Custom Software Development for Finance Industry
Finance industry works in a dynamic regulatory environment where it has to deal with various challenges that include, but may not be limited to:
- Constant changes in regulatory norms and standards
- Continued focus on managing Operational and IT risks
- Sustaining in the competitive market
- Revenue growth
- Increase in customer base
- Ensuring customer retention
Finance software solutions developed by TatvaSoft has helped companies in finance industry in managing the operational risks occurring in the organization, comply with the changing regulatory norms, ensure customer retention and increased customer base with growth in revenue.
Our broad Custom Software Development Finance & Insurance Industry expertise and business solutions aid our customers in accomplishing their organizational goals. And the various strategies help to manage the IT risks related to the Finance Industry.
Some of our finance business solutions developed for clients with proven track records are as follows:
- Conceived and developed centralized and secure Point of Sale application for a leading exchange company in Sweden ensuring simplified, streamlined and optimized branch operations.
- Built business intelligence solution that simplified the time consuming and tedious loan and insurance processes.
- Enabled greater level of planning and reporting for business owners, helping them to improve profitability of the business firm with the accurate cost, expense and profit calculations.
- Integrated an easy-to-use solution that bring financial analysis, portfolio management and administrative workflow management together for leading the UK based fund management provider.
- Delivered a mission-critical system for a leading bank, ensuring quality online services for managing financial transactions to their customers.
TatvaSoft has developed cost-effective and comprehensive IT business solutions that cover most of the aspects of the financial domain.
- Foreign Exchange Solution
- Financial Information System
- Enterprise Resource Planning System
New range of revenue opportunities opened for a leading foreign exchange service provider company in Sweden while simplifying the complexities involved in international currency exchange for global payment.The "Foreign Exchange Solution" helped our customer's business prosper faster with no hidden cost involved, reduced operational errors while processing fast, secure and reliable transactions by safe Point of Sale application.
- Managing cash register transactions
- Buying and selling of currency that include purchasing traveller's checks, deposit and withdrawal, daily cash, foreign payments etc.
- Accounting and credit card payments
- Maintaining customer, engagement and transaction history
- Secure transactions
- Integrated with banks and auditing firms
- Registry maintenance and configuration
Facilitating real time and bidirectional synchronization of data to a centralized platform from the geographically dispersed systems. "Financial Information System" helps our customer avail optimized information for exchange from the central data store and manage financial and sensitive information securely in a real time environment.
- Provides centralized configuration platform for application programs, database server and system settings
- Serving as business logic for capturing and processing raw information to processed system data
- Designed to cater needs of due diligence processes
- Reliable security and authentication through LDAP (Lightweight Directory Access Protocol)
- Provides multi-lingual user interface
Emerged as one of the largest selling ERP system across Middle East, the ERP system helped our client to centralize and streamline all the processes across various departments of an organization. Our client gets benefited with managing total flow of money (i.e. cash and bank), tracking all expenditures and maintaining all account related entries. It provides fully integrated accounting module that covers financial accounting, account and cost centre balances, budgets, chart of account and many more. Equipped with dynamic report builder that generates valuable financial reports for business owners enabling them to take important business decision based on the company's financial position at any point of time.
- Ability to centrally track financial accounting of multiple companies, cost of centres and currencies
- Provides flexibility to manage various account activities for budget, balance, credit, debit etc.
- Real time consolidation of multiple charts of account
- Asset management with integration to financial accounting modules
- Support electronic banking transfers, automatic invoicing and cheques book details.
- Handling bank reconciliation processes for reconciliations of bank entry.
- Facilitates rich functional modules for specific accounting features that includes maintaining details on bank transfers, bank portfolios, bank notices and adjustments, letter of guarantees etc.
- Point of Sale for selling item from warehouse, updating inventory item and generating voucher
Our wide range of software development for banking, financial services and insurance industry, has helped companies improve their profitability. Check out our projects for more details.
- CMMI ML 3 Software Development Company
- Microsoft Gold Certified Partner
- 16 Years of IT Experience
- Intellectual Property Rights protection
- Approach to build long term relationship
- Global exposure and diverse expertise
- Onshore-offshore model
- Proper Hierarchy & Escalation path
- Expertise on diverse technologies & domains
We will contact you at the earliest to further discussion.