Mavidev empowers banks and fintechs with secure, scalable, and fully custom financial software solutions. As a specialized banking software development company with 25+ years of combined experience, we support digital transformation by building modern core banking systems, payment solutions, and end-to-end fintech platforms. Our portfolio includes work for some of Turkey’s largest financial institutions, giving us deep insight into regulatory, operational, and technical requirements across the financial services industry.
We focus on Custom Software Development, Core Banking Development, and IT Staff Augmentation for financial organizations. Our engineers bring deep domain expertise across loan management systems, payment processing, digital banking channels, batch management, transaction monitoring, and secure fintech application development. Because we understand banking workflows at both business and technical levels, we design architectures that meet enterprise-grade security, performance, and scalability standards.
Financial institutions choose Mavidev for our disciplined engineering culture, reliable delivery, and ability to solve complex banking and fintech challenges. We help clients modernize legacy core banking modules, integrate third-party providers, optimize payment operations, and accelerate their product roadmaps with high-quality financial technology.
As a nearshore partner, we provide the flexibility of outsourced development with the professionalism of an enterprise engineering team. Our developers seamlessly integrate into client teams, increasing development velocity while reducing risk and operational overhead.
If you need a trusted partner for core banking software development, fintech product engineering, or financial system modernization, Mavidev delivers the expertise to build the next generation of banking technology.
"What really stands out about working with Mavidev is how quickly they understand the requirements."
Jan 16, 2026
Head of Technology, Bank
Anonymous
Verified
Banks
London, England
51-200 Employees
Online Review
Verified
Mavidev Software And Consultancy Co. modernized an international bank's term deposit platform. The team upgraded legacy components, streamlined processes, and implemented a scalable architecture.
Mavidev Software And Consultancy Co. contributed to smoother operations, reduced manual processing, and minimised errors. The team was organized, responsive, and understood the requirements quickly. They also had a deep understanding of banking processes and regulatory constraints.
BACKGROUND
Introduce your business and what you do there.
I’m the head of technology at an international bank.
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Mavidev Software And Consultancy Co. to accomplish for your business?
We engaged Mavidev to support our bank in modernizing our term deposit platform. The primary objectives were to enhance operational efficiency, improve the customer experience, and ensure the system could support future product and regulatory requirements. This included upgrading legacy components, streamlining end-to-end processes, and implementing a more flexible, scalable architecture to enable faster product configuration and improved service delivery.
SOLUTION
What was the scope of their involvement?
Mavidev is responsible for delivering key components of our term deposit modernization initiative. Their scope of work covers the analysis, design, and development of enhancements to our term deposit systems, focusing on replacing legacy processes, improving automation, and enabling more flexible management.The main deliverables include updated system modules to support modernized term deposit workflows, integration improvements with core banking and digital channels, and support for ongoing maintenance and future development. Mavidev also contributes to testing activities and collaborates closely with our internal teams to ensure a smooth transition to the enhanced platform.
What is the team composition?
We work with 2–5 teammates from Mavidev.
How did you come to work with Mavidev Software And Consultancy Co.?
We found them through a referral. We chose them over other options because they had high ratings, a great culture fit, and aligned company values.
What is the status of this engagement?
We worked together from October 2024–May 2025.
RESULTS & FEEDBACK
What evidence can you share that demonstrates the impact of the engagement?
Overall, the project has contributed to smoother operations, a noticeable reduction in manual processing within the term deposit lifecycle, significantly fewer errors, a reduction in the number of operational issues, and a more efficient end-to-end process. We have also received positive feedback after the changes went live. Our frontline teams have reported fewer queries related to term deposit processing, suggesting a more consistent experience overall.
How did Mavidev Software And Consultancy Co. perform from a project management standpoint?
One thing that stands out is how well Mavidev handles the complexity of the stakeholder landscape. This is not a simple, single-team project, as we have people involved from different departments, each with different expectations and ways of working. On top of that, we have to satisfy requirements from two different jurisdictions, which adds another layer of coordination and compliance. Despite this, Mavidev’s project management stands out in a positive way. They are organised, responsive, and genuinely on top of the details from start to finish. Communication is quick and clear. They do not just wait for instructions, they actively flag risks, suggest better approaches, and keep everyone aligned. They also show real ownership. As for timelines, they deliver when they say they will. They stay on schedule and work closely with our teams to keep everything moving smoothly.
What did you find most impressive about them?
What really stands out about working with Mavidev is how quickly they understand the requirements. They are not just writing code. They already know the banking processes, understand the regulatory constraints, and the practical realities. That level of domain knowledge is rare and makes a huge difference. Another thing that sets them apart is their attitude. They take ownership from day one and behave more like part of our internal team than an external vendor. When something needs attention, they just get on with it.
Are there any areas they could improve?
There’s nothing they need to improve.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
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1 Reviews
Our Story
Mavidev is powered by solution architects and senior engineers specialized in the financial domain. Our team speaks the language of banking—compliance, security, and high availability. Led by experts with 25+ years of experience, we hire talent that values precision and disciplined engineering. When you partner with us, you work with true fintech specialists.
Core banking specialist with deep expertise in regulatory-driven development and legacy modernization. Brings a mission-critical mindset with focus on batch optimization, high availability, and complex financial architectures.
What Sets Us Apart
Deep Banking Domain Expertise
We don’t just know Java or SQL—we understand Current Accounts, Loans, SWIFT, GL, Credit Scoring, Treasury, and the regulatory logic behind them. You never have to train our developers; we step in ready to solve real banking system challenges from day one.
25+ Years of Institutional Stability
In a volatile tech world, we bring two decades of experience serving major financial institutions. Our institutional memory allows us to preserve critical business logic and regulatory intent while modernizing your legacy systems with confidence.
High-Performance Batch Processing Expertise
We know banking runs on End-of-Day. Our team designs optimized batch architectures capable of reconciling millions of transactions, calculating interest accruals, and delivering next-day readiness within strict operational windows.
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