BFSI Software Development Company

The BFSI – banking, financial services, and insurance industry is in the middle of the revolutionary technology shift. Today’s digital customers are demanding financially smart customer-centric solutions as security breaches have become more and more frequent. The government’s regulations regarding access to financial information are becoming increasingly stringent. Businesses in the BFSI sector are in need of top-of-the-line IT development partner who understands their critical issues and helps them resolve unique business challenges of the industry. With our in-depth knowledge and extensive experience in delivering robust software solutions, we help financial institutions to do better and make the most out of it.

Bacancy Technology has become a trusted name for small and medium-sized enterprises to large-scale banking and financial service organizations. Clients around the world have leveraged our technical and domain expertise for their specific outsourcing needs at the various project lifecycle. Our Banking, financial and insurance service covers a wide range of business areas such as core banking, financing, payments, multi-channel banking, wealth management system, insurance management system, data mining tools, analytical solutions, stock trading applications, Payment gateway APIs and more. We understand that there’s no one size that fits all banking and financial services; that’s why we closely work with all type and size of companies to create unique software solutions.

Digital Services and IT Solutions for BFSI Sector

Every second, millions of transactions take place in the world, and technology has made it possible to validate the details, capture the data, and execute the transaction in milliseconds. We aim to simplify and automate your user’s digital experience by modernizing the legacy system and leveraging the FinTech and DevOps partnership ecosystem.

BFSI Enterprise Solutions and App Development Company

The world of BFSI industry is one the verge of rapid and fundamental change due to which customers are expecting a seamless, personalized experience across multiple platforms. Bacancy Technology is a globally renowned BFSI IT solution provider, delivering fundamental financial IT solutions and services that institutions require to speed up the financial operations as well as innovation. Our software developers have in-depth knowledge and skillful expertise in technical and domain sectors, and we have helped numbers of organizations to help them grow their business.

Software developers at Bacancy Technology have deep expertise in developing financial solutions understanding your customer’s unique requirements and demanding situations to build tailored solutions to address your challenges. We have successfully delivered high-performance and flexible IT solutions to help the BFSI sector gain a competitive edge and improve their customer satisfaction.

BFSI Enterprise Solutions and App Development Company

We are Next-Generation BFSI Service Provider

Globally, banking, financial services, and insurance organizations rely on Bacancy Technology to incorporate new technologies and improve their operational efficiency to resolve their most complex business and technology challenges. Our adroit industry experts, web and mobile developers, and data scientists are specialized in delivering BFSI services. We ensure optimal user experience for your customers with improved, secured, and compliant network.

Architecture development and design

Analytics

Application maintenance and support

Application integration services

Business process re-engineering

Business Intelligence – Decision support systems

Content management solution

Consulting and In-house centers setup

Enterprise Resource Planning

IT strategy consulting

Mobile enablement for Websites

Product enhancements and development services

Product implementation methodologies

Portal development

Security consultancy and audit

Systems integration services

Frequently Asked Questions

Is 15 days risk-free trial period completely free?

Yes, It’s completely free. We allow this free time period to evaluate the code quality, communication, on-time delivery, Agile software development process, and more of the hired trial resource. If you get satisfactory work, then you can continue with the engagement, and if not, then you can right-away cancel it.

We are based in the USA, Canada, and India. We have 300+ in-house skilled developers with an average experience of 8+ years.

Absolutely, you can. Choosing us gives you peace of mind, and we are here to help you fill the technology gap on your behalf.

We have extremely talented Agile software developers who have in-depth knowledge and extensive experience in all the top-notch technologies.

Hire Dedicated Developers from us to work according to your time zone (EST/PST/CST/MST), deadline and milestone. To know more get in touch with us at [email protected] or skype "Bacancy.”

Yes, the developers you hire from us will dedicatedly work on your project as your employees only. You will have the total access and complete control on them through your convenient communication platform.

