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About ScienceSoft –
Your Financial IT Partner
With a full-scale PMO and multi-domain tech expertise, we deliver digital solutions loved by thousands of finance specialists and BFSI customers worldwide, driving project success for our clients no matter what.
ScienceSoft in Numbers
18 years in financial IT
750 IT experts
100 financial IT projects
4.8 rating on Clutch
Our Geography
Headquartered in the US and operating internationally, our team drives digital transformation for the BFSI industry globally. Wherever you are, ScienceSoft’s consultants can help you meet the region-specific regulatory requirements for financial software and IT infrastructures, such as SEC regulations for the US, GDPR for the EU, or SAMA rules for the KSA.
North America
Office locations: USA
Europe
Office locations: Finland, Latvia, Lithuania, Poland
The Gulf
Office locations: KSA, UAE
ScienceSoft's Path to Financial IT Proficiency
Project Management Practices to Lead BFSI Initiatives to Success
However complex and specific your goals are, our mission is to drive your financial IT project to fulfill them. We bring our field-tested project management practices to effectively address time and budget limitations and changing requirements.
Accurate planning
- Mapping project scope based on client requirements and sectoral compliance demands.
- Planning an optimal team composition and selecting best-fitting resources for the required roles.
- Estimating cost and time using the techniques that offer maximal accuracy at the given project stage.
- Defining potential risks, including BFSI-specific technology and legal risks, and planning pragmatic ways to tackle them.
Collaborative controls
- Setting tailored KPIs to control development progress, risks, and financial solution quality.
- Applying individually paced communication forms to promote effective interactions among team members and with our client.
- Consistently documenting project decisions and steadily sharing knowledge with customer stakeholders.
- Providing regular project reports and giving the client access to our project tracking tools for real-time progress control.
Agilely adapting to changes
- Assessing change eligibility and feasibility before implementation to prevent scope creep and ensure the intended value.
- Scaling the team to speed up development when needed.
- Monitoring contingency budget utilization and optimizing workflows to avoid risk-associated overspending.
- Proactively suggesting cost optimization opportunities throughout the project and establishing short feedback loops to quickly get client approval.
ScienceSoft's Selected BFSI Projects
We are inspired by our clients who embrace technology innovations to drive higher accessibility, convenience, and transparency of financial services. Over the years, we have partnered with banking, lending, payment, investment, insurance, and DeFi leaders worldwide, helping them implement their digital transformation initiatives.
Highlights of Our Expertise
- 18 years in financial software development.
- 20 years in cybersecurity to guarantee full protection of BFSI software.
- Hands-on experience with PCI DSS, SEC, SOX, GLBA, AML/CFT, OFAC, NYDFS, GDPR, and other sectoral standards and regulations.
- Microsoft partner since 2008 and AWS Select Tier partner since 2017.
- Quality and security management systems backed by ISO 9001 and ISO 27001.
- 62% of our revenue comes from contracts lasting for more than 2 years.
Solutions We Develop and Support
Software for financial operations
Customer-facing apps
Software for business management
Techs & Tools We Use in Financial IT Projects
Advanced Technologies Fueling Finance Innovations
The banking, financial services, and insurance sector evolves rapidly, and we are here to drive the sustainable long-term success of your digital initiatives. ScienceSoft’s consultants will gladly send a tailored pack of our process descriptions, client references, and case studies relevant to your domain, as well as provide practical advice on your particular case.