Online Banking Platform Development for Financial Services Company
Services Covered:

Industry
Financial Services
Duration
26 months
Budget
1M - 10M
Start Date
1 July 2017
Team Size
21-25
Engagement Model
Nearshore
Project Capability Score (PCS)
73/100
Good
Project Capability Score (PCS) estimates how capable Bluesoft is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS
Client
Nest Bank
Project Summary
BlueSoft developed and delivered multiple modules and functionalities for a financial services company's online banking (web and mobile). The engagement included design and implementation of B2C and business-customer features, PSD2-related changes, and Individual Tax Accounts, delivered under a fixed-price model with 24/7 managed services. The vendor collaborated to stabilize production; the client noted reliable, flexible support though initial delivery underestimated workload.
Key Challenges
- Implement new modules "My Family" and "Piggy Bank" for Internet and Mobile Banking
- Deliver new business-customer functionalities (acceptance schemas)
- Implement PSD2-related changes including Sandbox, API, API Gateway and SCA
- Implement Split Payment legal changes
- Implement Individual Tax Accounts functionality across platforms
Project Deliverables
- My Family module for Internet and Mobile Banking
- Piggy Bank functionality for Internet and Mobile Banking
- Business-customer functionality (acceptance schemas)
- PSD2-related changes (Sandbox, API, API Gateway, SCA)
- Split Payment legal changes
- Individual Tax Accounts functionality
- Web, iOS and Android online banking platform and backend layers
Project Solution
BlueSoft executed a fixed-price engagement and provided 24/7/365 managed services. The vendor delivered end-to-end online banking work for the B2C sector across WWW, mobile (iOS, Android) and backend layers, implementing new modules and functionalities and making PSD2- and legal-compliance changes. The delivery team (20–30 members) included an architect, designers, senior and regular Java developers, testers and project management, and BlueSoft deployed the provided solutions to production.
Project Outcome
- Completed the project within the agreed price
- Stabilized the production environment; the bank assumed development and maintenance responsibility since Aug. 2020
- Provided 24/7 managed services and responsive, flexible support
Platforms
Web
Mobile
Tech Stack
Java
iOS
Android
Client Endorsement
Overall Review Rating
4
4 out of 5 stars
Timeliness
Cost Rating
Willing to Refer
Quality of Deliverables
BlueSoft finished a complex project within the price we agreed on. They worked perfectly with us to stabilize the solution during development and were available 24/7. Above all, they were excellent, reliable, flexible partners who put all our needs and requests first.
Note: This endorsement is based on publicly available client feedback from external review sources.
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