⁠Accelerating Growth for BFSI Firms with Modern Digital Solutions.

Schedule a 30-minute call
Colorful gradient

Real Results, Industry-Leading Solutions - See Our Client Case Studies

Open Banking
Payments & Cards Modernization
Core Banking Modernization
KYC / AML / FinCrime

API Souq (Market) Platform Modernizes Corporate Banking for Emirates NBD

Launched a unified API marketplace with real-time financial integration capabilities, helping corporate clients to automate payments, account visibility, and cash flow management in real time.

The solution supports 7 service categories - from account and payment services to webhook-based notifications - empowering clients to build scalable digital experiences.

ANZ Launches BlueSpace Sandbox to Accelerate Fintech Co-Creation

ANZ launched BlueSpace, a secure sandbox platform enabling fintechs, startups, and institutional clients to rapidly test and validate digital banking solutions using synthetic transaction data and API plugins.

BlueSpace allows rapid prototyping without touching production systems, lowering onboarding friction and fast-tracking strategic partnerships.

AXA Improves Integration Capabilities & Costs Savings with Hybrid Cloud on Azure

Now able to offer services more openly thanks to hybrid cloud setup. Infrastructure scalability, implementation of best practices, high reproducibility after failures, and major reduction in maintenance costs of the solution.

Improved Interoperability and Slashed Time-to-market from 1 month to 2 weeks

Armadillo uses modern architecture to increase integration possibilities and interoperability, reduce time-to-market from 1 month to 2 weeks, enabling agile regional launches & enhanced customer insights.

4B+ Records & 3.2M Credit Accounts Migrated with Near-Perfect Accuracy

Delivered a 13-month migration project, moving 4+ billion records and 3.2 million credit accounts across 9 source and 4 target systems. We achieved exceptional data integrity with only 14 rejected records (expected) and full real-time reconciliation across 650+ reports.

Migrated 44,000 Card Accounts and 100m+ Transaction Records in a Single Weekend

BNP Paribas consolidated systems ahead of a major merger by migrating 44,000 card accounts. We executed two dress rehearsals and delivered a migration with 900+ data mappings and 170 reconciliation rules in a weekend.

Developed Payments & Savings Products and Improved Third-Party Vendor Hardening

Designed & developed a Youth Banking platform for Greenlight, featuring functionalities such as instant money transfers, card issuing and management, cashback for kids, savings rewards, and more, in a mobile-first environment.

Data Warehouse for Regulatory & Operational Reporting Across 20+ Systems

Built a data warehouse which consolidates data from 20+ systems including two core banking platforms for accurate regulatory & operational reporting. The engine streamlines ETL, validation, and BASEL II compliance, supporting both daily operations and long-term MIS strategy.

Clickstream Analytics at Petabyte Scale for 9M+ Retail Customers

Built a clickstream analytics platform for CRM and risk modeling across digital channels. With 1PB+ of behavioral data, 900+ predictive triggers, and integrations with external sources, the solution improves loan targeting, boosts campaign conversion, and sets the foundation for real-time engagement.

Automated KYC & AML at Scale Reduces Operational Risk & Compliance Costs

BNP Paribas automates KYC & AML workflows at scale with a modernized application, handling 100,000 monthly assessments across 700+ branches. The system integrates with customer-facing and back-office platforms, eliminating manual data re-entry and improving efficiency.

Advanced Analytics Discovery for Credit Risk, Retention & CLV Optimization

Through exploratory analysis and predictive modeling of contract and customer data, we delivered actionable recommendations across credit risk, churn prevention, and customer lifetime value, laying the base for data-driven decision-making and long-term analytics initiatives.
Book a 30-minute call

Tailored Solutions for BFSI's Most Burning Challenges

Open Banking

Expand into new digital business models with Open Banking, BaaS, and FinTech collaboration.
  • Developer-Ready APIs: Use Virtusa's Open Innovation Platform (OIP) to ideate, prototype, and launch digital finance products with prebuilt APIs, synthetic data, and sandbox environments.
  • Customer-Centric Journeys: Build in-context experiences across commerce, life events, and enterprise workflows; from POS financing to emergency coverage.
  • API-First Architecture: Deploy reusable APIs across payments, KYC, accounts, and wallets. Enable rapid development of composable finance journeys.
  • Compliance & Security at Scale: Ensure data privacy, access governance, and regulatory alignment across markets with built-in policy enforcement and observability.

