Financial Software Development

Helping the fintech business break through all barriers and turbocharge their operations with custom financial software that takes banking and other financial services to the next level.
OUR FOCUS

Key Financial Software Development Services

FinTech Consulting

FinTech Consulting

Velvetech will lead you through technological advancements, design a smart IT strategy, and make your next financial software project excel operationally.

Custom Financial Software Development

Custom Financial Software Development

Our company provides a range of software development services to help banking and other financial institutions craft custom digital solutions aligned with their must-haves.

Financial Software Modernization

Financial Software Modernization

Whether you seek to modernize your existing infrastructure to better align with your current needs or get away with legacy software, our support is dedicated to your goals.

FinTech Systems Integration

FinTech Systems Integration

To ensure all elements of your architecture work effectively, data flows seamlessly, and processes run smoothly — our systems integration expertise is at your service.

WE SERVE YOUR BUSINESS

Delivering Value for Your Financial Sector

Banks and Credit Unions

We build advanced banking software solutions for seamless operations, better customer experience, and robust security and regulatory compliance.

Investment and Asset Management Firms

With real-time data analytics, AI-driven portfolio management, and risk assessment tools, we help optimize investment strategies and maximize returns.

Fintech Startups

Design innovative fintech solutions backed up with scalable and flexible tech stacks that enable rapid product development and seamless integrations.

Stock Exchanges and Brokers

We’ll help you ensure efficient market operations that incorporate real-time data processing, HFT capabilities, and stringent regulatory compliance.

Financial Companies We Serve

Wealth Management Firms

Enhance services like personalized financial, estate, and tax planning, investment advice, or legal assistance by turning to our fintech experts.

Credit Card Issuers & Payment Processors

Fraud prevention, authorization and settlement processing, transaction security — all of that and more is available with comprehensive software.

Consumer Finance Companies

Our developers help alternative lending businesses like P2P and traditional consumer finance address their needs and services through software development.

Regulatory and Compliance Bodies

We follow the changes in financial regulations and provide technology solutions for automated compliance monitoring, reporting, and risk management.

Let’s Talk about Your FinTech Challenges and Goals!

Contact Us
WHAT WE DO

Custom Financial Software Solutions of Any Complexity

Banking Software

Core Banking Systems
Digital Banking Platforms
Banking CRMs
Treasury Management Systems
Anti-Money Laundering Systems
Know Your Customer Solutions

Core Banking Systems

Banks get our utmost help in crafting banking solutions and migrating them, automating work, going mobile, and building robust scoring.

Digital Banking Platforms

Support customers with online and mobile platforms that feature account management, fund transfers, bill payments, and personalized financial insights.

Banking CRMs

CRM implementation is the best way to have a better view of your customers, improve communication, and enable targeted marketing.

Treasury Management Systems

We support the development of treasury management solutions to help businesses optimize liquidity, manage risk, streamline cash operations, and more.

Anti-Money Laundering Systems

Monitor transactions for suspicious activities, perform risk assessments, and ensure compliance with regulatory requirements by adopting AML software.

Know Your Customer Solutions

Integral for modern financial institutions, KYC helps verify the clients’ identity, conduct due diligence, and maintain compliance with key regulations.

Payment Solutions

Payment Gateways
Mobile Payment Apps
POS Systems
Peer-to-Peer Payment Apps
eWallets
Cross-Border Payments

Payment Gateways

Our solutions encrypt sensitive information, ensure seamless integration with ecommerce platforms, and provide real-time authorization and fraud detection.

Mobile Payment Apps

Offer on-the-go payment capabilities to allow users to make purchases, transfer funds, and manage finances with enhanced security features.

POS Systems

Leverage POS systems to integrate payment processing, inventory management, and customer relationship tools into a single and user-friendly interface.

Peer-to-Peer Payment Apps

P2P apps simplify personal financial transactions by enabling quick and secure money transfers directly from bank accounts or digital wallets.

eWallets

Modern financial solutions like digital wallets support contactless payments, storing loyalty cards, and managing finances from mobile devices.

Cross-Border Payments

Our fintech development team delivers software that includes features like multi-currency support, exchange rates, and compliance with global regulatory standards.

Financial Management

Personal Finance Management
Enterprise Resource Planning
Accounting and Billing Software
Tax Management Software
Payroll Management Software

Personal Finance Management

Support individuals with tools to manage their finances, including tracking expenses, handling budgets, and planning for future financial goals.

Enterprise Resource Planning

Our team skilled in software engineering builds ERP systems tailored to financial business to provide a unified view of organizational data and enhance operations.

Accounting and Billing Software

Automating financial record-keeping, invoicing, and payment processing helps you ensure accuracy and compliance in transactions and reporting.

Tax Management Software

Level up tax preparation, filing, and compliance processes with software designed to automate calculations and manage deductions and credits.

