APPLICATION MAINTENANCE

A few months ago, we sat across the table from a mid-sized NBFC’s risk head who said something that stuck with us: “Our fraud losses aren’t from sophisticated hackers. They’re from patterns we saw six months ago and never fixed.” That one line pretty much sums up the real problem with fraud detection in banking […]

Last quarter, a mid-sized NBFC we work with needed four senior Java developers to migrate their loan management system before RBI’s new compliance deadline. Their HR team had been running the hiring process for eleven weeks. Three offers were made. Two candidates ghosted after accepting, one joined a competitor for a better package mid-negotiation. The […]

At Speqto Technologies, we’ve spent the better part of a decade building software for banks, NBFCs, insurance companies, and fintech startups. Over that time, we’ve seen the same outsourcing mistakes repeat themselves across companies that otherwise have sharp business instincts. Financial services leaders know how to evaluate risk in lending books or investment portfolios, but […]

A few months back, we sat in a review call with an NBFC client whose loan origination system had grown into a genuine mess. Every time they wanted to launch a new lending product or plug in a fresh credit bureau, their engineering team had to rebuild integration logic from scratch. Six weeks of “simple […]

Ask any operations head at a bank, NBFC, or fintech where their biggest risk actually lives, and rarely will the answer be “cybersecurity” or “market risk.” More often, it’s something far less glamorous — a reconciliation sheet that someone forgot to update, an approval that sat in an inbox for four days, or a compliance […]