Smart Financial offers a number of software solutions that can be molded according to the customers’ specific requirements. The company’s main services include core banking and financial, business financial management, banking and payments, security and control, infrastructure, and Internet and mobile banking. Smart Financial primarily provides consulting services that can help financial institutions efficiently manage their business. “We have hired experts to provide post production support and help in the integration of banking systems,” says Samaniego. The company’s solutions integrate ADSI (Advanced Services International Inc.) professional services to support the financial industry by delivering management and technology platforms. “We have been installing banking systems for more than twenty years through ADSI,” describes Samaniego. “With this expertise we are able to deliver higher quality software, and ADSI is supporting that implementation,” he adds.
Keeping in mind the fact that net banking requires se¬curity, Smart Financial has developed applications for core banking by utilizing standard methodology in the market— Capability Maturity Model Integration (CMMI). “CMMI is the discipline to develop the process of installing the banking systems that enables financial institutions to work in a very reliable environment,” explains Samaniego.
We develop software solutions for core banking that integrate new technologies with various products and mission critical services
Smart Financial’s solutions have helped many financial institutions to take full advantage of their core banking prominence. To highlight one of its customers’ success stories, a bank wanted to expand and reach out to more customers. “It was a small trade union that had two to three branches and needed to multiply its customer base,” says Samaniego. The customer approached Smart Financial looking for a solution that can help them seamlessly open branches across different countries. Smart Financial assisted them in deploying banking systems to provide them accessibility from a single point. After the effective implementation of the solutions, the customer now has nearly 100 branches in place.
After having a well-established portfolio, Smart Financial aims to wade its way into different market segments, while improving the current business. “We are planning to expand our services in the U.S., Europe and Latin America,” concludes Samaniego.