FinTP

Allevo is a software company founded in 1998 that specializes in financial transaction processing solutions. Their flagship product, FinTP, is an open-source financial middleware platform designed to automate and integrate financial flows for banks, corporations, and public institutions.

Allevo started developing financial processing software in 2001, with their first product qBC. This evolved into qPayIntegrator in 2003, which was implemented in six major Romanian financial institutions by 2004. In 2011, Allevo made a significant strategic shift by initiating the FinTP Project, redesigning qPayIntegrator as an open-source solution under the GPL v3 license.

Allevo's main product offerings include:

FinTP: A versatile open-source solution for financial flow automation and integration. Key features include:

• Support for various financial instruments (funds transfer, direct debit, remittances, etc.)

   

• Operational risk containment features (transaction filtering, duplicate detection, reconciliation)

   

• SEPA and TARGET2 compliance

   

• Liquidity reporting and forecasting

   

• FinTP Connect: An API-based application for PSD2 compliance, enabling banks to respond to information

   

•  requests from Third-Party Providers (TPPs).

   

• FinTP Instant: A solution for connecting bank back-office systems to instant payment services.

   

• FinOps Suite: Focused on processing financial transactions for SMEs and corporate treasuries.

   

• Business Continuity solution: Provides financial transactions resilience and disaster recovery capabilities.