Payroll Management Software

We’ll help you achieve effective payroll processing where accurate employee salary calculations, tax withholdings, and disbursements are no sweat.

Lending Solutions

Loan Origination Systems
Loan Management Systems
Lending Automation
Debt Collection Software
Merchant Cash Advance
Credit Scoring & Risk Assessment Tools

Loan Origination Systems

The right LOS software contributes to improving prospecting so that banks can find qualified borrowers, reduce risk, and avoid fraud.

Loan Management Systems

Banks and other financial institutions need proprietary platforms to automate time-intensive processes of managing payments and loan collecting.

Lending Automation

From application and underwriting to approval and disbursement, lending automation tools enhance efficiency and customer experience and reduce errors.

Debt Collection Software

Streamline the process of tracking, managing, and recovering overdue payments from debtors efficiently and in compliance with regulations.

Merchant Cash Advance

We have experience in building efficient tech solutions that help companies leverage MCA and support this popular type of business financing.

Credit Scoring & Risk Assessment Tools

We equip banks, credit unions, microfinance and leasing companies with tools to evaluate the risks associated with loans, credits, and lending.

Investment and Wealth Management

Portfolio Management Systems
Robo-Advisors
Trading and HFT Platforms
Alternative Investment
Brokerage Solutions

Portfolio Management Systems

With quantitative and predictive forces, we deliver systems that optimize investment portfolios and fuel trades with precise market data.

Robo-Advisors

Go for Velvetech’s robo-advising algorithms that will help keep your wealth management systems utterly personalized and highly effective.

Trading and HFT Platforms

Our team designs robust platforms, including FPGA-based solutions, to help businesses scan the markets and automate trading operations.

Alternative Investment

We develop full-featured platforms that comprise mobile and web solutions to manage alternative investments, including merchant cash advance.

Brokerage Solutions

We implement know-how portfolio balancing tools that connect optimal trading service recommendations with brokerage firms.

Insurance Technology

Policy Management Systems
Underwriting Software
Claims Processing Systems

Policy Management Systems

We have a long history of developing software for the insurance sector, helping with policy creation, issuance, renewal, and cancellation.

Underwriting Software

With data analytics and machine learning in place, underwriting solutions evaluate applications quickly and accurately, which elevates the entire process.

Claims Processing Systems

If you deal with insurance claims, you know their processing requires some effort — with the help of technology, you can easily improve the workflows.

case studies

Tradespoon, an affordable and user-friendly Trade Intelligence Platform, helps self-directed investors evaluate securities and uncover the most profitable opportunities in the market. Since 2012 Velvetech has successfully partnered with Tradespoon to develop, maintain, and enhance software tools available to Tradespoon members.

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case studies

Supervest involved Velvetech in its software development project to build a cloud platform to manage MCA, an alternative to traditional banking loans. The SaaS product we built comprises web and mobile solutions to match investors, MCA funding companies, and merchants who seek loans.

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case studies

Velvetech helps the client design and implement an FPGA-based solution to support high-frequency trading. That included prototyping, UI and backend development, and FPGA hardware engineering to execute trading scenarios within nanoseconds.

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case studies

Our team assisted a company with the delivery of new functionality for their online platform. Leveraging our experience in FinTech software development services, we overhauled the trading solution and implemented the features to improve the system’s efficiency for investors and traders.

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case studies

Velvetech supported a business funding company by implementing a customized Contact Center Product Suite. This digital solution facilitated the company’s services, enabling the team to work in a consolidated manner and increasing sales process efficiency.

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case studies

Velvetech helped a FinTech company streamline its financial services by implementing and integrating new CRM software with other business systems. As a result, the Client improved customer interactions and enhanced transparency of business processes.

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REGULATORY COMPLIANCE

Key FinTech Regulations and Standards

  • AML/KYC
  • OFAC
  • SOX
  • DFA
  • PCI DSS
  • SEC
  • GDPR
  • NYDFS
  • FINRA
  • GLBA
  • IFRS
  • CFPB
  • FDIC
  • OCC
  • FTC
  • CFTC
  • FinCEN
  • OWASP
20+ YEARS OF EXPERTISE

With a long history of software development for finance and banking before starting Velvetech company, its founders gained extensive experience delivering solutions for this industry. Knowledge of the FinTech sector nuances and technology expertise allowed them to successfully implement projects for many clients and establish long-term partnerships with them.

Our developers continue to build custom banking and financial applications that help organizations streamline operations and facilitate services. While outsourcing the development of their financial software, our clients — from trading and investment management companies to banks, credit unions, and other firms — acquire new tools to address their needs.

Ready to Take the First Step? Let’s Discuss!

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OUR PROFICIENCY

Finance Software for Trailblazers

Blockchain & Cryptocurrency

Cryptocurrency exchanges, blockchain infrastructures and apps, digital wallets, and more — distributed ledger technology and smart contracts come to the rescue.

