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About ScienceSoft –

Your Financial IT Partner

With a full-scale PMO and multi-domain tech expertise, we deliver digital solutions loved by thousands of finance specialists and BFSI customers worldwide, driving project success for our clients no matter what.

ScienceSoft in Numbers

19 years in financial IT

750 IT experts

100 financial IT projects

4.8 rating on Clutch

19 years in financial IT

We have seen the technology landscape change time and again over the three decades of ScienceSoft’s operation. We have learned to be flexible and to expand our expertise to meet the demands of tomorrow.

ScienceSoft’s highlights

Over 750 IT experts

With a fully stacked team of IT professionals, from software architects and developers to project managers and regulatory consultants, we are equipped to deliver end-to-end financial IT initiatives of any complexity. Over 50% of our talents are senior-level experts.

Our experts

Over 100 financial IT projects

We know the hidden risks of IT outsourcing and successfully manage large-scale IT projects remotely. ScienceSoft collaborates with clients worldwide, from the United States to the Gulf Cooperation Council, Europe, and Australia.

Our project portfolio

4.8 rating on Clutch

Our clients praise our proactivity, deep sectoral knowledge, attention to detail, and mature collaborative approach. See it for yourself!

Check reviews

Our Geography

Headquartered in the US and operating internationally, our team drives digital transformation for businesses globally. We ensure on-site presence to deliver services to our major target markets in:

North America

Office locations: USA

Number of clients: ~510

Europe and the UK

Office locations: Finland, Latvia, Lithuania, Poland

Number of clients: ~360

The Gulf

Office locations: KSA, UAE

Number of clients: ~50

ScienceSoft's Path to Financial IT Proficiency

ScienceSoft begins as an AI product company, laying the foundation for the use of advanced technologies such as machine learning in future financial IT projects.

ScienceSoft transforms into a full-service IT provider. The company starts providing comprehensive software consulting, development, and support services.

ScienceSoft launches its finance direction and starts developing specialized applications for BFSI companies and financial service customers.

ScienceSoft designs and implements a quality management system. Later, its efficiency is backed by an ISO 9001 certification, solidifying our position as a reliable technology partner.

ScienceSoft obtains ISO 27001 certification, which proves the efficiency of our security management approach in financial IT projects.

Based on the careful studies of financial institutions’ security challenges, ScienceSoft developed proprietary QLEAN for IBM QRadar SIEM and joined IBM Security App Exchange community. The solution helps our BFSI clients combat 40+ fraud patterns.

International Association of Outsourcing Professionals (IAOP) included ScienceSoft in their Global Outsourcing 100 list.

The Financial Times named ScienceSoft USA Corporation among Americas’ Fastest Growing Companies 2022.

ScienceSoft was featured in the list of Top Software Development Companies in the USA in 2022 by Techreviewer.

ScienceSoft secured its presence in the 2023 Global Outsourcing 100 by IAOP for the second consecutive year.

For the second straight year, ScienceSoft USA Corporation was listed among The Americas’ Fastest-Growing Companies by the Financial Times.

ScienceSoft is included in the reputable Inc. 5000 2023 list of the Fastest-Growing Private Companies in America. ScienceSoft demonstrated 224% three-year revenue growth.

ScienceSoft USA Corporation is a 3-year champion in the list of 500 fastest-growing companies in the Americas compiled by the Financial Times and Statista.

For the third year in a row, ScienceSoft secures its presence in the Global Outsourcing 100, the list of the most trusted outsourcing service providers carefully assessed and selected by IAOP.

In 2024, Aciety once again featured ScienceSoft on the list of Top 10% European Software Development Companies.

ScienceSoft received the 2024 Banking Tech Award from FinTech Futures as the Best Banking Tech Solution Provider in Web and Mobile Banking Software Development.

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Let's build the future together

What Our Clients Say

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Kapital Bank,

the largest financial institution in Azerbaijan

Star

Since the start of our cooperation in 2016, ScienceSoft has been a reliable tech partner in our mobile banking development projects.

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Brush Claims,

an insurtech claims solution firm

Star

Brush Claims engaged ScienceSoft to develop a new claim software product. The value we derived from partnering with ScienceSoft is definitely worth the investment.

