Delivering high-quality software is no easy task in today’s fintech environment, as financial services companies face heightened regulatory and data security requirements along with increased risk of attacks and growing customer expectations. Add to the woes, today’s software development processes are heavily reliant on humans, who often tend to unintentionally make errors, which impact the quality of the software. What fintech organisations need at present is a standard, automated process that canimprove the entire finance operations and provide a frictionless customer experience.
This is precisely where Syberry marks its presence by taking the path less travelled and dealing with consequences before they occur.
Syberry is dedicated to developing customised and secure software from the ground up for its fintech clients to help them streamline business processes and functions, achieve a heightened level of data security and enhance customer experience. “From database management to mobile applications, our team of software engineers create specifically designed software solutions that span every aspect of the financial services business,” remarks Timour Procopovich, executive vice president at Syberry. Along with the fintech industry, the company also caters for various other industries including healthcare, entertainment, telecom and the energy sector.
Being a relatively small organisation compared to the top market players, Syberry mainly invests in equipping its wealth of technical and business expertise and improving the quality of their internal system. With this investment, Syberry is cultivating an endearing culture within its company that helps them hire and train right software developers with certain skill sets who are dedicated and willing to serve clients.
Behind the success of Syberry’s offerings are project managers who drive the change, offer advice and encourage team members to work towards one goal—customer satisfaction. Syberry’s subject matter experts invest a great amount of time to analyse the customer’s IT environment, understand their pain points and objectives and subsequently craft dynamic, innovative ERP applications that are scalable and sustainable. The company has created an internal ERP platform to automate and assure the quality of each business process execution, down to individual process steps. This is similar to how Amazon Fulfilment centres work, where all operations are assigned to robots and IT systems.
To elaborate on the effectiveness of Syberry’s software development services, Timour Procopovich cites a scenario where one of their clients leveraged machine learning to process financial bills and generate meaningful data from them. However, as the client had a nationwide presence in the US and received bills from across the country in different formats, they had to employ hundreds of people to analyse those bills and pay them salaries, which was costly. The client then approached Syberry to assist them with the billing process. Syberry addressed this intricacy by creating an algorithm that automatically collected the data and recognised the financial information of those bills. The algorithm also saved the extracted information in a pool of data and presented it to the end customers in a standard and readable format. “With our solution, the customer gained enhanced visibility that helped them to track their expenses, analyse them and limit the expenditure effectively,” says Timour.
Syberry looks forward to forging a dynamic growth with high return partnership and deeper emphasis on their consulting services. Along the path of geographical expansion, Syberry envisions extending its footprint in the European Union, by adding an office in the Czech Republic to the existing ones in Poland and Belarus, while strengthening its presence in the US market. “Our services are our core product, and this is what we are engineering, using our dedicated Process Engineering Group. We aim to be a CMMI Level 5 organisation further down the road in future, and focus on clear process definition across all corporate functions,” concludes Timour Procopovich.