Financial software development company
At the intersection of innovation and expertise, SumatoSoft is redefining the financial technology landscape. We provide bespoke software solutions that empower banks, fintech startups, and financial institutions to navigate the digital age with confidence.
Measurable gains from financial tech solutions:
Financial software delivers measurable results, including significant efficiency gains of 50-70% in transaction processing time, a 20-30% reduction in operational costs, and 30-50% fewer human errors in financial transactions. Enhanced data security minimizes data breaches and cyber threats while businesses notice 20-30% improvement in data processing efficiency and revenue growth of 10-15%.
Cutting-edge solutions for different financial domains
At SumatoSoft, we are dedicated to crafting a wide range of specialized software solutions that cater to various aspects of financial domains and operations.
Banking software
We develop comprehensive banking software tailored for core banking functions, online and mobile banking. Our solutions ensure seamless, secure, and efficient banking experiences for both banks and their customers.
Payment processing systems
Our payment processing systems can handle electronic transactions with ease. This includes credit/debit card processing and mobile payment solutions, providing secure and efficient transaction processing capabilities.
Financial management and accounting
We offer sophisticated solutions for financial management and accounting. Our software supports functions like accounting, budgeting, financial reporting, and audit management, helping businesses maintain accuracy and compliance.
Trading and investment platforms
We develop intuitive trading and investment platforms for stock trading, portfolio management, and financial analytics. These platforms are designed to provide real-time insights and tools for effective investment decision-making.
Risk management systems
Our risk management systems are engineered to provide comprehensive risk assessment, compliance management, and fraud detection tools. These systems help financial institutions to maintain integrity and regulatory compliance.
Insurance software
We create insurance software that streamlines policy management, underwriting, claims processing, and customer relationship management. Our solutions are designed to enhance the efficiency and effectiveness of insurance operations.
Regulatory and compliance software
We provide regulatory and compliance software solutions that help financial institutions adhere to financial regulations and standards like KYC and AML. Our software ensures that compliance is integrated seamlessly into business processes.
Tomorrow’s finance: our response to emerging trends
We closely monitor and analyze emerging trends, integrating cutting-edge technologies into our solutions, and continually developing new offerings to meet the evolving demands of the financial industry. Here is what we offer:
Blockchain technology
Blockchain is rapidly gaining prominence for its ability to provide unparalleled security and transparency in financial transactions. At SumatoSoft, we’re harnessing blockchain’s potential to revolutionize financial transactions, enhancing security, transparency, and efficiency in payments, remittances, and smart contracts.
Artificial intelligence and machine learning
AI and ML are transforming all economic sectors. We leverage AI and ML at SumatoSoft to offer personalized financial services, including advanced fraud detection, risk management, and customer service enhancements like intuitive chatbots.
Lending automation
Automation in lending is reshaping the loan industry, making processes faster and more efficient. SumatoSoft’s lending automation streamlines the entire lending process, enhancing speed, accuracy, and compliance, and is particularly relevant in the growing online lending market.
Regulatory technology
The increasing complexity of financial regulations has spurred the growth of RegTech for better compliance management. Our RegTech solutions at SumatoSoft simplify compliance, providing tools to manage regulatory complexities in a cost-effective manner.
Digital payments and mobile wallets
The global shift towards digital and mobile payment solutions is redefining how transactions are conducted. We offer advanced digital payment and mobile wallet solutions, aligning with the trend towards cashless transactions, including contactless and cryptocurrency payments.
Sustainable and socially responsible investing (SRI) platforms
There’s a growing investor interest in aligning financial goals with personal values, leading to the rise of SRI platforms. SumatoSoft creates platforms focused on sustainable, ethical, and socially responsible investing, catering to this increasing demand for impact investing.
Why SumatoSoft?
- Robust security measures
We adhere to industry-leading cybersecurity standards and hold the ISO 27001 certification. Our approach is in full compliance with financial industry regulations, including GDPR, HIPAA, and PCI DSS, ensuring that your data meets the strictest security standards.
We employ end-to-end encryption protocols to protect data in transit and at rest, and our regular security assessments and vulnerability testing guarantee continuous protection against emerging threats.
- Excellence in development
70% of our team are senior-level backend engineers who constantly boost their skills through workshops, seminars, and courses. Moreover, we put a lot of effort into establishing effective management and development processes and hold the ISO/IEC 27001 certification. We guarantee a solid commitment to deadlines, budget, and the quality of our work.
- Embracing modern technologies
At SumatoSoft, we integrate cutting-edge technologies like IoT, Big Data, AI/ML, AR/VR, and blockchain into financial software development. Our focus is on building future-proof solutions that enhance customer experiences, ensure data security, and provide real-time insights. With SumatoSoft, your financial software is powered by the latest advancements in technology, setting you on a path to success in the ever-evolving financial landscape.
Your reliable financial software development partner
After more than 12 years on the market, we have become a reliable technical partner to our Clients. They value us as a financial software development company because of our properly set and transparent processes, commitment to predictable delivery, and trustworthy and open communication.
We are evangelists of modern technologies that help companies to apply the best IT innovations to gain competitive benefits, improve their business efficiency and quality of services and products.
We at SumatoSoft develop custom financial solutions for any challenges.
Get proof of our successfully completed projects in the profile.
Why companies choose SumatoSoft for their financial projects.
Success stories of our Clients
Custom ERP system for Toyota car dealer
Graphical user interface for robot operation
Enhancing medical transportation platform that operates in 26 states of the USA
Our Rewards & Recognitions
Our Clients talk about us.
The system has produced a significant competitive advantage in the industry thanks to SumatoSoft’s well-thought opinions.
They shouldered the burden of constantly updating a project management tool with a high level of detail and were committed to producing the best possible solution.
I was impressed by SumatoSoft’s prices, especially for the project I wanted to do and in comparison to the quotes I received from a lot of other companies.
Also, their communication skills were great; it never felt like a long-distance project. It felt like SumatoSoft was working next door because their project manager was always keeping me updated. Initially.
We tried another company that one of our partners had used but they didn’t work out. I feel that SumatoSoft does a better investigation of what we’re asking for. They tell us how they plan to do a task and ask if that works for us. We chose them because their method worked with us.
The Rivalfox had the pleasure to work with SumatoSoft in building out core portions of our product, and the results really couldn’t have been better.
SumatoSoft provided us with engineering expertise, enthusiasm and great people that were focused on creating quality features quickly.
SumatoSoft is great in every regard including costs, professionalism, transparency, and willingness to guide. I think they were great advisors early on when we weren’t ready with a fully fleshed idea that could go to market.
They know the business and startup scene as well globally.
SumatoSoft is the firm to work with if you want to keep up to high standards. The professional workflows they stick to result in exceptional quality.
Important, they help you think with the business logic of your application and they don’t blindly follow what you are saying. Which is super important. Overall, great skills, good communication, and happy with the results so far.
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