Yes, we use industry-standard project management tools like Jira, Trello, Pivotal Tracker, Asana, etc. Where you will be able to track the productivity of developers and monitor the daily progress of your project. You can create the task, assign the work and monitor the development progress.

For source code management and version control, we use Github / Bitbucket. Our developers will regularly push the code so you can review all the commits and manage it easily.

No, not at all. We ensure not to re-use your license keys, patented processes, trademarks or proprietary algorithms or anything specific that we have used explicitly for your project only.

We follow Agile and Scrum methodology. Where the team does a daily standup, meeting called “daily scrum.” Preferably, the meeting is held in the morning and it lasts 10 to 15 minutes. During the daily standup, each team member is required to answer the following questions:

  • What did you do yesterday?
  • What will you do today?
  • Are there any blockers or impediments in your way?

The developer is required to mention what he/she accomplished yesterday and will he/she work on today. It helps the entire team to understand what work has been done so far and what work has remained to achieve the milestone. This is how you can have full transparency and control over your project and developers.

After careful consideration of your project requirement, we assign a skilled and seasoned programmer to work on your project under a well-established IT set-up.

If you prefer, you can conduct as many interviews as you want, before you hire a developer of your choice. If in-case, the expertise of a hired developer does not deliver the desired output or if you want to add more developers with the diverse skill-set, then we will help you in both situations right away. We are offering peace of mind with 100% success guaranteed.

We provide three types of hiring engagement models.

Dedicated Developer - Monthly basis

160 Hours a Month. 8 hours a day, 5 days a week

Hourly Basis – Hours/ Month

We use time tracking tools like time doctor, hub stuff for time tracking

Time and Material Base

You can share your requirements with our team. Our team will evaluate your requirements and then get back to you with the detailed estimation of your project along with time and cost as well as the roadmap of the project.

Dedicated Hiring: -

For dedicated resources hiring or engagement, you are required to pay the one-month upfront payment. Then the payment will be on a monthly basis from the next cycle.

Hourly Basis: -

As per the pre-agreed contract with you, in hourly basis you are required to pay one week of advance payment, and the remaining amount can then be paid in weekly, fortnightly or monthly payments.

Fixed Time and Cost Model: -

For the time and material base hiring, you will be required to pay 20 to 30% cost of the project as upfront payment and the remaining amount will be based on the milestone so upon completion of milestone you will be releasing next % of payment.

You will have complete ownership of your entire project. It includes the NDA, copyright, source code, intellectual property rights, etc.

Yes, we do have.

There are a couple of benefits of hiring dedicated and skilled developers

  • An opportunity to work with dedicated and skilled developers
  • Total control over the development process
  • Hiring a dedicated team guarantees a Quality Assurance and risk minimization
  • We will provide a dedicated Scrum Master (Project Manager) to manage your project and team, without any additional charges. At a free of cost
  • A shared QA will be provided to assure quality without any cost
  • And at last, but not least is the fact that developers work as a part of your team

Yes, we have. Interestingly, our skilled and experienced developers have worked upon many projects and ensured smooth transition & efficient processes for our many clients. Get in touch with our expert at [email protected] OR Skype us at Bacancy to know more about the services we provide & how many projects we completed till now.

Here is a simple procedure we follow once you start your project with us:

  • Understand your existing project requirements & work done by the other service provider.
  • Provide a Full Stack developer or a team with the same skill set you require in your project.
  • Provide progress report & manage daily Stand-up calls with our Project Managers regarding the work.
  • Last but not least, we will give our best to make your expectation for a smooth transition possible.

Either Party to this agreement may terminate the agreement, with or without cause, by providing at least 14 days (2 weeks) written notice to the other Party. Upon termination of this agreement, the Bacancy Technology shall deliver a termination Invoice for work completed to date, which shall be paid by the the client (in 3 business days). The Termination Invoice shall specify all unpaid work and the remaining amount of the work done till termination date. On termination all work completed to date shall be delivered to the client in a usable electronic format.