Algothic Are Fintech Developers

Secure software solutions to enhance user experience in the new, digital landscape

For banks, financial advisors, brokerages, insurance companies, payment providers, and any other financial company, a custom software solution is a powerful way to optimize front- and back-office processes, giving your team the tools it needs to succeed and providing customers with more control over their financial endeavors than ever before.

Check how it works Why choose Algothic

Advantages of Investing in Custom Financial Software Development

In today’s world of digital transformation, financial services companies are juggling a variety of critical demands:

Heightened regulatory standards
Sky-high data security requirements
Increased risk of attack
Growing customer expectations for connectivity, transparency, flexibility, and a seamless user experience

Combine these universal requirements with your finance company’s unique process and customer service needs, and you’ve got a hefty job description for any software solution. While off-the-shelf financial software can solve a few of your problems, for many organizations, there is no out-of-the-box product that offers the operations support, customer experience, and airtight security and compliance banking and financial management companies need.
Custom finance software, on the other hand, is 100% tailored to your needs, designed to support your business now and in the future, and perfectly balances functionality, user experience, and security to optimize all three.

Why Choose Algothic as your Custom Financial Software Development Services Partner?

Algothic’s expert business analysts and developers partner with financial services companies to develop the software solutions they need to achieve that frictionless experience with world-class security.

Customer-first approach

The primary indicator of our success is our customers’ success .Our dedicated development teams prioritize the best solutions for our clients every step of the way.
Broad technology expertise

Our diverse technology stack experience and expertise in the financial services sphere mean we can partner with clients to tailor effective solutions to any need.
Sleek, user-friendly design

Our UI and UX experts can give financial institutions a “digital makeover” with visually appealing apps that promote a better customer experience without sacrificing functionality or compliance.
Locked-down security

We understand the need for bulletproof security, and we pair preventative strategies with airtight incident response plans to keep your customers’ financial information safe.

Our Services

From database management to mobile applications, Algothic’s team of software engineers are ready to create custom solutions to streamline every area of your financial services business.

Agile Software Development

Our agile software development process empowers our clients to create bleeding-edge software apps that bring their new initiatives to market as quickly, effectively, and securely as possible.
Data Management

Data is the heart of every business, but the stakes are highest in the financial industry. Algothic’s software solutions help our clients manage and organize data while paying close attention to security and regulatory compliance.
Banking Digitization

We create software solutions that bring financial services into the digital world where customers live. From cloud services to mobile apps, we help our customers stay ahead of the curve.
System Modernization

With ever-evolving regulations and technical requirements, keeping aging systems up to date is no easy task. Algothic’s flexible solutions meet today’s requirements and anticipate tomorrow’s.
Process Management

Algothic’s applications help our financial customers streamline internal and external processes to meet consumers’ demands for efficiency, transparency and personalized service.
Blockchain

Blockchain is revolutionizing the tech landscape. From strategy to implementation, the Algothic team is ready to help clients apply the latest innovations to their systems in practical, beneficial ways.

Many companies are not yet getting the most from their technology

44%

Only 44% say finance is well equipped to produce meaningful business analysis and reporting

67%

To take full advantage of automation, our finance functions will need to develop new skill sets and capabilities

With the rapid pace of change, companies must be able to use data to drive success

68%

Many expect that the increasing complexity and volume of data will make it much more difficult to translate data into swift and decisive action

79%

And even more say their companies need to develop or acquire capabilities in advanced analytics that they don’t have today

Better use of sophisticated technology will enable finance to achieve strategic goals

72%

Raise finance’s importance within the organization

71%

Get finance more involved with operating or business and more time for higher-value work

Our FinTech Technologies

Algothic is more than a vendor. Our dedicated team of developers and business analysts are ready to partner with you to implement the custom solutions that streamline your operations and empower you to focus on the core of your business.

Python

Used in many leading fintech apps, Python offers a wide range of open-source component libraries and a transparent syntax that, combined, lead to fewer bugs and broader community support than other technologies.
Pandas

This Python library offers developers high-quality data structures and analysis tools to enable organized, insightful, and secure data management.
Apache Airflow

This open-source workflow management platform, written in Python, integrates seamlessly with a variety of technologies and allows developers to build, schedule, and monitor complex workflows
Flask

Flask is a web development microframework for Python, whose minimal default features and capabilities make it easy to create elegant, streamlined applications. It’s easy to implement and provides significant flexibility to include a variety of Python modules.
Kotlin

This cross-platform programming language, fully compatible with Java, is ideal for fintech backend development, particularly of Android applications.

Our Financial Software
Development Process

Idea

Before we do anything else, we want to learn all about your idea. We start by having you tell us, in detail, about your vision for the software. What business goals are you hoping it will help you achieve?
Business analysis

Then, we learn about your business. What processes are you currently using to work toward your top goals? What’s working well, and where are the logjams or obstacles that are slowing you down? How should the new software fit into or replace current processes and workflows?
UI design / prototyping

To be sure our vision is aligned with our client’s, we use what we’ve learned to build a prototype—a visualization that starts to bring the software solution and its user experience to life for your team.
Development

Once we are aligned on the vision for the product, the development process begins. We use an agile approach—including ongoing quality assurance processes—that enables us to deliver usable iterations of the application on a regular basis, adding layer upon layer of complexity until the project is complete.
Testing

Before a line of code goes live, we work with our clients to ensure the platform is working exactly as it should—and to repair bugs, solve problems, or upgrade features as necessary.
Deployment

Before a line of code goes live, we work with our clients to ensure the platform is working exactly as it should—and to repair bugs, solve problems, or upgrade features as necessary.
Maintenance and support

Whether real-life usage of the software reveals necessary adjustments or your growing business could benefit from additional features down the road, Algothic’s team is on call to support the performance of your new application even after implementation.

Considerations for Financial Software

There’s a lot to consider when planning out new software for finance companies. As your development partner, we’re with you every step of the way, pairing our business and software development expertise with your deep knowledge of your industry and your specific business needs. Here are just a few of the decisions we’ll make together:

Software Type

Will this new software support the front end or the back end (or both)? Do you need a web application or a mobile application? An e-commerce platform? Communication portal? We’ll help you identify the perfect software structure to meet your financial organization’s needs.

User-Focused Features

Who is the end user for your product? Is it your internal team? Customers who are already financial wizards? Customers who are new to the world of money management? Tech-savvy users or users who may need a little more help navigating digital banking? We work with you to understand your audience and design a solution that works for them.

The Right Tech Stack

The right combination of technologies is different for every project. From ensuring your platform is responsive on all devices to incorporating the data management, design, and customization features that mean the most to you, we look for the perfect tech stack for every project.

Security Features

The security and regulatory compliance of a financial organization’s systems can make or break its reputation—and its bottom line. We understand what’s at stake, and we keep security top of mind through every step of the development process.

Customer Success Stories

ERP solution for a Wholesale operator

A wholesale operator hired Algothic to build and implement a new enterprise resource planning (ERP) system.

Algothic replaced the legacy application by creating a brand new, comprehensive solution built on innovative technologies and fully supporting the customer’s business processes.

Technologies: .NET, Java, PHP

Digital Rights Management Platform

Technologies: NGINX, PHP, Symfony, AWS, Python

Employment and Recruitment Portal

Technologies: Laravel, PHP,
MySQL