November 28, 2021

Hints to order the fintech application development

The fintech industry is an area that requires the greatest precision and safety in all operations. Companies use standard SaaS financial solutions, but quite often it’s not exactly what the business needs to improve employee productivity, customer satisfaction, and overall business performance.

Tailor-made fintech solutions will make life easier for all sides of interaction and make most of the processes automatic. The main issue here is to find a reliable development company, like this one.

Only professionals can develop a fintech application in a quality manner

The selection of a trustworthy development company is an important decision on which the success of your project depends. When determining the exact cost and development time, it is better to first form an SRS (software specification). Within the detailed list of wishes, and understanding of future needs, you can collect the offers, compare, and estimate them based on several measures.

Usually, the whole process looks like this:

  1. Elaboration and clarification of business and functional/non-functional requirements.
  2. Negotiation of conditions.
  3. Development.
  4. Internal testing.
  5. Delivery of the product.
  6. Launch of the custom solution.

It is not for nothing that the preparation of the technical demands was indicated by the very first because what you get in the end will depend on how competently it is written. It can be done either in-house if there is understanding and experience in drawing up such documents or outsourced to the 3d party developers. If you do not have a technical specification or have difficulties with its creation, then it’s highly recommended to create an SRS with the assistance of a qualified development team. Only offers, that are based on the detailed and professionally written technical specification can be comparable.

Compliance with deadlines is no less important because the project usually consists of several stages. If the dates are shifted for one of them, then they are shifted for the rest. Turning to amateur freelancers, you will get stretching of the development process, constant transfers of the deadline, and pure quality of the IT solution.

Therefore, such an important matter can be entrusted only to a professional development team, which will promptly create a high-quality product. Expert fintech specialists know how to design applications that can withstand any load, meeting security regulations and coding standards. Your fintech application can be simultaneously used by tens of thousands of customers who will show loyalty to your brand without even looking in the direction of competitors.

Fintech trends in recent years

Along with technologies that modernize traditional money, new directions are developing that are worth paying attention to. They are already interested in your current consumers, they are also interesting to your potential customers, whom you can attract with a modern approach.

Cryptocurrency

Blockchains

Blockchain technology is now needed by any business, as it turned out to be suitable in all areas. Blockchain applications are based on decentralization and distribution, they are transparent and secure. We have been doing blockchain programming, writing smart contracts, conducting security audits for a long time. Experienced in deploying on well-known platforms, as well as building from scratch. It’s time for you to join the new technology by ordering blockchain development.

Coins, tokens, ICO, IEO

Cryptocurrency found the acceptance of progressive people and changed the foreign exchange market forever. Digital assets have taken over a significant share of investment. New cryptocurrencies appear regularly, and initial coin offerings are held. It is difficult to move Bitcoin and Ethereum, but it is real to take your place under the sun. Perhaps it is your coin or token that will be included in the top three if you order a cryptocurrency issue from us.

Cryptocurrency trading

While some companies launch crypto projects with their own currency, others help to promote them in the market. They also enable customers to buy a new product more quickly. Everyone can make money on crypto trading and exchange – sellers with buyers, traders, and most importantly, a trade organizer. Expand your scope of activity by ordering the creation of a cryptocurrency exchange or exchanger.

Need to create a fintech application? With ease!

In the financial and banking markets today, the main condition for existence and competition is the ability to quickly change, as well as the use of new technologies that are interesting to the target audience. This is facilitated by the insight of your managers and the positive experience of clients in the use of fintech.

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