Corima
Successful Treasury Management System in the German-speaking world.
Year
1995–now
Industry
FinTech
Challenge
COPS Austria faced significant challenges when embarking on the development of Corima. Despite their deep industry knowledge, the scale and complexity of the project revealed gaps in their resources. The team was dealing with a system that had to address every aspect of corporate finance, integrating numerous applications into a single, cohesive interface. However, their existing methodology was not fully optimized for such a complex and dynamic project, and they lacked the necessary number of experts for development.
COPS Austria turned to our Venture Studio. To address these issues, it was crucial to implement a more robust agile methodology, which would enable the project to adapt to evolving requirements and client needs in real time. Additionally, there was a need to bring in technical expertise and additional manpower to manage the intricate demands of the project.
COPS Austria faced significant challenges when embarking on the development of Corima. Despite their deep industry knowledge, the scale and complexity of the project revealed gaps in their resources. The team was dealing with a system that had to address every aspect of corporate finance, integrating numerous applications into a single, cohesive interface. However, their existing methodology was not fully optimized for such a complex and dynamic project, and they lacked the necessary number of experts for development.
COPS Austria turned to our Venture Studio. To address these issues, it was crucial to implement a more robust agile methodology, which would enable the project to adapt to evolving requirements and client needs in real time. Additionally, there was a need to bring in technical expertise and additional manpower to manage the intricate demands of the project.
Outputs
Together with COPS Austria team, we constructed a complete modular system for Treasury Management, tailored to all areas of banking and corporate finance. Initially, we developed an integrated framework for the system’s core components. From there, we adapted various segments into distinct modules, and finally, we designed a user-friendly frontend (UI) that enhanced the overall user experience.
Today, Corima is a significant player in the market, being utilized by approximately 10% of the German-speaking financial sector. Our success in applying agile development principles was crucial in navigating the complexities of such a large-scale project. This approach not only facilitated the system’s development but also ensured that it could be continually refined to meet the most demanding client requirements.
Outputs
Together with COPS Austria team, we constructed a complete modular system for Treasury Management, tailored to all areas of banking and corporate finance. Initially, we developed an integrated framework for the system’s core components. From there, we adapted various segments into distinct modules, and finally, we designed a user-friendly frontend (UI) that enhanced the overall user experience.
Today, Corima is a significant player in the market, being utilized by approximately 10% of the German-speaking financial sector. Our success in applying agile development principles was crucial in navigating the complexities of such a large-scale project. This approach not only facilitated the system’s development but also ensured that it could be continually refined to meet the most demanding client requirements.