Payments Modernization

Modernize payment platforms to meet the demands of real-time, cross-border, and data-rich payments.
  • Hybrid & Cloud-Native Platforms: Shift to scalable, service-based payment systems aligned with modern rails and APIs.
  • Real-Time & Cross-Border: Enable 24/7 transactions with ISO-compliant, instant real-time payments, and global capabilities.
  • Enhance Resilience & Scalability: Improve performance and stability across global payment infrastructures while reducing tech debt and increasing fault tolerance.
  • Analytics & Automation: Automate reconciliation, fraud checks, and reporting using AI-based tools, ensuring compliance across multiple currencies and jurisdictions.

Core Banking Modernization

Replace rigid core systems with agile platforms that support personalized experiences & operational agility.
  • Digital Core Foundations: Adopt modern banking engines that streamline processing and improve time to market.
  • Composable Architecture: Decompose monoliths into modular services using BIAN-aligned microservices.
  • Cloud-Enabled Platforms: Deploy new cores or wrap legacy with APIs for hybrid modernization paths.
  • 360° Integration: Enable seamless interoperability across digital channels, data platforms, and compliance layers.
  • Scalable Infrastructure: Ensure your banking platform can flex with growth and changing business needs.

FinCrime, Risk, and Regulatory Reporting

Modernize risk and compliance operations to improve accuracy, transparency, and efficiency.
  • Risk & Compliance Platform Consolidation: Simplify and modernize legacy systems across business lines, integrating KYC, AML, CLM, and transaction monitoring platforms.
  • Real-Time Risk Monitoring & Reporting: automate risk surveillance, compliance processes, and fraud detection with near real-time surveillance, thresholding, anomaly detection, and intelligent alert triage through AI/ML accelerators.
  • Optimized Customer Onboarding & KYC: Digitize onboarding with omni-channel ID verification, dynamic KYC/CDD refresh, and significant reductions in onboarding times and false positives.
  • Strategic Regulatory Compliance: Navigate multi-jurisdiction regulations, data privacy laws, and risk management practices with integrated compliance solutions.
Integration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration iconIntegration icon

Industry Partnerships and Modern Tech Stack Powering Our Solutions

Industry Segments & Domains

iPhone mockup
Learn More
iPhone mockup
Learn More
iPhone mockup
Learn More
iPhone mockup
Learn More
iPhone mockup
Learn More
Is now part of Virtusa

About Us in Numbers

Since we've joined Virtusa, we're much more than just a local European player, bringing deep Banking, Financial Services, and Insurance expertise from across the globe.
100+
Top Banking, Financial Services, and Insurance Clients
2,000+
Successful Projects
12+ Years
Average Client Tenure
90th
Percentile NPS
15,000+
BFSI Experts
30,000+
Total People On Board

See what some of our clients have to say

Play video icon
For over 9 years, we’ve partnered with ITMAGINATION for numerous projects. What impresses me most is their consistent reliability.
Jarek Dąbrowski
Senior Technology Director & Board Member
Play video icon
What sets our relationship apart is the partnership approach; it's not just about staff augmentation. Over the past years, we've built a level of trust that allows us to work seamlessly.
Dennis Priess
Head of Mobile Engineering & Quality Assurance
David McGowan
SVP, CIO of Global Commercial Services. Previously CTO at Kabbage, Acquired by American Express
"Kabbage’s (Acquired by American Express) partnership with ITMAGINATION has been instrumental in completing our goals across numerous major projects."
Logo ITMAGINATION Client BNP Paribas
Małgorzata Dąbrowska
Chief Operating Officer & Board Member
"ITMAGINATION has been cooperating with BNP Paribas since 2012, completing many initiatives with the bank, providing and implementing software that was developed especially for our needs."
Dorota Poniatowska-Mańczak
Chief Innovation Officer
"We have been cooperating with ITMAGINATION since 2016. The main project created by ITMAGINATION for our company was implemented very quickly – in only 13 months."
Luma Financial Technologies Logo
David Wood
Managing Director
"ITMAGINATION's team was able to understand our business needs and set up a development team quickly and to a high quality."
Armadillo.one Logo
Michael Wolf
Chief Technology Officer (CTO)
"The  team has been great to work with, they are direct communicators, open to  feedback and work hard to build a great product."
Logo ITMAGINATION Client Hochland
Robert Pernak
Pricing Manager
"ITMAGINATION's team clearly understands our needs, have top-notch expertise both in our sector (FMCG), as well as the technologies used - Business Intelligence Data Warehousing."
‍

