RNDpoint

Custom Development for Banking & Fintech

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About

RND Point delivers solutions for Financial Industry since 2014. We offer custom software product development as well as integration of FICO and OutSystems platforms in banking, fintech and retail. We support our clients from decision making to working project, giving support in real time and augmenting clients' team. RND Point is a trusted partner for FICO and OutSystems integrating platforms for risk management, decision making, process automation, fraud detection, compliance, scoring and more.

Insights

  • Founded

    2014

  • Size

    51 to 250

  • Hourly Rate

    $26 - $50

  • Project Budget

    $10001 - $25000

Services

  • Web Development
  • Software Development
  • Mobile App Development

Industries

  • financial & payments
  • health care & life sciences
  • telecommunications
  • retail
  • energy & natural resources

Portfolio

Microservices Implementation in Banking

The microservices implementation was the next step in our collaboration with the retail bank that had previously ordered a new debt collection system. In the first phase of building the debt collection management system for the bank, we participated in the redevelopment of the predictive dialing system (PDS) based on the microservices approach. The reward for success was our greater involvement in replacing the legacy architecture. During the preliminary research of the bank’s high-level architecture and existing systems all the challenges were taken into consideration and the right systems were selected. Additionally, as we were not the only party dealing with this project, our areas of our responsibility were defined: The PDS: reassembling the existing backend into microservice containers. The brokerage system: conducting system analysis, developing functionaland non-functional requirements, and connecting banking applications through microservices. The AML system: conducting syste

Mobile applications for Overdraft management and P2P payments

Retail bank received numerous complaints from its customers about the performance of existing applications. RND Point has already delivered its previous projects to the bank. Therefore the bank management invited us to rebuild the applications. Our experts migrated the functionality and developed new features using OutSystems low-code platform for two the Bank’s apps – P2P Money Transfer and Installment Credit Card. With OutSystems functionality, RND Point’s specialists achieved the following: Optimization of P2P Money Transfer and Installment Credit Card applications. Significant improvement of the applications performance. Applications security enhancement. Scalable Administrator panel development. Optimization of database operations. RND Point’s specialists continue to be actively involved in further development of P2P Money Transfer and Installment Credit Card applications. At the same time, our consultants helped the Bank’s development department to learn the features of

Credit Decision Platform for Lending

The Credit Decision Platform (CDP) is a multi-modular solution for both manual and automatic loan origination application processing. Fast development and delivery in less than 3 months. Fail-proof integration with all the internal and external systems. Processing of 1,000 applications in less than 15 minutes. Fast and easy adaptation to new business requirements without coding. To meet the strict deadline and the requirements elicited at the business analysis stage, RND Point’s engineers used the cloud-based FICO Application Studio, which is built on the OutSystems Rapid Application Development platform. Thanks to our choice of effective and reliable development tools, the development process itself was straightforward and well-paced, with no unexpected issues. Our engineers finished the development and delivered the fully functional credit decision platform within the contractual terms. IMPACT The very first stress testing showed the credit decision platform could process up to 1,0

Debt Collection Automation from A to Z in Just Several Months

Collection is a past-due debt management collection system. It covers all banking front-office workflows related to debt collection. Decision-making strategy development — completed Pre-collection stage operations — completed Soft-collection stage operations — completed Hard-collection stage operations — completed Collection agencies — completed Legal collection agencies — in progress The customer, the owner of the Collection system, is a sizable commercial bank with a focus on lending to individuals. Therefore, debt collection management is one of the bank’s essential business operations. It goes without saying that the bank already had a debt-management system, but by that time it became out-dated and not reliable any longer so a quick implementation of a new system was really a mission critical requirement. As the bank had already used FICO-based solutions with satisfying results, they chose FICO as the basic technology for the debt collection automation system to be d

Insurance Fraud Detection Software

Our client, the Moscow Municipal Compulsory Medical Insurance Fund, is a state agency formed to finance compulsory health insurance programs and control the rational use of funds. Insurance fraud is a serious problem for the Fund. Fraudulent claims make up a significant part of all claims received by the Fund, which leads to severe financial losses every year. To prevent such heavy losses, the Fund decided to take a more rigid approach to detecting and responding to fraud claims. Toward this goal, they were looking to hire specialists to develop an automated fraud detection solution, and that is how they turned to our partner company. This partner had been working with us for several years and knew about our strong expertise in building complex algorithms and optimizing business processes. The partner invited us to participate in the project and take on some of the heavy tasks. Working together with our partner, we divided the functions as follows: The partner company was responsible f

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Location

  • UK 160 Kemp House, , City Road, London, London , United Kingdom

    447380307832