Mavidev Software And Consultancy Co.

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Overview

$25,000+

Min Project Size

$50 - $99/hr

Avg Hourly Rate

10 - 49

Employees

2019

Year Founded

ABOUT MAVIDEV SOFTWARE AND CONSULTANCY CO.

Custom Financial Software & Core Banking Solutions

Mavidev empowers banks and fintech companies by providing secure, scalable, and customized financial software solutions. With over 25 years of combined experience as a specialized banking software development firm, we facilitate digital transformation by creating modern core banking systems, payment solutions, and comprehensive fintech platforms. Our portfolio features work for some of the largest financial institutions in Turkey, granting us a thorough understanding of the regulatory, operational, and technical demands of the financial services industry. We specialize in Custom Software Development, Core Banking Development, and IT Staff Augmentation for financial organizations. Our engineers possess extensive expertise in areas like loan management systems, payment processing, digital banking channels, batch management, transaction monitoring, and secure fintech application development. By comprehending banking workflows from both business and technical perspectives, we create architectures that comply with enterprise-level security, performance, and scalability standards. Financial institutions select Mavidev due to our rigorous engineering culture, dependable delivery, and ability to address complex banking and fintech issues. We assist clients in modernizing outdated core banking modules, integrating third-party services, optimizing payment processes, and accelerating their product development timelines with high-quality financial technology. As a nearshore partner, we combine the flexibility of outsourced development with the professionalism of an enterprise engineering team. Our developers integrate smoothly into client teams, enhancing development speed while minimizing risk and operational costs. If you seek a reliable partner for core banking software development, fintech product engineering, or financial system modernization, Mavidev offers the expertise needed to develop the next generation of banking technology.

Tech Stack

Amazon Application Development FrameworkSpring MVCReactNodeJSJavaJavaScriptSQLTypescript

Languages Spoken

EnglishTurkish

HIGHLIGHTS

$25,000+

Min Project Size

$50 - $99/hr

Avg Hourly Rate

10 - 49

Employees

2019

Year Founded

Services

Focus

Industries

Clients

Services Provided

38% Custom Web Application Development

12% Legacy System Modernization

50% IT Staff Augmentation

About the Team

OUR STORY

Our Narrative Mavidev is driven by solution architects and experienced engineers who focus on the financial sector. Our team understands the intricacies of banking, including compliance, security, and reliability. With leaders boasting over 25 years of expertise, we bring on board professionals who prioritize accuracy and methodical engineering. By collaborating with us, you engage with genuine fintech experts.

TEAM PHOTOS

Mavidev Software And Consultancy Co. team photo 1

Portfolio

Next-Generation Core Banking Microservices Dev.

Unknown

One of the largest technology firms in Turkey was developing an advanced core banking platform utilizing a microservices architecture. Mavidev was chosen as a specialized engineering partner to oversee several essential modules that demanded extensive expertise in banking and a high level of engineering rigor. These modules managed intricate financial processes, including ledger entries, product functionalities, interest calculations, and compliance with regulatory requirements. All financial operations were structured with a maker–checker workflow to ensure auditability, traceability, and adherence to internal control standards. It was crucial to maintain transaction integrity and concurrency, particularly during high-load scenarios. Mavidev implemented idempotent transaction flows, event-driven orchestration, and controlled asynchronous posting methods to prevent accounting events from delaying transactions. Rather than hindering business processes, financial entries were processed via a dependable event pipeline, allowing for scalable, rapid processing while maintaining overall consistency. Additionally, we optimized End-of-Day batch cycles by restructuring interdependencies, enhancing cutoff-time workflows, and coordinating batch sequencing across modules. This led to shorter batch windows, more consistent execution, and greater operational reliability. Furthermore, we established standardized exception orchestration, which facilitated the management of business rule violations and compensating transactions through consistent patterns. Our efforts accelerated the delivery schedule and significantly enhanced the stability, scalability, and operational efficiency of the new core banking platform as it moved toward production.

Term Deposit System Modernization for UK

Unknown

A banking operation based in the UK encountered performance challenges with its legacy Term Deposit module. The daily batch processes, particularly those involving interest accrual, maturity processing, and ledger postings, were excessively time-consuming, leading to delays in End-of-Day completion that posed both operational and regulatory risks. To address these issues, a project was launched to enhance and speed up critical batch processes in a high-volume setting. Mavidev developed a new Term Deposit engine from scratch, featuring a modern, modular architecture designed for reliable batch execution. The logic for interest accrual and maturity workflows was overhauled to reduce unnecessary locking, minimize computational burden, and improve processing efficiency across batch intervals. To avoid increased transaction latency during peak accounting periods, financial postings were managed through a controlled event-driven accounting system, ensuring asynchronous yet consistent updates to the ledger. This approach enabled the bank to handle large volumes of deposit accounts without sacrificing performance or accuracy. The overall lifecycle was integrated with a revamped End-of-Day batch sequence, leading to reduced completion times and the removal of persistent accounting delays. Additionally, maker–checker workflows were introduced to enhance auditability and ensure compliance with UK operational controls and regulatory standards. As a result, the bank achieved a significantly faster, more reliable, and fully maintainable Term Deposit microservice that stabilized end-of-day operations and restored confidence in its batch processing capabilities.

Modernization of Current, Nostro, and Non-Cash Ac.

Unknown

A regional bank in Iraq faced operational challenges with its outdated Current Account, Nostro, and Non-Cash Loan systems. Issues such as reconciliation discrepancies, slow and unpredictable batch processes, and frequent manual interventions led to operational risks and delays in End-of-Day processing. To address these problems, a modernization project was launched to stabilize core financial functions and enhance accounting accuracy. Mavidev reconstructed these modules using a modern service-oriented architecture and revamped essential financial workflows. The Current Account and Nostro systems were reconfigured to reduce reconciliation errors, while Non-Cash Loans were redesigned with structured lifecycle stages, automated exposure calculations, and maker-checker controls. Ledger postings were transitioned to a controlled, event-driven accounting pipeline, which minimized transaction delays during peak periods. Batch processes were optimized to lessen dependencies and enhance predictability, while standardized exception management allowed the bank to handle adjustments and regulatory scenarios more effectively. The outcome was a more stable, accurate, and maintainable core banking system that enabled faster and more reliable daily operations.

1 more project