preloader
Services

Innovative solutions for financial development

Digital solutions for modern finance
I am interested
Finance

Innovative solutions for financial development

Our company has developed significant competencies in the field of financial development, providing a solid foundation for delivering custom application development tailored to unique requirements, as well as for offering expert consulting in related subject areas.

Renferencies
Fintech

FINTECH development specialities

1. AI, LLM:

  • AI-based Stock Price Trend Analysis
  • Knowledge Integration, Regulatory Data Reporting with LLM

2. BI Agent - flexible, iterative reporting solutions

3. Customer communication & electronic document management

4. Cloud-based on-premise Data Warehousing, Big Data development

5. Centralized notification management

  • Notification Rule Management

  • Message Delivery Requirements: Managing requirements for message delivery, receiving and processing data

  • Notification Generation and Delivery: Automated notifications via email, SMS, or push notifications

  • Reporting

Productizing own developments

IBB - InfoBank & InfoBroker:

  • A specialized, innovative service currently being launched, offering:

    • Activation of a Value-Based Information Trading Market: Modeled after commodity exchanges.

    • Flexible Information Management Solution: Customizable information handling.

    • Internal Information Pricing Mechanism: Based on supply and demand.

    • Auction Management: Enhancing flexibility in trading.

    • Internal Settlement Mechanism: Built on a virtual currency (IBBT – IBB token).

  • Potential as a Beyond Banking Service:

    • If the IBB-based supplementary banking service’s internal settlement system is integrated with bank account management, it offers unique opportunities for acquiring new clients.

    • Joint operation with InnovITech enables new revenue streams from transaction and usage fees.

  • When is cooperation relevant: When seeking special supplementary services to expand the client base or to extend banking/financial activities in unique ways.

ML-based automation of regulatory data reporting:

  • Automated Regulatory Data Service: Significantly reduces the need for manual data analysis.

  • Understanding Data Requests: Interprets regulatory data needs and collects required data from source databases.

  • When is cooperation relevant: When the cost of ad-hoc regulatory data reporting is significant and you are looking for optimization.

Competency-based references and use cases

AI-based stock price trend analysis and forecasting

  • Expertise: Our team has led projects in AI-based foreign currency exchange rate analysis.
  • When is cooperation relevant: When stock price trend information provides significant added value for high-risk portfolio management.

Centralized notification management solutions:

  • High-Volume Notification Handling: Managing notifications between business banking systems and MS/notification, mail gateways.

  • Notification Rules and Message Requirements: Comprehensive management of rules and delivery requirements.

  • Automated Notification Generation: Email, SMS, and push notifications as initiated by source systems.

  • When is cooperation relevant: When there are efficiency, overload, or flexibility issues with notification management.

Participation in R&D projects

  • Strong Innovation and Research Background: Effective partner for developing innovative solutions.

  • Collaboration with Universities: Partnerships with several Hungarian and Central European universities for innovation project preparation and execution.

  • Experience in Research Funding: Extensive experience in creating research funding applications and consortia.

  • When is cooperation relevant: When banks or their subsidiaries plan innovative developments requiring research backgrounds not typically provided by general IT solution providers.

Project or T&M based cooperation

InnovITech enables broad technological cooperation, including:

  • Specialized Technology Capabilities: Machine Learning, Big Data, BI, cloud-based DWH solutions.

  • Project implementation and system analyst methodologies:

    • Using agile, iterative project methodologies
    • Use case-based system analysis: Forms the foundation of project organization.
    • Implementation:

      • Source Code Quality Assurance: Code reviews and analysis tools (Sonar – complexity, cohesion, coupling; JavaFitter – decision structure analysis).

      • CI/CD Processes: Automated code analysis, test automation, version control, and deployment.

    • Quality assurance:

      • Testing Strategy: Comprehensive test plans, including test case modeling and automation (frontend, backend, load testing).

      • Test Documentation: Complete change and version testing using both manual and automated tools.