Allevo is a private Romanian software company specialized in creating solutions for back office processing of value related transactions for financial and public institutions, corporate treasuries and SMEs.
Allevo provides maintenance and support services for its solution portfolio, as well for partner software these applications rely on.
Allevo solutions improve and automate business flows of FIs and ensure interoperability by aligning financial transaction systems to international market standards.
Allevo has made the shift from its traditional business model developed over the past 10 years to an open model, committing to create and contribute to open source projects, revealing the source code and documentation in the benefit of the banking and financial community.
Allevo steps into the open source world by releasing FinTP, an application for processing payments and financial transactions specifically designed for banks, corporations, public administrations, microfinance institutions and any other types of financial institutions.
FinTP is a widespread platform for processing financial transactions, an open and affordable alternative to existing proprietary payment systems, for an industry common solution. FinTP provides the building blocks for those FIs willing to make the strategic move of implementing open source solutions for commoditized parts of their infrastructure. The adopters become members of a club unified by the mutual interest of of pushing the interoperability level of financial transactions processing to a more refined stage, while enjoying the benefits of a falling TCO.
Because nowadays IT is or should be perceived as an enabler for FIs, rather than a differentiator, the future of FinTP is to evolve into the basis of a new standardization layer.
Allevo has a continuous presence at Sibos, a prime event in the financial industry, as visitors since 1999 and exhibitor at Sibos for the 7th time in a row – at Boston in 2014.
During Sibos Dubai, Allevo experts were on site to meet financial industry leaders, to interact on the hot topics of 2013, to discuss market trends, to present Allevo’s solution portfolio and to state their opinion in conference panels.
Allevo has expanded the community built around its open solution for processing financial transactions (FinTP), has made good new connections, has established new strategic partnerships and has started talks with new customers.
Past experiences include:
Vienna 2008 | Hong Kong 2009 | Amsterdam 2010 | Toronto 2011 | Osaka 2012
- 09 July 2014
In Helsinki, our CEO Corina Mihalache gave an interview for EBAday TV. She talked about the biggest challenges in building an open source community in such a highly regulated financial environme...Read more
- 25 June 2014
by Remus Decea
In the beginning…
It all started with the challenge of finding the best sharing and versioning environment that will best accommodate our needs for building a strong and...Read more