BFSI Software Solutions

Get top banking and financial software development services from OpenXcell to build, innovate and optimize BFSI sector 100% Confidential and Secure

Cutting Edge BFSI solutions by Top BFSI Software Development Company

We build transformative BFSI software solutions to meet the customer requirements and leverage next gen technologies.

Mobile banking apps

Create android & iOS mobile apps with simple navigation, easy responsiveness and cross-platform development tools. Our banking software experts implement security related features and multiple factor authentication to comply strictly to the security policies and deliver impressive user experience.

Lending software

Build end-to-end loan management software for all types of loans and create a system that improves quality, turn around time and best services for customers. Loan management system developed by OpenXcell helps in improving competency as well as efficiency.

Neo Banking

Develop an online banking portal that offers financial solutions for money transfers, withdrawals, payments, lending, etc. The Neo banking software developed by us provides credit and lending services, smooth UI and extremely user friendly banking experience.

eWallet

Leverage mobile payment system created by our software developers for extending financial services. It gives users the ability to make digital payments for services or goods that they purchase.

Claim processing software

Build claim processing software to manage insurance claims with automated workflows and allow centralized storage of the details. You can easily take decisions and actions regarding payments and evaluate the circumstances of the claim.

Trading platform

Create trading platforms that are reliable and fast executing. These platforms help traders as well as investors to trade and analyze their accounts, offer interactive charts, real-time trade quotes, details of specific currencies/stocks.

Hire Expert BFSI Software Developers!

OUR WORK

Top Software Solutions for BFSI Industry

LENDING SOFTWARE

African App for Microfinance Institution

A non banking microfinance institution that facilitates credit for those in the low income bracket to enrich their quality of life. They are the pioneers in providing credit to this sector in Tanzania through easy access to credit.

eWALLET

Egypt’s Youth Financial Platform

An eWallet that provides easy money solution and enables users to transfer money from one wallet to another. They can keep track of their kid's spending by setting a limit on it. App includes lots of features and all payments go through the National Bank of Egypt.

TRADING PLATFORM

World’s Leading Crypto Trading Platform

It is the first crypto trading platform that serves as a complete alternative to banks. From advanced analysis tools to high security and reliability, this platform helps you trade cryptocurrencies with minimal risk for maximum rewards.

TECH STACK

Technologies used for BFSI Software Development

  • Java
  • Python
  • C++
  • ReactJs
  • SQL

DEVELOPMENT PROCESS

BFSI Software Development Process

01
Fund Mobilization
Fund Mobilization
02
Planning
Planning
03
Operations
Operations
04
Compliance Risk Management
Compliance Risk Management
05
Product/ Service Delivery
Product/ Service Delivery
06
Performance Monitoring
Performance Monitoring

Fund Mobilization

01

Planning

02

Operations

03

Compliance Risk Management

04

Product/ Service Delivery

05

Performance Monitoring

06

WHY CHOOSE US?

Leverage the digital expertise of BFSI Developers

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14+

years of development
experience

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25000

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500+

software engineers &
technical staff

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1500+

software designed,
developed & deployed

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24/7

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3

State of art
development facilities

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1000+

Happy
customers

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4

Testimonials

OpenXcell helped me in putting my ideas into a great design.

Lisa Bailey, Founder, DockHere

VIEW ALL TESTIMONIALS more testimonial

case studies

Dedicated teams for all types of products, big or small

FAQS

Frequently Asked Questions on BFSI Solutions

All industries are undergoing huge digital transformation with the help of the latest technologies of AI, ML, Predictive Analysis, and much more. Each industry is learning to make the best of such technologies and BFSI is no exception. BFSI stands for Banking, financial services, and insurance. The entire sector can benefit greatly from this digital transformation by

  • Automating tedious paperwork
  • Enhancing operational efficiency
  • Redesigning customer experience and interactions
  • Reduced costs
  • Streamlined workflows

Custom BFSI software solutions are beneficial for enterprises as they are crafted particularly for one business and its needs. Unlike off-the-shelf software, these solutions are not loaded with extra features which they might not even require. The software can be customized to deliver the following attributes:

  • Scalability and Maintenance
  • Hyper Personalisation for customers
  • Increased Security and compliance

Any business can hire developers or development companies to customize BFSI software solutions according to their needs.

There are many security risks involved in digital Banking and Finance Banking. The most prominent ones are:

  • Malware Integration
  • Third-party services
  • Spoofing
  • Phishing

However big, these threats can be taken care of by customized BFSI software solutions. BFSI Software solutions protect customer data from these challenges in the following ways:

  • Early Risk Recognition
  • Enhanced Privacy Protection
  • Managing and identifying Security breaches early on
  • Secure Information Sharing
  • Mitigate Identity Theft and Fraud

OpenXcell provides end-to-end development and maintenance services. It has a rich portfolio of developing custom BFSI software solutions that are best suited for clients’ needs. Its support services include:

  • Ongoing app enhancement
  • Backup & recovery
  • Performance monitoring
  • Security & compliance review
  • Technical support
  • SLA-driven support

Developing BFSI software solutions can cost anywhere from $20000 to $55000 for a small and medium-sized enterprise. The costs can add up for bigger companies with a bigger project scope.