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How Much Will Your Financial Software Project Cost?
A full-service IT company with 19 years of experience in the financial technology domain, ScienceSoft ensures precise and transparent cost calculation and provides free, non-binding ballpark estimates to help our potential clients accurately plan their investments.
Use our service-specific calculators to quickly estimate the cost for your digital initiative and check if ScienceSoft's price ranges fit your budget.
Advanced Technology Solution Cost Calculators
Consider employing cutting-edge techs to drive the accuracy, efficiency, and safety of financial service operations.
Managed IT Service Cost Calculators
Our experts help financial firms ensure that their digital solutions and IT infrastructures are always up and running:
Security and Compliance Service Cost Calculators
Bringing 21 years of experience in information security, we help BFSI companies establish the robust protection and achieve regulatory compliance of their business apps:
Other Cost Calculators
Whatever specific financial IT service you seek, we've got your needs covered:
Explore Our Sample Cost Ranges
Custom financial software development costs
- $150,000–$250,000 A native mobile app (for banking, payments, insurance, etc.).
- $200,000–$400,000 A client-facing web app (e.g., e-banking, investor portal).
- $200,000–$600,000 A specialized service operations solution (e.g., loan processing, insurance underwriting) of average complexity.
- $300,000–$1,500,000 Blockchain-based BFSI software (e.g., for cross-border settlements, lending).
- $800,000–$4,000,000 A large-scale process automation system (for insurance, mortgage, etc.) powered with intelligent analytics.
BFSI data analytics service costs
- $30,000–$200,000 Developing a separate data science component (for forecasting, fraud detection, prescriptive analytics, etc.).
- $100,000–$150,000 Implementing a descriptive analytics system for a particular business area (e.g., sales, underwriting, loan servicing).
- $200,000–$400,000+ Building a business intelligence solution that calculates KPIs across multiple areas (operations, finance, etc.), integrates with 3–7 corporate and external systems, and features predictive analytics using non-neural-network ML models.
- $500,000–$1,000,000+ Creating a complex analytics system powered with big data and AI/ML.
Security and compliance costs
- $10,000 One-time penetration testing of a client-facing app like a web e-banking portal.
- $8,000–$16,000 Code review of an internal BFSI application.
- $10,000–$20,000 Compliance pre-audit (for PCI DSS, NYDFS, GDPR).
- $20,000 Network security testing for a midsized BFSI organization.
- $40,000+ A phishing campaign combined with white box financial IT infrastructure pentesting.
- $45,000 QRadar implementation and user training for a BFSI company with 1K–10K employees.
Quality assurance estimates
- $5,000 One-time performance testing for a financial mobile app.
- $30,000–$70,000+ Audit of financial software QA processes and consulting on improvements.
- $20,000/month Continuous managed testing services for a BFSI organization that has 3–5 constantly evolving apps.
Managed IT support prices
- $14–$40 per ticket L1–L2 IT support.
- $3,000–$16,000+/month Financial software maintenance and L3 support.
Why BFSI Companies Choose ScienceSoft
- Since 1989 in IT services and software development.
- An inspired, high-performing team of 750+ IT experts.
- Over 3,900 success stories.
- More than 1,300 happy clients.
- Practical knowledge of 30+ industries, including BFSI, healthcare, retail, and manufacturing.
- Quality-first approach based on a mature ISO 9001-certified quality management system.
- Robust security management supported by an ISO 27001 certification.
- Partnerships with Microsoft, AWS, Oracle, and other technology leaders.
Our BFSI Clients Share Their Experience with ScienceSoft
What stood out was ScienceSoft's proactive suggestions for cost-saving architecture design and tech stack solutions. Their input ensured we stayed within budget without compromising on software quality. The value we derived from partnering with ScienceSoft is definitely worth the investment.
The guys really cared about the online payment solution they developed for my company and weren’t happy until they had it perfect. They ask the right questions and look for ways to improve on an idea. Their communication was really good, and they explained their approach to all development aspects.
ScienceSoft are true engineers who think long-term and propose strategic decisions instead of micro-fixes, and, what is equally important, they carry them out as planned. From network management to SharePoint farm integration to PKI rollouts, I know I can count on them to get the job done and keep everything in order.
