We at Cinovo believe in the change of the financial industry - towards an economic, agile, transparent, valued service which will be completely client driven. The usage of new technology to develop financial services will enable the future of the financial industry.
New social network and big data IT technology is on the verge of breaking into the banking industry with revolutionary and disruptive power. But honestly, is it really? If you take a look at all components important for banking today, we can observe that especially very fundamental and traditional banking processes like accounts, payments and credit administration remain on the level of the 70s/80s. FinTech startups pick cherries from the banking business model, but rely in crucial processes on this old banking infrastructure.
To make this revolution a real one for banking, we need to change banking core systems and processes at first! Banks need a new solution, which integrates all front and back office, accounting and regulatory activities within the core system - frictionless.
Only banks which are fully integrated and automated front-to-end available 24h real time for all clients equally will actively participate in this revolution.
We envision that the introduction of a new front-to-end core system will result in a wave of new products for using both mobile technologies and social network/big data context. Banking products and services will be much more economic and transparent, new business models will emerge on this basis and the system as a whole will be stabilised.
Our team consists out of a perfect fit of the following knowledge elements working together in a close and agile cooperation:
IT: Experienced IT experts with focus on designing and building mobile and online fintech solutions on the most important technological platforms, modern database technology for finance and client data management, cloud management solutions, big data analysis
Product design:Fintech design experts, design of mobile and online channel solutions, deep financial market knowledge in trading, retail and commercial banking
Process: Our team offers unique and deep knowledge in front to end process design - one of our USP’s
Management: Project management from strategic setup and design of new fintech solutions, requirements management, conception with all business units to ruthless planning and monitoring of implementation projects