FPGA-Based Hardware Acceleration

With a combination of low-latency networks, high-performance computers, and FPGA hardware acceleration, you can complete trades in nanoseconds.

ML & AI-Based Fintech Software

We help financial firms use predictive analytics software and data science to manage market data flow, validate the accuracy of high-frequency trades, automate KYC procedures, etc.

Internet of Things

Empowered by IoT technology, smart sensors, generating and exchanging data bits within big data platforms, allow us to develop better risk management and trading solutions.

Mobile Financial Apps

Our mobile experience encompasses a wide range of mobile solutions for fintech: from mobile banking to investment advising apps with a social networking component.

Intelligent CRM Systems

Our financial software developers are ready to apply speech recognition, AI-powered communications, and other smart technologies and integrations to customize your CRM.

GenAI and RPA Tools

We harness GenAI solutions and leverage RPA to automate repetitive tasks and complex decision-making processes for our fintech clients who want to reduce manual effort.

Cloud Technology

Innovate rapidly and achieve maximum flexibility with cloud services and tools that offer scalable resources, enhanced security, and improved accessibility to your assets.

Financial Data & Analytics

We incorporate quantitative analysis, BI tools, and predictive analytics to build effective data models and boost your capability to manage data-driven processes.

WHAT REALLY MATTERS IN FINTECH

Cybersecurity & RegTech

Fraud Detection and Prevention
Data Encryption and Protection
Identity and Access Management
Compliance Management
Risk Management
Audit and Reporting

Fraud Detection and Prevention

By implementing advanced algorithms and real-time monitoring, we’ll help you identify and mitigate fraudulent activities, which is a safeguard for your financial assets and transactions.

Data Encryption and Protection

It’s impossible to do without data protection today, which secures sensitive information during both storage and transmission — we know how to ensure data confidentiality and integrity.

Identity and Access Management

Make sure only authorized individuals have the appropriate permissions by controlling and monitoring user access and adopting effective authentication mechanisms.

Compliance Management

Modern RegTech solutions help improve adherence to regulatory requirements and industry standards by automating compliance processes, tracking obligations, and ensuring accurate reporting.

Risk Management

With so many threats against which you need to be resilient to support fintech operations, the right software gives you a leg up in identifying, assessing, and mitigating risks.

Audit and Reporting

If you lack transparency and accountability, there are comprehensive audit and reporting tools that will help you track, document, and analyze financial and operational activities.

Need a Consultation? We Can Help

Let’s Talk

Our Clients are the Finalists of Benzinga Global Fintech Awards

CEO Credits His Success to Tech Innovation

Watch as CEO Ted Devine of Insureon, named Inc. 500’s #1 fastest growing insurance company, details how a trusted tech partner and a solid strategy shot his business past the competition.

CHALLENGES TO ADDRESS

The Powers of FinTech Solutions

With the development of financial software, fintech businesses gain a number of benefits that help drive the industry forward. Depending on the goals and the technology leveraged, companies improve customer experience, mitigate cybersecurity risks, win the competition, and more.

  • Regulatory Compliance
  • Cybersecurity Threats
  • Technology Integration
  • Data Management and Privacy
  • Scalability
  • Customer Trust and Retention
  • Financial Inclusion
  • Operational Efficiency
  • Innovation and Competition
  • Market Volatility
WHY CLIENTS CHOOSE US

Value-Driven Financial Software Development Company

Over 20 years, we’ve honed our skills in custom financial software development. Our mission? To fuel business growth, draw in customers, and take the lead in banking software. We stand at the forefront, delving into enterprise systems, IoT products, FPGA technologies, and advanced data analytics techniques.

Velvetech will support you with the right solution compliant with key financial regulations like Dodd-Frank or Sarbanes-Oxley to ensure maximum security. If you’re looking for a reliable partner to provide you with financial software development services, our team is ready to accelerate your project delivery.

Tradespoon
Insureon
SuperVest
Yellow Tunnel
Twinfold Capital
CAASA

Need a Tech Partner to Drive Your Business Growth?

Talk to Us
PROJECT COST

Financial Software Development Cost

$30K—$100K
$30K—$100K

A straightforward financial application, like a personal budgeting app, with core features such as transaction tracking, basic integrations and reporting, and essential user interfaces.

$100K—$250K
$100K—$250K

A more complex financial system, for example, mid-sized business accounting software, that includes detailed analytics, multi-user support, custom integrations, and enhanced security.

$250K—$500K+
$250K—$500K+

An advanced platform, such as an enterprise financial management system, that can feature AI-driven analytics, automated compliance, and advanced integration with third-party services and solutions.

Request the cost of your fintech solution

Our team will provide a detailed estimate according to your unique financial technology needs.

GET A QUOTE
LET’S TALK

Get in Touch with Us!

For FREE project consultations and estimates, simply contact us with the form below and an expert will get in touch with you as soon as possible.

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