Software That Meets the Demands of Financial Services

Fintech app costs are driven less by screen count and more by identity verification, payments and banking integrations, AML/CTF controls, security testing and the evidence your compliance team needs. A narrow MVP costs far less than a regulated platform with open banking and card issuing. We quote a fixed price after a paid discovery; our app development cost and MVP development cost guides give typical Australian market ranges.

Common uses of AI in finance include document processing for loan, claims and onboarding files, KYC and AML alert triage, fraud signals, drafting customer communications, and internal assistants that answer staff questions from policy and product documents. For APRA-regulated entities, AI vendors and models fall under CPS 234 and CPS 230, so the design has to cover data location, human review and evidence for your risk team. Our guide to AI development for APRA-regulated financial services covers this in detail.

Yes. Finance automation typically targets accounts payable, invoice and receipt extraction, reconciliations, month-end reporting packs and client document collection. We connect the workflow to your accounting or ERP platform through its API and keep a person approving anything that moves money or goes to a regulator. Accounting and advisory firms have their own patterns, covered in our AI for accounting firms guide.

CPS 234 requires ADIs and other APRA-regulated entities to maintain information security capabilities commensurate with the size and extent of their threats. In practice, that means we design systems with a formal information asset register, clearly mapped control ownership, third-party assurance requirements (including us as a service provider), and tested incident response runbooks. We produce the artefacts APRA examiners actually ask for, information security policies, penetration test reports, vulnerability management evidence and control effectiveness attestations, rather than just checking a compliance checkbox.

Yes. Core platforms such as Temenos T24/Transact, Silverlake BANKS, TCS BaNCS and Australian-built platforms including Sandstone and ultracs each expose different integration options. Our preferred approach is API-first integration through the vendor's published integration layer, with ETL and messaging bridges where the core system predates modern APIs. We work closely with your vendor's professional services team to align on the integration architecture before writing a line of code.

Australian AML/CTF obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 require reporting entities to implement a risk-based compliance programme including customer identification procedures, ongoing due diligence, transaction monitoring and suspicious matter reporting to AUSTRAC. We build automated KYC onboarding workflows that connect to identity verification providers (such as Illion, Equifax or Green ID), sanctions screening APIs and PEP databases, with configurable risk-scoring rules and a case management interface for your compliance team to investigate and file SMRs.

We default to Australian-region deployments (AWS Sydney/Melbourne, Azure Australia East/Southeast or GCP Sydney) for all production data unless there is a compelling reason to do otherwise. For APRA-regulated entities, we document the data residency position in the system architecture record and ensure any cross-border data flows are captured in the group's data governance register as required by CPS 234 and privacy obligations under the Privacy Act. We do not use US-only services for storage of account holder data without explicit approval and appropriate data processing agreements.

Absolutely, and the needs are quite different. With early-stage fintechs we tend to focus on building a scalable foundation quickly: robust identity verification, a clean API contract, event-sourced data models that don't paint you into a corner, and an architecture that can absorb a Series A growth event without a rewrite. With established ADIs and insurers the focus is usually modernisation, compliance uplift or building net-new digital products alongside existing infrastructure. Where a fintech's AFSL or ACL position is still being determined by specialist counsel, we design the system so whatever obligations their lawyers land on can be implemented cleanly. We do not provide the licensing advice ourselves; we will refer you if you need it.