Developing a Nearshore Engineering Team for a Fully Digital Banking Platform

A fully digital retail bank is experiencing significant difficulties in sourcing highly skilled software developers within its primary geographic market due to high demand, cost constraints, and regional talent concentration. External factors such as market fluctuations, global health crises, and geopolitical restrictions further limit access to necessary technical expertise, hindering the bank's ability to rapidly develop and deploy new digital financial products and features.

A rapidly growing digitally-native retail bank seeking to expand its technical capacity through nearshore software development teams to enhance agility and innovation.

• Establish a high-quality nearshore software development team comprising at least 30 engineers with expertise in key banking and mobile technology stacks.
• reduce time-to-contract onboarding to less than four weeks per developer to accelerate project delivery.
• Enhance the client's development velocity, particularly for mobile banking applications, enabling more frequent feature releases.
• Develop trust and long-term partnership with nearshore development providers to support expansion into other technical domains such as RPA, AI, and business analysis.
• Achieve early completion of team setup and operational readiness at least two months ahead of initial schedule.

• Multitechnology skill set including .NET, React, Golang, Java, iOS, Android, SRE/DevOps.
• Agile development methodologies with organized sessions and training to promote collaboration and continuous improvement.
• Implementation of DevOps practices for robust CI/CD pipelines.
• Platform for ongoing feedback, performance assessments, and knowledge sharing.
• Support for building internal capacity and a transfer model enabling eventual ownership and operational independence.

• Banking core systems and APIs for digital product development
• Developer onboarding and HR systems for contract management
• Agile project management tools
• Feedback and performance monitoring platforms

• Development team scalability to handle project growth
• Fast onboarding and ramp-up time (ca. 4 weeks per engineer)
• High security standards for banking applications and data
• Reliable communication channels and collaboration tools
• Strong infrastructure and legal compliance for nearshore operations

The initiative aims to significantly increase development velocity, enabling more rapid deployment of features and enhancements in the digital banking platform. Expected results include early team setup completion (ahead of schedule), over 30 skilled engineers contracted in less than two months, and a strengthened capacity for innovative financial product development. Additionally, the project will foster long-term strategic partnerships, reducing reliance on local talent pools and minimizing time-to-market for new digital solutions.