Fintech software development services

The time it takes to develop FinTech software can vary, but on average, you're looking at anywhere from 3 to 12 months. It depends on the complexity of the solution, the features needed, and how much customization is involved. A simple MVP may take a few months, while a more comprehensive platform with advanced features could take closer to a year or more.

There are many effective strategies that developers employ to ensure the fintech solutions they build are compliant with all the relevant regulatory standards. At Relevant, our specialists work with legal and compliance experts to stay updated on the latest rules issued under PCI DSS, GDPR, ISO, or KYC/AML regulations. 

We implement encryption protocols and multi-factor authentication required by industry standards, perform regular audits, extensively test every feature, and document every step. All these practices are embedded into our fintech software development process. Thus, we minimize risks and ensure that the fintech solution operates within legal and security frameworks.

Fintech applications must comply with diverse security requirements, such as identity management, built-in cybersecurity measures, and adherence to global and regional security regulations. Achieving this requires high expertise in software development financial services, encompassing data encryption, role-based access control, DevSecOps, secure application logic with one-time passwords, and rigorous penetration testing.

Yes, FinTech software developers can absolutely do that. This process often involves careful planning, technical expertise, and a deep understanding of both the existing financial system and the new technology you want to integrate. Regardless of what kind of new technology (AI, blockchain, or advanced analytics) you need to integrate, experienced developers like the one at Relevant know how to seamlessly blend these innovations with legacy systems.

We possess vast expertise in fintech app development services, from developing lightweight payroll software and wealth management tools to building ERP software with comprehensive Big Data analytics capabilities. Our capabilities extend to developing other fintech solutions such as mobile payment software, billing software, banking software, document management systems, project management software, and tax preparation software.

Definitely, each of our clients is assigned a dedicated project manager who oversees every aspect of their project, supervising their team's work. Our project managers are available for communication through various channels such as Skype, calls, messages, and emails, ensuring that clients are updated on project progress and that any issues are addressed promptly.

We employ various project management tools such as Jira, Slack, Skype, and Trello. Additionally, we can integrate with any tools your team currently uses to ensure a seamless fintech product development outsourcing workflow that complements your existing in-house setup.

Relevant provides two primary project management options: a dedicated fintech development team or end-to-end product development. For additional details, please visit our pricing page.

Safeguarding your confidential data and project details is of utmost importance to us. Before commencing any work, we will sign various legal documents, including but not limited to a Scope of Work, Non-Disclosure Agreement, Service Level Agreement, Data Protection Agreement, and Master Service Agreement. We are dedicated to honoring our contractual commitments and safeguarding the security and protection of your data.

In case you find that you need any alterations, updates, or feature enhancements to the software, we have a straightforward process. First, we discuss your new requirements to better understand what needs to be done. Then, our team assesses the scope and timelines needed to realize the changes and provide you with clear options. After that, we execute the discussed software changes, test everything to ensure it runs perfectly, and roll out the updates without disrupting your operations.

Absolutely. We offer our expertise in fintech product development through our complimentary Idea Validation service. You can choose the best approach that suits your needs, and we'll provide consultation on all stages of fintech software development, from ideation to product launch.

Yes, we offer end-to-end fintech software development solutions with a skilled team of professionals, including business analysts, system architects, developers, testers, DevOps engineers, and data engineers.

Of course. We provide a full team of specialists, including UI/UX designers, motion graphics experts, visual identity designers, full-stack developers, QA analysts, and DevOps engineers, with extensive fintech sector experience.

Our team is experienced in working under tight deadlines and will begin with a dedicated team, gradually onboarding specialists as the project progresses. Typically, a full, dedicated fintech development team can be fully operational within a month of commencing work.

If you’re ready to move forward, the next steps are simple! We’ll schedule a kickoff meeting to discuss your specific needs and project goals. Our team will assess your project needs and present a customized solution with a detailed proposal that includes the scope of work, timeline, and cost. Once agreed upon, we will assemble a team of relevant experts, map out a clear plan for project development, and start the actual work on your project. It really is that simple.