Transformative Software Development Solutions For The Financial Services Industry!
Understanding the Financial Services industry is one thing. Understanding the technology you use to run your business is another.
Our experienced agile development teams will introduce automated efficiencies through independent or co-development, clarify accessibility options, update security, and deliver a scalable solution that fits your industry’s business needs.
Intertech’s Proven Financial Services Software Development Services Focus On What Matters!
From decisions in the board room based on miles of proprietary data to complex automation that can identify hidden issues impacting your customers and employees, this is the power of custom software combined with properly formatted data. Whether modernizing or pivoting to new technology, tap this resource with Intertech.
STEP 1: Intertech’s Experienced Financial Services Software Development Team Starts With What Has Proven Successful Time And Time Again.
Our experienced development team listens to your ideas, identifies solutions that fit your IT requirements, and proposes technologies, toolsets, and libraries suited for your environment. Next, they evaluate the repetitive tasks you have identified and implement automated processes that minimize human intervention and headaches, eliminating processing errors and reducing each task’s “Estimated-Time-To-Completion (ETC).” At the same time, they consider how they can automate compliance verification with laws unique to your industry and outline ways to collect and filter your proprietary data for predictive modeling and process automation. And finally, they wrap it all up using universally accepted development best practices and documentation, so you realize an end product that does what you need and is maintainable.
NOTE: You Can Automate Just About Anything That Is Repetative In Nature.
Almost any area that is repetitive can be automated. These areas can fall under clerical tasks, customer management & service, global processing, loan approvals based on past data, and just about anything you can think of that is repetitive or based on previous industry experience. For example, consider any area within your department or across the company that is high-volume, may have to follow compliance laws, is time-sensitive, and generates recurring data that is currently in a form that is collected but not utilized. There is no other improvement you can make that impacts profit and productivity like business process automation.
Ask These Questions To Determine Where Custom Software Fits Into Your Business.
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Do you currently have a set of tasks that follow specific rules? Most repetitive tasks are based on a set of rules. These rules allow the software to take over and increase efficiency while providing consistent data to improve the process.
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Does the task have anticipated inputs and outputs? Even if the input and output have multiple options, it is still redundant. It can be designed to react specifically to each condition, eliminating time to respond and provide a seamless transition forward.
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Does the task have multiple repetitive steps? As an example, collecting and evaluating content accuracy and identifying areas for adjustment that impact the bottom line can be laborious. By automating steps to react to specific responses, the data can be collected, evaluated, and calculated in a split second while instantaneously being added to your proprietary data center, to be used for analysis and machine learning later. There is no limit to what process automation can do for you.
STEP 2: Ask Yourself If The Benefits Are Worth The Investment Before Proceeding.
When it comes time to invest in a new application, the software feasibility study is crucial in understanding what you need. Before making a decision, it is essential to understand the current situation, pinpoint the pain points, and work with an experienced technical team to determine the various technologies that are available and should be considered. Rule #1: If a prepackaged solution (SaaS) does what you need, it should be considered. However, any Software-as-a-Service will begin to dictate the decisions you make when implementing other software systems, hamstringing you to options that may not be the best solution. And in the end, software that appeared cost-effective will require time-consuming process changes and additional services to do what you require.
Business Process Automation (BPA) Is The Secret To Longevity In The Financial Industry.
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The most significant benefit of BPA is the increase in productivity. Correctly implemented custom software does exactly what you need it to do, does not require breaks, does not make mistakes, hits your deadlines, and impacts your bottom line with an ROI that is worth celebrating 24-hours a day.
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Cost reduction is an essential benefit of BPA. Time-related to tasks is reduced. Moreover, personal expenses related to repetitive work are eliminated, allowing for more satisfying work done by the existing workforce.
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As business changes, the software adjusts. This elasticity does not fight change. Well developed software provides output immediately and links your entire company together so the benefits discovered by one department can be realized by another.
RESULT: Enhanced Employee Job Satisfaction.
The enhancements that software specific to an industry introduce have proven to impact retention, workplace happiness, and in the end, customer satisfaction. Automated business processes result in more accurate data and become the backbone of longevity in any industry, but when introduced into the Financial Services industry, the effects are far-reaching, impacting the bottom line of all involved through cost-cutting and unexpected efficiencies that result in better customer care, higher customer satisfaction, and greater employee productivity.
Determine Your Companies Appetite For Automated Improvements
Identify Processes That May Lend Themselves To Automation
Identify Specific Steps Within Each Targeted Process For Automation
CASE STUDY
Integrated Loan Ordering and Financial Risk Measurement Application
More Case Studies
CASE STUDY
Automated Probate Processing and Locator Application
CASE STUDY
Tax Return & Loan Processing Application Modernization
CASE STUDY
Mortgage Services Application Migration From Third-Party (SaaS) To Proprietary Software
THINKING AHEAD
Ignoring ADA Compliance Can Be Expensive: What You Need To Know!
With the realization that accessibility compliance is a great advantage for your company and customers, and with the increase in ADA activist lawsuits across the country, it is vital to have a clear understanding of why web tools and applications should be compatible with assistive technologies.
ADA Compliance Lawsuits On The Rise Across The Country
In Tampa, Florida (not California where new laws are taking effect) disabled plaintiffs calling themselves activists working to improve society for the disabled are working their way around the state, one lawsuit at a time.
(Full Story)
According to the article, in 2018 alone, there were 2,285 ADA website lawsuits filed in federal courts across the nation, an increase of 181% from 2017.
