Challenges
3 February 2022

How to Boost Your Project Evolution

There are several ways to boost your development project. One of the main ones is to have a team: right people, good management, proven expertise, and a predictable budget. In this article, we will share some of our thoughts on how to boost your IT project with the right team. 

You can save resources if you start your project with a company that offers the SDT service:

  • You will not spend time searching for every developer you need. Instead, you hire the SDT once. Then, all possible recruiting and HR issues are not your problem, they are INSART’s.
  • You will not spend money to maintain the recruiting process and train developers in technical aspects, financial domains, and security issues. Our SDT is trained in all these fields.
  • You can focus on your business without spending your resources on development. We will take care of the workflow, documentation, team management, and other essential components required to successfully maintain your project.

To maintain a general financial expertise, we follow a few specific measures:

Expertise and experience

  • Every developer at INSART has the relevant expertise and experience in the Fintech domain. The vast majority of the team has long-established working experience, and our technical mentors offer reliable seniority.

Financial education

  • Our SDT has a strong understanding of financial services. Besides, we are constantly helping our consultants to improve their knowledge. We run a distinct project on financial education to be sure all our consultants understand the basic principles of the financial sector.

Technology trends and solutions

  • Our company has internal knowledge sharing sessions to educate every consultant and provide them with the latest technology trends, new technical solutions, and goals for ongoing projects.

As a result, the client who hires the SDT does not need to invest in developers—INSART takes care of it.

The main difference between SDTs is the expertise of their team members. The team may build any solution regardless of whether it was started by another vendor or is to be built from scratch.

Depending on your objectives and capabilities, the team may have two or dozens of people. As the project successfully evolves, the team size may increase by adding people for existing roles and/or by adding new roles.

Why Use the Solution Development Team Service?

A service is an excellent tool with which to start your project quickly and run it smoothly. Here are a few of the main outcomes when you hire the SDT:

  • Your core team will have more time for innovation
  • You will be able to scale engineering capacity quickly
  • Your software development costs will stay predictable
  • Your software will have no security issues
  • Your client satisfaction will increase
  • You will onboard more and more clients and users
  • Your revenue and profit will grow

More time for innovation

You make it possible for your business to run and bring value to your customers. To achieve the best results, it’s a great strategy to concentrate your efforts on your core functions and to delegate additional processes to vendors to save time for your core team to innovate.

Scale engineering capacity

Giant companies are growing by merging with other companies. They combine competencies and skills to achieve the best possible results. This pattern is true for any business. Increase your company’s technological capacity in just one step: hire a team with its primary expertise in Fintech.

Predictable budget

If you hire an entire team with all the team members you need, you can predict your budget. Therefore, it is beneficial to hire an SDT. We build an SDT that is customized to your needs. We discover your needs, goals, and limitations, and based on those, we establish a team that best meets your expectations. From the very beginning, we inform you about the team size and how it may grow if required. Based on this information, you understand the estimate of the budget.

Client satisfaction and new users

If you hire an experienced SDT, the development process will be faster than it would be with separate developers. Consequently, you will have a shorter time to market. When you don’t need to spend much time on development issues, you can work on growing your business, attracting new customers, and satisfying your existing customers.

Profit will grow

Finally, saving time for core tasks, scaling engineering capacity, predicting a budget, and so on will pay off. Your revenue and profit will grow.

Summary

Working in the financial field, you obviously need a development team with a strong understanding of the domain. INSART has 10+ years of expertise in Fintech, and we are confident about our experience. We help Fintech companies build innovative, convenient, and secure products and solutions. Our expertise helps us understand our clients’ goals from the technological and business perspectives. One hundred percent of our clients recommend us to their partners and clients.