Allevo provides software solutions for financial institutions of all sizes for processing financial transactions. We promote BOOST (Banking On Open Source Technologies) in order to reduce the total cost of ownership and achieve end-to-end interoperability across the financial supply chain, offer operational risk containment, whilst addressing legal and regulatory constraints in processing financial transactions.
We strongly believe the answer is in developing an open infrastructure for customers to stay abreast and address swiftly and collaboratively industry moves such as real-time payments and better intraday management of liquidity and assets.
With the BOOST project, Allevo supports business growth by joint developments. It thus distributes its products with zero cost licenses and focuses on selling services, while aiming to create a self-sustaining open source community.
Allevo’s flagship product, FinTP, and all ancillary documentation is distributed freely and openly through the FINkers Unitedcommunity and it provides collaboration ground for rapid development and integration of new technologies, such as crypto currencies, biometric security, data analysis algorithms. This creates an open infrastructure for achieving real-time payments and a better management of liquidity and assets.