You may not feel it is worth the extra time to make your software and website meet compliance. That is a valid consideration, but if you are considering building these features into your project, Intertech can provide you an overview of services so you can review the options and make an informed decision.
Understanding ADA, WCAG, & Section 508 Compliance
Information Below references ADA & Section 508 Government Documents
What is ADA Compliance?
The ADA differs from Section 508 regulations, which are an amendment to the Rehabilitation Act of 1973 and apply to all information technology, including computer hardware, software, and documentation.
Who Is Required To Follow The ADA?
“The Department is currently developing regulations specifically addressing the accessibility of goods and services offered via the web by entities covered by the ADA. The fact that the regulatory process is not yet complete in no way indicates that web services are not already covered by title III.”
— Statement of Interest of the United States Department of Justice in NAD v. Netflix (page 10)
Who Does The ADA Law Affect?
- Americans with disabilities and their friends, families, and caregivers
- Private employers with 15 or more employees
- Businesses operating for the benefit of the public
- All state and local government agencies
How Does A Company Comply With The ADA?
The ADA encourages self-regulation of accessibility standards and the Department of Justice is currently developing regulations to provide specific guidance to the entities covered by the ADA. Organizations are encouraged to use the WCAG 2.0 level AA guidelines as a guide on how to become accessible until the DOJ defines the regulations.
Who Web Content Accessibility Guidelines (WCAG) Is For
WCAG is primarily intended for:
- Web content developers (page authors, site designers, etc.)
- Web authoring tool developers
- Web accessibility evaluation tool developers
- Others who want or need a standard for web accessibility, including for mobile accessibility
Related resources are intended to meet the needs of many different people, including policy makers, managers, researchers, and others.
What is Section 508?
The Board’s Section 508 Standards apply to electronic and information technology procured by the federal government, including computer hardware and software, websites, phone systems, and copiers. They were issued under section 508 of the Rehabilitation Act which requires access for both members of the public and federal employees to such technologies when developed, procured, maintained, or used by federal agencies.
The Section 508 Standards are part of the Federal Acquisition Regulation (FAR) and address access for people with physical, sensory, or cognitive disabilities. They contain technical criteria specific to various types of technologies and performance-based requirements that focus on functional capabilities of covered products. Specific criteria cover software applications and operating systems, web-based information and applications, computers, telecommunications products, video and multi-media, and self-contained closed products.
Find out more: Section 508
The sources for above information can be found at: EPA, GSA, Interactive Accessibility, & ADA.gov
The Fastest Way To Build Software Is “Right” The First Time!
Understanding your industry is one thing. Understanding the technology you are using is another. When you read studies that tell you that 75% of projects are doomed from the beginning, it has to make you pause before signing your name to the outcome.
Consider letting our proven professionals take a look at your project. They’ve seen what can go wrong and know how to avoid costly errors.
We build custom software from start to finish. We plug into your environment with the proven expertise you need for us to work independently or in co-development. And, we bring the soft-skills that make the task enjoyable, and the experience to leave your team stronger and ready to take over.
We Bring You…
Team-Complete™ Development
Soft-Skills For A Winning Experience
Sometimes the most critical person in the room is the one with a calm voice and the knowledge to select the right words. Bringing a development team together or presenting a clear concept for stakeholders can make all the difference between success or failure. Intertech consultants are at the top of their field. They navigate challenging decisions, guide with a confident voice, and know when to get out of the way.
Intertech takes the worry out of custom software development.
Three Great Reasons To Let Intertech Build Your Software Independently Or In Co-Development With Your Team!
To understand why so many companies rely on Intertech for their software consulting and software education needs, you must understand the importance we place on staying up-to-date with the most current technologies and methodologies.
“When an outside firm asked over 4000 of our customers these questions, we immediately understood why they trusted Intertech!”
Say “Yes” To Intertech!
- Would you use Intertech again? 99.55%
99.55% of customers answered YES!
- Are you happy with Intertech? 99.55%
99.55% of customers answered YES!
- Would you refer Intertech to others? 99.70%
99.70% of customers answered YES!
GET TO KNOW US
Partner & Client Relationship Manager
Dan McCabe
A partner at Intertech since 2016, Dan McCabe is a business leader and client relationship manager specializing in the growth, development, and management of Information Technology organizations. Dan also has served as director of training sales and, previously, training sales account executive.
“With over 20 years of experience, I try to take a refreshing, direct, and honest approach to consulting,” says Dan. “I’m always working to find the right solution, even if I need to refer a client elsewhere. I am a people-first, experience-driven professional with the goal of leaving clients better than when we started.”
Why Did You Choose Technology Sales?
“Whether a client’s plans are written out to exact specifications or just scribbled on the back of a napkin, I’m devoted to helping bring them to life, and our fantastic team at Intertech always does that and more.”
Sideline
Outside of work, Dan enjoys coaching youth baseball, softball, football, and basketball. With what little time he has left, he competes at rodeos across the country. Participating as a team roper is in keeping with Dan’s roots growing up on a family farm/ranch. He also enjoys snowboarding and snowmobiling in the winters here in Minnesota.
Let’s Build Something Great!
Tell us what you need and we’ll get back with you ASAP!
Tell us about your project and we’ll gather the right people, discuss your request, clarify any questions, and provide a price estimate that you can use to decide if Intertech is a good fit for you!
“We Take The Worry Out Of Custom Software Development!”
Turn-Key Custom Application Development Solutions Since 1991
Independent & Co-Development
Tom Salonek Founder & CEO