Custom development

When you want to launch an innovative business, service, channel or product in the Financial industry there are lots of things you need to consider:

• Regulatory requirements
• Compliance
• Existing technology stack
• Legacy solutions landscape

You have to deal with an over-complex and heterogeneous landscape where many parts of the system don’t “talk” to each other, or don’t talk in the right way.

Another dimension of such projects is that you have a high level vision of the end product but Business requirements are not so detailed or clear, there are no use cases and test scenarios, integration points are partially specified or not specified at all, and You know that in the Financial Industry the Devil is in the details.

Usual way to approach this situation is to add another layer of complexity and implement some enterprise solution or platform. This can look promising on the paper but when you start implementing it usually turns out that it will last longer and cost much more than you expected and budgeted. At the end the big part of the integration is missing thus the final results lack many functionalities. Often you don’t get what you want and need but what the enterprise vendor has on the shelf.

To avoid pitfalls of using the off-the-shelf products you can turn to Custom Development. In this case you need a Trusted partner to navigate you through a complex ecosystem of multiple external and internal stakeholders like ISV vendors, regulators, compliance, risk, ICT, partners, etc. and bring your Vision to reality without breaking the bank.