Technology implementation services for the financial industry
Reliable technology and consulting expertise for PSD2 adoption
Sirma provides IT consulting and technology services to banks, bank software vendors, financial advisors, and third-party providers, helping them to achieve compliance with the EU Bank directives related to the PSD2 and the Open Banking.
The team has gained proven expertise in the process of PSD2 implementation, supporting banks in every stage of PSD2 adoption for the last six years. Our substantial consulting capabilities and extensive knowledge in the new bank technologies have been acquired in numerous PSD2 related projects. We help banks to transform their business and benefit from all changes in the fields of payments imposed by the regulation.
Why should banks go further than only PSD2 compliance?
PSD2 is designed to regulate innovative digital payment services, guarantee transparency, and enhance the security of online payments. It also opens the paying markets for competition and requires the achievement of PSD2 compliance of all banks.
The Open Banking digital revolution in Europe is driven by the changes related to the PSD2 framework, which is pushing banks to embrace technology and offer new services to compete with the disruptive FinTechs.
As part of our business and IT consultancy, we offer a set of technology services, including architecture design, software integration, and custom development, including:
Audit of the client's business and technical situation
Define a strategy and create a roadmap
Carry out a Gap analysis
Analyze business requirements and business use cases
Solution design and integration with the existing architecture
Create architecture to improve security and customer authentication
Build up APIs for seamless integration with TPPs
Ensure IT and business compliance
Conduct testing and validation
Execute overall project management
Sirma experts have acquired their comprehensive PSD2 expertise through extensive involvement in many recent projects covering PSD2-enabled solution implementations, in different roles - overall project management, design and implementation of solution architecture, security and customer authentication, custom software development and solutions delivery.
Sirma’s portfolio of PSD2 related services is a unique blend of technology and business expertise. We help our bank clients dramatically reduce the learning curve, launch new digital services, and speed up the innovation lifecycle.
In-depth business knowledge
Our business analysts are with a background from the financial industry and extensive IT experience
We are able to build not only software structure but also create APIs, develop custom software with UX centered design
Know-how that leads to successful implementation to the highest standards
Proven track record
500+ large and middle scale projects
Why work with us?
Accelerate your innovation cycle and launch new financial services
As PSD2 catalyzes a fundamental change in existing payment business models, Sirma offers reliable technology and consulting expertise for digital transformation projects, undertaken by banks.
Sirma IT and business consultants advise financial institutions on how to implement innovative FinTech solutions complied with PSD2. We also consult our clients on how to integrate their solutions with the core Temenos platform/T24 or FLEXCUBE to enable them to launch new services in no time and dramatically accelerate their innovation cycle.
The financial ecosystem would thrive when banks create their Open banking strategy around win-win collaboration with the new entrants.
Transform your business
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