Oct 10, 2024
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Elevating Core Banking Software: Our Partnership with Finnova AG Bankware
Ongoing

Elevating Core Banking Software: Our Partnership with Finnova AG Bankware

$100,000+
more 1 year
Switzerland
10+
view project
Service categories
Service Lines
Software Development
Domain focus
Banking & Financial Services

Challenge

Finding high-quality software developers with a particular set of skills is very hard. When you add the requirement that they must be able to speak and work in German, it’s even harder. Being a leader in digital transformation in the banking sector, Finnova’s software development team is a very valuable asset in the company.

However, Finnova struggled to find qualified PL/SQL developers who would work on development of new features and maintenance and improvement of existing features and modules of their software. They were looking for a partner who could provide them with a stable team with adequate skills and knowledge that was easily extendable. Those German-speaking developers would work together with their internal team.

Solution

In our team, we have highly skilled and knowledgeable PL/SQL developers that passed Finnova’s criteria. They only had to learn German. That is why they took a three months intensive German language course in Serbia.

After they successfully finished it, they started collaboration with Finnovas’s team of developers.

Together with colleagues from Finnova, our developers are working on improving and adding new functionalities to different modules of Finnova’s software.

The modules of their software are:

Loan advisory,
The core banking system,
Money Market (Treasury),
Investment banking, which includes Portfolio Management system and Stock exchange

Results

The new module enables Finnova’s clients to conduct thousands of stock exchange data checks of technical information, precisely, accurately, and in a matter of seconds.

The new module:

Can be sold individually, unbound from the rest of Finnova’s software and other modules
Can validate the stock exchange account without recording it into the database
Works faster