How Much Your Financial Software Project Might Cost?
We’ve built over 200 cost calculators to help you estimate project expenses. Simply type a few words into the search bar to see the most relevant calculators — or browse the categories below to find the one that fits your project.
results:
Advanced Technology and Data Analytics
Leverage data analytics and advanced tech to boost accuracy, efficiency, and security in financial operations:
Managed IT Service Cost Calculators
Our experts help financial firms ensure that their digital solutions and IT infrastructures are always up and running:
Security and Compliance Service Cost Calculators
Bringing 22 years of experience in information security, we help BFSI companies establish the robust protection and achieve regulatory compliance of their business apps:
Other Cost Calculators
Whatever specific financial IT service you seek, we've got your needs covered:
Explore Our Sample Cost Ranges
Custom financial software development costs
- $150,000–$250,000 A native mobile app (for banking, payments, insurance, etc.).
- $200,000–$400,000 A client-facing web app (e.g., e-banking, investor portal).
- $200,000–$600,000 A specialized service operations solution (e.g., loan processing, insurance underwriting) of average complexity.
- $300,000–$1,500,000 Blockchain-based BFSI software (e.g., for cross-border settlements, lending).
- $800,000–$4,000,000 A large-scale process automation system (for insurance, mortgage, etc.) powered with intelligent analytics.
BFSI data analytics service costs
- $30,000–$200,000 Developing a separate data science component (for forecasting, fraud detection, prescriptive analytics, etc.).
- $100,000–$150,000 Implementing a descriptive analytics system for a particular business area (e.g., sales, underwriting, loan servicing).
- $200,000–$400,000+ Building a business intelligence solution that calculates KPIs across multiple areas (operations, finance, etc.), integrates with 3–7 corporate and external systems, and features predictive analytics using non-neural-network ML models.
- $500,000–$1,000,000+ Creating a complex analytics system powered with big data and AI/ML.
Security and compliance costs
- $10,000 One-time penetration testing of a client-facing app like a web e-banking portal.
- $8,000–$16,000 Code review of an internal BFSI application.
- $10,000–$20,000 Compliance pre-audit (for PCI DSS, NYDFS, GDPR).
- $20,000 Network security testing for a midsized BFSI organization.
- $40,000+ A phishing campaign combined with white box financial IT infrastructure pentesting.
- $45,000 QRadar implementation and user training for a BFSI company with 1K–10K employees.
Quality assurance estimates
- $5,000 One-time performance testing for a financial mobile app.
- $24,000–$72,000+ Audit of financial software QA processes and consulting on improvements.
- $20,000/month Continuous managed testing services for a BFSI organization that has 3–5 constantly evolving apps.
Managed IT support prices
- $14–$40 per ticket L1–L2 IT support.
- $3,000–$16,000+/month Financial software maintenance and L3 support.
Why BFSI Companies Choose ScienceSoft
- Since 1989 in IT services and software development.
- An inspired, high-performing team of 750+ IT experts.
- 4,200+ success stories.
- More than 1,400 satisfied clients.
- Practical knowledge of 30+ industries, including BFSI, healthcare, retail, and manufacturing.
- Quality-first approach based on a mature ISO 9001-certified quality management system.
- Robust security management supported by an ISO 27001 certification.
- Partnerships with Microsoft, AWS, Oracle, and other technology leaders.