Meet Our Solutioning Team

Amit Bhute
Global Head of Banking and Financial Services at Virtusa

With over 25 years of technology experience in the financial services industry, Amit has spearheaded initiatives to modernize payments platforms, transform core banking systems, build new cash management platforms, launch embedded finance products, and leverage AI to reduce sanctions false positives.

Maciej Gos
Chief Architect

I am a technology strategist and executive architect with over 20 years of experience designing, scaling, and modernizing digital platforms for startups, scale-ups, and enterprises.

My expertise lies in translating complex technology into business-aligned outcomes; driving innovation, resilience, and growth.

As Chief Architect, Fractional CTO, and founder of The Future Thinker, I help organizations navigate transformation through a blend of deep technical insight and forward-thinking strategy.

Jakub Czajkowski
.NET Competency Leader

With over 16 years in the IT industry, including more than a decade at ITMAGINATION, I specialize in backend development, cloud architecture, and Microsoft technologies, helping businesses design scalable, high-quality solutions with a value-first approach.

Tomasz Rębelski
Java Competency Leader

With over 13 years of experience in software development, architecture, and engineering leadership, I help businesses build scalable, high-performance solutions across industries, specializing in modernization, enterprise integration, and AI-driven personalization.

Girish Velappan
Vice President - Digital at Virtusa

For over two decades, Girish has been instrumental in helping Fortune 500 companies define and deliver their digital future.

A proven leader in global digital transformation, he has successfully led large-scale digital platform and digital engineering initiatives.

Today, he continues to pioneer cutting-edge solutions, blending AI and digital innovation to create tangible business value.

Abhineet Basan
Data and AI Commercial Manager at Virtusa

With over 14 Years of professional experience, I am passionate about enabling businesses to unlock value through transformative AI-driven solutions by aligning innovative data strategies with organizational goals.

Dedicated to fostering collaboration and delivering impactful results, I strive to bring diverse perspectives to every initiative while contributing to Virtusa's cutting-edge offerings in Europe.

Have any questions?

Don't hesitate to reach out! Our team is here to help.
Book a 30-minute call

Tech Insights for the Financial Sector

Careers

Let's accelerate innovation by building cutting-edge products for the world’s leading brands together!

Join

Grow

Thrive

one of Poland’s fastest-growing tech companies.
your skills working with the latest technologies.
building products for the world’s leading enterprises & startups.

We are hiring

Our hottest jobs
Backend Engineer with Java & Kotlin (Onsite Cracow, Poland)
128
 - 
193
 PLN Net B2B +VAT
29
 - 
44
 EUR B2B Contract
Kraków
Remote
Frontend Developer (onsite from Cracow)
128
 - 
154
 PLN Net B2B +VAT
29
 - 
35
 EUR B2B Contract
Kraków
Remote
Tech Lead – Web Development( Onsite Kraków, Poland)
161
 - 
174
 PLN Net B2B +VAT
37
 - 
40
 EUR B2B Contract
Kraków
Remote
Find your perfect fit

Let's Talk About Your Project!

Thank you! Your submission has been received!
We will call you or send you an email soon to discuss the next steps.
Oops! Something went wrong while submitting the form.
Have an RFP or issues viewing the form?
Please reach out to us at marketing@itmagination.com
Maciej Gos
Chief Architect
ITMAGINATION LinkedIn
If you're interested in exploring how we can work together to achieve your business objectives & tackle your challenges - whether technical or on the business side, reach out and we'll arrange a call!

Our Team Is Trusted By

Logo ITMAGINATION Client BNP ParibasCredit Agricole ITMAGINATION ClientSantander ITMAGINATION ClientLogo ITMAGINATION Client CitiDNB (Danske Bank) ITMAGINATION ClientArmadillo.one LogoGreenlight ITMAGINATION Customer / Client