FERNBACH is a group of medium-sized companies operating worldwide in software solutions and consulting whose hallmark is many years of Fintech expertise combined with a strong customer focus.
Customers can implement, configure and use state-of-the-art software in various ways.
Traditional providers, particularly in the sector of financial software solutions, favour an approach whereby each software package is customised, i.e. adapted to your needs directly on your premises. However, the implementation of a software package with 100 configuration switches that you, as a customer, can turn on/off to enable and disable functions, will result in 1,267,650,600,228,229,401,496,703,205,376 different combinations of functions that the provider has to test and approve. Is it really possible to carry out all these tests?
In contrast, more progressive software providers focus on ready-to-use software components that are increasingly provided as a ‘cloud’ solution. As a customer, you can profit from the benefits of such a solution much more quickly (“time to market”) because you can use existing components and combine them with each other so that individual requirements are mapped.
The challenge that many companies “stumble over” needs to be considered in advance: if you, as a customer, license standard components from a provider in order to entirely configure your own customised application yourself, you will naturally need a large number of Fintech engineers and experienced architects who are able to check the component plan before assembly starts and to determine whether the entire system will work in the end. BIAN has been working on this type of roadmap since 2008. Do you employ these kinds of experts who can build heterogeneous multi-vendor systems?
Now you may be wondering how FERNBACH delivers its software products?
To provide you with a graphic example, we configure the application in the same way as a car nowadays. You select the basic chassis (in your case, you provide us with information on your business model, quantities etc.) and then decide from among thousands of options, what your car (namely the individual processes and the departments involved) should look like, the distances to take (potential growth strategies) and the cost per kilometre.
Just imagine that we would deliver your car (in the form of customised software and processes), ready to drive at the deadline specified, just as you ordered. As a result, your specialist department can start using it immediately - without having to go through a lengthy, cost-intensive and risky implementation project.
To this end, we can use our innovative FlexFinance technology. Technically speaking, this is a modular system of components that can help you adjust or enhance your customised solution in the future, if necessary, to meet your further requirements. ‘Think big, start small!’ is the usual path that we and our customers decide to take. We ensure that the entire system and its sub-components will function perfectly and harmonise. For today as well as in the future. There is no need to work out the assembly instructions yourself because we do this for you, in consideration of your own requirements and your intentions, plans and objectives. To this you can add our staff’s long experience that has been gained in numerous successful customer projects to ensure a positive outcome for you.
Günther Fernbach, who established the company in 1986, currently acts as owner and CEO responsible for the group.
Not only can you trust us but you can also monitor what we are doing. We operate entirely on the basis of dynamic models at internal level in a completely transparent environment. This means that we fully disclose our activities for our customers who can view (real time via the web) our internal processes and development stages. Customers can try out ready-made, released sample applications and new releases at any time in our customer section.
Find out more about our processes for project transparency and clarity.