Power charge your ability to expand with a skilled remote workforce who understands the complexities of the fintech space
There are no longer enough engineers in the US for all the fintech companies that need them, but you can cut in front of the line for talent and simultaneously reduce your overhead cost up to 53% with nearshore team augmentation
What our clients say
case study
How we helped a major bank surpass their competitors
One of Montreal's top 3 largest banks wanted to develop the first end to end BaaS (Banking as a Service) white label solution in their space, to capture an untapped market in their region at a critical point before their competitors could follow.
The Challenge
Our client recognized the urgency to act swiftly and gain a competitive edge. However, they encountered significant hurdles in justifying the necessary budget and assembling an adept development team locally and within a reasonable timeframe.
The solution
Understanding the critical timing required, we swiftly deployed a dedicated team comprising a full-time technical leader and two senior engineers. This empowered our client to kickstart development without the delays inherent in establishing an in-house team.
The Execution
With our skilled professionals working independently, the first MVP was deployed within just four months .This milestone not only allowed our client to secure additional budgetary allocations but also enabled them to confidently present their groundbreaking BaaS solution to potential customers.
The Result
The impact was immediate. The bank, armed with a robust MVP, not only attracted substantial investment but also cultivated a flourishing customer base. Today, they proudly stand as the undisputed market leader in their region.
THE PROCESS
In-house staffing comes with its own set of benefits, but there is a reason now more than 60% of US companies outsource at least one business service, and each year witnesses a 15% increase in businesses opting to move their operations to Latin America.
In-House StaffingUS-BOUND | Traditional OffshoringMIDDLE EAST/EASTERN EUROPE | Oceans Code ExpertsLATAM NETWORK | |
|---|---|---|---|
| Cost per engineer | $110k-$250k yearly | $30k-$60k yearly | $59k-$99k yearly |
| Time-to-hire | 35-49 days | 15-30 days | 10-15 days |
| Attrition/turnover | ~11.5% | ~22.4% | ~6% |
| Interview/hire ratio | ~20% | ~15% | ~35% |
| English B2+ certified |  |  | |
| Timezone overlap | | | |
| Pre-vetted talent | | | |
| 90-days warranty | | | |
| Risk Management | | | |
| Success Management | | | |
ABOUT US
Oceans Code Experts has been helping financial solutions companies at the intersection of technology skyrocket their growth since 2015. How?
The ’Triple-A’ approach
There is a big number of nearshoring agencies, dev shops, BPO providers, and other companies out there promising to deliver top 1% talent at affordable rates. The catch?
Most of them are cutting corners somewhere; whether it's overhyping their ability to tackle challenging roles, compromising on the quality of their talent pool, lowballing their engineers' pay, or relying on a shaky support structure, the burden is on you to take a leap of faith. Unfortunately, the discovery of their shortcomings often hits you the hard way – and usually a bit too late.
Oceans is the only ‘Triple-A’ quality partner in Latin America. This award-winning approach not only underscores our dedication to investing substantial time and effort, ensuring that we don't cut corners at any stage , but it's also a concrete methodology grounded in three key pillars "Aptitude , Alliance, Alertness. "These pillars form the backbone of every facet of our process, ensuring that our internal highest standards to support you effectively.
We are so sure you will be satisfied that we are the only nearshoring partner to offer a 90-day, risk-free warranty.