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Cashew Technology Software L.L.C.,

a UAE-based BNPL startup

Star

We aimed to enhance our web platform and create a mobile app to facilitate POS financing. We highly recommend ScienceSoft as a trustworthy partner for web and mobile development.

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BPC Banking Technologies,

a fintech company delivering digital banking, payment, and ecommerce software products

Star

They are true engineers who think long-term and propose strategic decisions instead of micro-fixes, and, what is equally important, they carry them out as planned.

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ONE Technologies ,

a software development company focused on financial IT

Star

ONE Technologies engaged ScienceSoft to develop a suite of business process management apps for a banking client. What always set ScienceSoft apart is their resistance to mediocre results and their proactive advice on meaningful improvements.

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Frost Insurances Ltd,

a leading insurance broker and insurance underwriting company

Star

Partnering with ScienceSoft for our software maintenance and evolution initiative has been an excellent experience. Over the past 18 months, their team has transformed our underwriting platform into a well-oiled machine.

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Delap LLP,

a financial services firm

Star

ScienceSoft has proven to be an exceptional partner for white-label help desk services.

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Unibank,

a private bank

Star

ScienceSoft delivered highly secure mobile banking apps for iOS and Android.

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Abdullah Al Othaim Investment Co.,

a real estate investment company

Star

We’d like to thank ScienceSoft’s SharePoint team for their work. We like the portal’s look and feel and functionality.

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Squirrel,

a mortgage broker with 15+ years in business

Star

We approached ScienceSoft to build us a powerful Microsoft-based Human Resources Information System and Intranet. […] They took this project to heights I never expected it to reach.

Project Management Practices to Lead BFSI Initiatives to Success

However complex and specific your goals are, our mission is to drive your financial IT project to fulfill them. We bring our field-tested project management practices to effectively address time and budget limitations and changing requirements.

Accurate planning

  • Mapping project scope based on client requirements and sectoral compliance demands.
  • Planning an optimal team composition and selecting best-fitting resources for the required roles.
  • Estimating cost and time using the techniques that offer maximal accuracy at the given project stage.
  • Defining potential risks, including BFSI-specific technology and legal risks, and planning pragmatic ways to tackle them.

Collaborative controls

  • Setting tailored KPIs to control development progress, risks, and financial solution quality.
  • Applying individually paced communication forms to promote effective interactions among team members and with our client.
  • Consistently documenting project decisions and steadily sharing knowledge with client stakeholders.
  • Providing regular project reports and giving the client access to our project tracking tools for real-time progress control.

Agilely adapting to changes

  • Assessing change eligibility and feasibility before implementation to prevent scope creep and ensure the intended value.
  • Scaling the team to speed up development when needed.
  • Monitoring contingency budget utilization and optimizing workflows to avoid risk-associated overspending.
  • Proactively suggesting cost optimization opportunities throughout the project and establishing short feedback loops to quickly get client approval.

ScienceSoft's Selected BFSI Projects

We are inspired by our clients who embrace technology innovations to drive higher accessibility, convenience, and transparency of financial services. Over the years, we have partnered with banking, lending, payment, investment, insurance, and DeFi leaders worldwide, helping them implement their digital transformation initiatives.

Highlights of Our Expertise

  • 19 years in financial software development.
  • 21 years in cybersecurity to guarantee full protection of BFSI software.
  • Hands-on experience with PCI DSS, SEC, SOX, GLBA, AML/CFT, OFAC, NYDFS, GDPR, and other sectoral standards and regulations.
  • Microsoft partner since 2008 and AWS Select Tier partner since 2017.
  • Quality and security management systems backed by ISO 9001 and ISO 27001.
  • 62% of our revenue comes from contracts lasting for more than 2 years.

Solutions We Develop and Support

Software for financial operations

Customer-facing apps

Software for business management

Techs & Tools We Use in Financial IT Projects

The banking, financial services, and insurance sector evolves rapidly, and we are here to drive the sustainable long-term success of your digital initiatives. ScienceSoft’s consultants will gladly send a tailored pack of our process descriptions, client references, and case studies relevant to your domain, as well as provide practical advice on your particular case.

Let's discuss your financial IT initiative in detail

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