About

iON is an intuitive regulatory reporting system for financial institutions and banks. It processes a wide range of detailed information, and it generates XML-formatted periodic reports, such as AnaCredit, AML/CFT, CESOP, CMO, CRS, FACTA, SInF, STIR, and Securitization required by regulatory authorities. The app streamlines the reporting process, ensuring compliance with financial institutions' requirements through multi-stage data verification. Read more

CASE STUDY DETAILS

Client logo

FINGO systems

Enterprise/Corporation

Wroclaw, Poland

Project work

6 - 10 people

4 - 6 years

Between €250k-€500k

Scrum

FOCUS AREA

Challenge, approach, and impact

  • Increasing regulatory demands

    European financial regulatory institutions demand increasingly detailed information from banks, spanning lists and tables with millions of records. Moreover, the scope of required reports may fluctuate, while the time allotted for their submission could be short.

  • Data fragmentation and escalating compliance costs

    Data for accurate reporting is scattered across various internal banking systems, necessitating consolidation, validation and formatting. Reports necessitate support for hierarchical tables and nested data structures, adding to the complexity of compliance efforts.

  • Time-intensive manual processes

    Due to the volume and scope of collected data and ongoing regulatory changes preparing and ensuring the accuracy of reports consumes significant time for financial institution employees. So, process automation is essential for efficiency.

Testimonials

Two blue lines

“This is FINGO-s internal product. All functionalities have been added as agreed. We are very pleased with the effect. Cooperation within the team was very good and the exchange of information ran smoothly. The software works as intended.“ Read more

Anonymous

Product Owner

VERIFIED

Two blue lines

“This is FINGO-s internal product. All functionalities have been added as agreed. We are very pleased with the effect. Cooperation within the team was very good and the exchange of information ran smoothly. The software works as intended.“ Read more

Anonymous

Product Owner

VERIFIED

Two blue lines

“This is FINGO-s internal product. All functionalities have been added as agreed. We are very pleased with the effect. Cooperation within the team was very good and the exchange of information ran smoothly. The software works as intended.“ Read more

Anonymous

Product Owner

VERIFIED

Two blue lines

“This is FINGO-s internal product. All functionalities have been added as agreed. We are very pleased with the effect. Cooperation within the team was very good and the exchange of information ran smoothly. The software works as intended.“ Read more

Anonymous

Product Owner

VERIFIED

Two blue lines

“This is FINGO-s internal product. All functionalities have been added as agreed. We are very pleased with the effect. Cooperation within the team was very good and the exchange of information ran smoothly. The software works as intended.“ Read more

Anonymous

Product Owner

VERIFIED

Two blue lines

“This is FINGO-s internal product. All functionalities have been added as agreed. We are very pleased with the effect. Cooperation within the team was very good and the exchange of information ran smoothly. The software works as intended.“ Read more

Anonymous

Product Owner

VERIFIED

Team Structure

Client logo

Client Team

Project stakeholder

R*****

CTO

R***** M****

The client stakeholders at FINGO systems were working closely with the team at FINGO

Client logo

Agency Team

Production

1 x Product owner

Blue

1 x Scrum Master

Production

1 x UI Designer

Production

2 x Backend Developer

Production

2 x Frontend Developer

Production

2 x QA Engineer

Similar Case Studies

Slide 1 of 0
    Slide 1 of 0
      Slide 1 of 0