Fintech Accelerator

Helping scale up FinTech businesses to be the global powerhouses

We help scale fintech organisations from startup to scale to compete traditional financial methods in the delivery of financial services by:

  • Bringing the  right Expertise at an optimal Cost at a desired Location and within defined Time Frame
  • Build processes aligned to business requirements & growth

What makes us unique

    •  Our Size: We offer flexible engagement models, allowing our clients to start small and scale as their business grows and our relationship matures
    •  Our Industry Knowledge: Our consultants come with prior knowledge of the Financial services Markets making it easier for them to deliver value quickly
    • End to End Offerings: Our end-to-end offerings include:
    • Advisory services
    • Development/implementations
    • Testing
    • Production support
    • Operations
    • Cloud migration and management
  • IT infrastructure management, training and support
  •  Hybrid Engagement Model:We offer a unique blend of onsite (in US & London) & offshore (in India) model that delivers both business & financial value to our clients. Our consultants come with the experience of building and operating complex financial technology platforms across the globe.

Industry Challenge

FinTech is the new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. This is a new industry driven by shortcomings of the traditional financial services industry, advances in technology especially Artificial Intelligence and razor-sharp focus on risk management & compliance.

Like with any new business, often the focus is on making the business model work. There are two primary challenges any new business faces while scaling up:

  • Bring right Talent at an optimal Cost at desired Location and within defined Time Frame
  • Build processes aligned to business needs & growth in client-base

Our Solution

Magic FinServ is run by a management team from erstwhile headstrong where this team built a focused financial services business of over USD half-a-billion servicing the top 20 investment banks, top 5 asset managers and top 5 exchanges across the world. During that time the company helped its clients build & operate complex trade management systems, client servicing platforms, client & reference data management system & market infrastructure applications & products.

Magic FinServ leverages its traditional knowledge of the financial services industry and combines with new-age technology and skills in Artificial Intelligence & Blockchain to help our clients ride this wave of innovation currently sweeping the industry.

Magic FinServ is young, agile and has deep-rooted knowledge of the industry with which this team has dealt with for the past 2 decades.

Magic can tap-into top-notch talent from New York, London & India at short notice. This team has the experience of building and operating complex platforms and hence understands the nuances of technology & processes to service clients across the globe

Services

  • Advisory servicesMagic has consultants with strong knowledge of the financial services domain and can bring in Business Analysts, Product Owners, Technology Architects, Data Scientists & Process consultants at a short notice
  • Development / Implementations: In addition to the knowledge of traditional programming environments like Java & Microsoft stack, we are well versed in modern frameworks like Angular, Node.js & React along with mobility skills in Android, Windows & iOS. We have expertise in Python, NLP libraries & Machine Learning
  • User Experience: Magic leverages boutique design houses to create initial concept design and compliments this team with inhouse designers from India’s premier institute, National institute of Design at Bangalore to create wireframes and seamless user experience
  • Testing: Magic can perform Functional, Performance, Load, Security & User Acceptance testing. We understand Automation for both frontend and backend and offer unique models to improve automation using custom solutions or by using industry standards tools like Selenium

MagicBlockchainQA.com offers niche testing services for blockchain including B2B & STOs. We can perform non-functional testing of the blockchain infrastructure as well functional testing for Smart Contracts

We offer 24*7 application & production support, including L1, L2 & L3 support. Our industry standard, time-tested processes ensure you & your customers a 99.95%+ uptime. We are accustomed to building support teams and processes from scratch and take our clients thru a structured process journey.

We are currently supporting over 125 clients globally across 5 continents.

  • Production Support: We offer 24*7 application & production support, including L1, L2 & L3 support. Our industry standard, time-tested processes ensure you & customers a 99.99%+ uptime. We are accustomed to building support teams and processes from scratch and take our clients thru a structured process journey
  • Operations: Magic can set up business operations teams as needed, be it in the area of client servicing, data quality or traditional Knowledge Process Outsourcing. We have a history of optimizing traditional KPOs, and business operations  by up to 70% by using Artificial Intelligence and process optimization
  • Cloud Migration & Management : Magic is well versed in GCP & Amazon environments with extensive experience of migrating complex on-prem applications to cloud

Technology & Frameworks