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The largest digital bank in the world

Development of a complex online banking platform

The world-class solution for demanding client

Project ROI

After 6 months from release, we usually ask customers about the financial results of a project to make sure we did our job well

145%

Project timeline

Andersen team has spent more than 4000 hours every week on the development of this solution

4 weeks ahead of schedule

Market leader

The bank holds a leading position in the Russian market in terms of the credit card portfolio

2nd place

About the project

We work with a Russian commercial virtual bank headquartered in Moscow that provides its services remotely. Nowadays, it is the world’s largest online bank. The bank has no branches or physical offices, and therefore, requires a most advanced cutting-edge online platform to meet all the customers’ needs. For this purpose, the customer decided to transform the usual model of a bank and initiate an online financial marketplace with a full range of services available via mobile and desktop.

Industry

FinTech

Duration

38 months

Team size

100+ developers

Tech stack

ReactJS, Scala, Java, Swift, JavaScript, TypeScript, Angular 5+, Redux, Node.js

Delivered Solution

In order to enable clients to carry out daily banking operations, we created the up-to-date platform contains all the basic functionality, such as issuing credit and debit cards, payments, money transfers, savings, investments, loyalty programs, mortgages, and insurance.

Considering the convenience of M-Banking, a mobile application is a must for every bank. Therefore, along with the web system, we created corresponding mobile applications for Android and iOS. The applications have the same functionality as the platform has, allowing users to carry out a wide range of operations.

For the whole period of cooperation, we keep in touch with the customer for the further determination of the functionality needed

Project Results

Being the largest bank in the world, the customer has a wide clientage around the globe. As of 2017, the net income of the company amounted several hundred million US dollars. Putting at the forefront the idea of creating a fully functioning bank in a mobile phone combined with the most progressive approaches, Andersen’s team helped the customer to propel the banking services to the next level thereby increasing the number of clients coming in.

97

%

Satisfaction rate

27

%

Conversion of mobile app

3

%

Bounce rate decrease

Client’s feedback

SMB, enterprise and startup clients return to us because they’re happy with our work. Here’s what they say about Andersen.
John Specter
Vladimir Kovalenko CIO at Tinkoff Insurance

We have been working with Andersen for about 3 years. At the moment we engage in our projects 100 experts provided by this company. The main stack of technologies are the following: JS, React, TypeScript, Angular 5+, Redux, Unit Testing for the frontend, Java, Scala, Node for the backend, as well as the development of iOS/Android and assistance with QA Automation. So far, we are completely satisfied with our cooperation with Andersen and can recommend them as a reliable partner.