How did this profession come about?

In the description of the profession Financial platform developer, we described how IT specialists create large-scale services for clients who use the services of banks. But within the financial institutions themselves, a huge number of business processes take place. The most complex transactions with banking products are performed, which require control, ordering and automation. In addition, banks require complex multifunctional systems - for example, ATMs. A wide variety of programs are also created for them.

However, this is only one side of a financial developer's activity. He can create applications and programs for individuals, including educational and even entertainment.

Let's see for what purposes such a specialist creates software.

What products can such a specialist develop?

Banking business management

Many complex processes take place in modern banking systems. A financial software developer can create various programs for them that will help in automation, reporting, analytics, forecasting. Banks also need secure and capacious digital storage for information. Another important product is systems of different levels of access to information for employees. The bank stores a lot of confidential data, and many of them can be accessed by only one or several categories of employees.

Banking applications

Almost every bank today creates its own mobile application for its customers. At the same time, banks are competing to come up with as many useful functions for users as possible. These are virtual money boxes, and the ability to "tie" a card of another bank to the application, and a high level of security - for example, video identification of a client near an ATM. And of course, various affiliate programs - discounts in shops and services. Convenience, functionality and interface design are also of great importance. In general, there is a huge scope for the developer's work and imagination!

Financial literacy apps

Finance is perhaps one of the most difficult areas for the average person. Go understand what a swap is and what an option is. But today, various products are constantly being developed that help to understand the complexities of financial systems, laws and terms. For example, the game for smartphones Finance Park invites the user to develop their own company and teaches the basics of accounting. Everfi will explain how to invest wisely and make deals on the exchange.

And there are also many extremely useful programs that keep track of the money you received and the expenses made over different periods of time. With the help of them, you can control the level of expenses, analyze them and learn to manage your finances. There is even an application for developing financial literacy in children - CashGo. First, the child learns through an online game, and then can join a peer club, where he can invest in various virtual startups.