Financial software development services
Make your mission-critical projects stable and predictable with Luxoft, which unites thousands of seasoned financial software development professionals.
Banking software development services we implement
Full-stack trading and risk solutions
Enhance your in-house risk management with a bespoke, platform-managed service with end-to-end capabilities.
Middle and back-office solutions
Make your middle- and back-office operations more efficient with leading real-time liquidity management and regulatory reporting solutions.
Client lifecycle management
Find the key to boosting customer acquisition, retention and lifetime value with CLM and KYC solutions tailored to your unique needs.
Core banking transformation
Optimize, transform and modernize your core banking stack without disruptions thanks to our financial software development expertise.
Lending automation
Increase operational efficiency by automating calls and workflows, and standardizing loan default management with our EarlyResolution solution.
Wealth management digitalization
Exceed new-age investors’ expectations with modern wealth investing solutions, a comprehensive digital ecosystem and impeccable digitalized experiences.
Platform modernization
Optimize IT spending, improve cost efficiency, and keep your product competitive by having professionals upgrade, transform and maintain your in-house systems.
Consult one of our global strategists today
Implementing Fenergo CLM for a Swiss bank
Banking and Capital Markets, Capital Markets
Upgrading and integrating a harmonized global client onboarding and KYC platform
A major Swiss bank chose Fenergo CLM as their enterprise solution for client onboarding and KYC — their desire being to streamline processes and reduce the time to onboard and generate revenue. Starting in the US, the asset management division implemented their base solution in 2021 on a well-tried and tested version of the Fenergo software.
Banking and Capital Markets, Capital Markets
Upgrading and integrating a harmonized global client onboarding and KYC platform
A major Swiss bank chose Fenergo CLM as their enterprise solution for client onboarding and KYC — their desire being to streamline processes and reduce the time to onboard and generate revenue. Starting in the US, the asset management division implemented their base solution in 2021 on a well-tried and tested version of the Fenergo software.
What we can do for you
What we can do for you
Unlock the full potential of data and gain real-time insights into your operations, performance and customers with advanced data analytics.
Boost employee productivity and deliver excellent customer experiences with convenient, intuitive and pleasant-looking applications.
Keep your digital ecosystem resilient in the face of cybersecurity challenges while speeding up time to market in software development for financial services.
Retain or gain market leadership in the digital era by upgrading legacy systems and improving their performance, security and scalability.
Streamline operations, improve cost efficiency and boost employee productivity with advanced data-driven automation features.
Improve system performance and scalability while keeping your data secure with our cloud banking software development expertise.
Your reliable financial software development partner
As a financial software development company, we have earned a badge of trust from leading global financial institutions. Our unrivaled technical expertise and intricate understanding of the industry are the reasons why we are trusted by 350+ active clients worldwide.
Our experience and expertise allow us to deliver software development financial services that help companies remain competitive and achieve their business goals in the software-defined world.
Financial sectors we serve
Asset managers
Consumer lending
Corporate treasury
Hedge funds
Investment banking
Market infrastructure
Retail and commercial banking
Wealth managers and private banks
Why Luxoft
Profound industry-specific technical expertise
For decades, we have been a trusted provider of change in the banking and finance industry. Armed with our extensive, in-depth technical expertise, we find the right technological solution for every client, no matter the level of complexity.
Financial service fluency
As a banking software development company with 45+ years of experience, we possess an intricate understanding of financial and banking services and operations. It powers our solid problem-solving skills — and allows our clients to make the most out of every technology.
Top-tier partner network
Our partnerships with leading tech vendors allow us to seamlessly integrate independent solutions into your ecosystem and tailor them to your needs. Our partners include Murex, Finastra, Adenza, Temenos, Fenergo, Orchestrade and more.
No challenge too complex
We know that no two financial organizations are the same. Neither are the challenges they face. That’s why every solution is custom. We also excel at complex problem-solving thanks to our in-depth technical expertise and deep understanding of the industry.
Luxoft stands for
45+
years of industry experience under our belt
350+
active financial clients who trust us
7,300
financial software development experts on our payroll
70+
countries we serve
17
of the top 20 global banks among our clients
> 70%
financial software developers with advanced degrees
Our services and expertise at a glance
Discover how we can help your business upgrade your mission-critical systems and operations to gain or retain market leadership.
Our latest news and insights
FAQ
Financial software development aims to facilitate and streamline financial processes and achieve the organization’s business goals with the help of software solutions. Those goals can include retaining market leadership in the face of fintech competition, improving customer experience, boosting employee productivity and more.
Financial software development services can include:
- Modernizing an existing legacy system
- Automating testing and other quality assurance processes
- Developing and launching a mobile banking application
- Assessing and improving data security
- Developing and launching a real-time payment application
Software development for finance has its peculiarities. The finance industry is heavily regulated and deals with sensitive data. So, compliance and security must be a core part of every process step. New financial and banking solutions must also seamlessly integrate with the existing digital ecosystem.
Custom financial software development allows banks to:
- Ensure regulatory compliance. From privacy regulations (e.g., GDPR) to industry-specific laws, bespoke development enables banks to comply with rapidly evolving legal requirements
- Integrate the solution with existing infrastructure. A bespoke application can be seamlessly added to the existing digital ecosystem to streamline operations, enable data sharing and boost employee productivity
- Secure data and business logic. Bespoke development allows for implementing enhanced cybersecurity standards, from data encryption to identity management. Continuous maintenance after deployment will keep the solution highly secure in the face of new vulnerabilities and challenges
- Enable high performance and scalability. With the architecture adapted to the bank’s infrastructure and business use cases, the bespoke solution will work smoothly, with no unexpected downtime or irritating glitches or lags
We recommend basing our collaboration on one of the following three managed delivery engagement models:
- Autonomous squads. We fill independent but limited roles with our professionals for the carved-out scope of work. We also manage the squad and its tasks daily, while you oversee the project scope, backlog and schedule
- Application ownership. We put together an all-encompassing team for end-to-end delivery of specific applications in scope. You are responsible for end-to-end program and portfolio deliverable and feature prioritization
- Application portfolio ownership. You give us complete autonomy in managing the portfolio and associated risks. We take over the project, technical, maintenance, transformation and enabling tasks with the squads of the appropriate team structure
We can also provide team augmentation services to help you promptly bridge the talent gap. Our professionals will enhance your in-house team while you maintain control and visibility over project management.
Banking software development services are essential to every stage of the product life cycle, from ideation to end of life:
- Ideation. If your product is at this stage, collaborating with a development partner gives you access to the in-depth technical and domain expertise you may not otherwise have. It also allows you to make thought leadership consistent and improve collaboration through co-located teams
- Development and launch. Solution delivery becomes predictable and stable with the right partner that shares delivery ownership. The development company can also optimize it for maximum cost efficiency
- Growth and maturity. The development partner is there for you when you decide to undergo digital transformation or role transition. They will help you achieve your goals efficiently and with minimum costs by taking on application delivery ownership
- End of life. At this stage, development services can help you ensure demand throttling and efficiency and improve the cost efficiency of your solution. Your partner is likely to take on portfolio delivery ownership