of a program implemented according to customer requirements
  • Launch of software in training and commercial operations of bank employees
  • Maintenance of software package during operation

In the process of implementing the program, the developer prepares the following types of documents:

  • Technical work
  • Programmers Guide
  • User Guide

Banking Software Development Terms describe a complete set of requirements for a software product and contain all the necessary criteria for checking and accepting a developed program. The terms of reference are one of the most important documents in the development of a software product. At the same time, during the implementation of the software, the technical work content can be completed and re-worked.

Lean Project Management

The programmer’s guide explains the software from a program development perspective. This manual is needed to maintain and update the program.
The user manual contains information required by users for the installation and operation of the program.
Python development company DjangoStars’s software is implemented by experts from the developer company, employees of the bank’s IT department, and employees of the bank’s specialized departments, whose work will be directly affected by the program developed.
For example, to implement an electronic document management system for corporate lending, a working group has been formed consisting of employees of the developer as well as employees of bank departments – IT services, bank security services, client employees. , Credit, Mortgage, and Legal Departments. The working group includes, as a rule, the heads of these departments.

Agile Project Management

Bank employees begin discussions with developers in the first stage – at the stage of assigning technical work to the developer. Bank employees explain to the developer the business operation scheme, the interaction scheme between the bank’s divisions, their functionality, the functions, and the results of the work performed by the divisions involved in the process.
In addition, developers are tasked with extracting the necessary data from external programs and loading them into the applicable program. At this stage, employees of the bank’s special division are also directly involved in arranging the work for the developer.
After converting the data and creating the first viable version of the program, the developers offer a program presentation and initial user training. The program is transferred to special divisions of the bank for test operations. According to the test results, necessary changes and additions are made, errors in the program are correct. After testing and finalizing the program, the developers arrange training for all end-users, and the software is accepted into commercial operation.

Result

We help banks streamline their operations and maximize profits by using the power of technology and providing their financial software development services. Banks must be prepared to deal with the next challenges associated with performance, customer experience, and compliance. We offer to modernize your legacy system, eliminate technical debt and solve data management problems. Our banking software development and industry-specific expertise include basic banking systems, data warehousing, robotic process automation, cloud computing, and more.

 

Leave a Comment