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Published: Sep 10, 2026

Top 10 Financial Software Development Companies in Chicago (2026)

September 10, 2026
Read 9 min

Financial software projects need different kinds of development partners. A customer portal, a trading application, and a core banking upgrade each call for a different mix of engineering and industry experience. This list brings together companies with a Chicago presence and a remote fintech specialist. Compare their project focus, integration capabilities, and delivery services against the work your team needs to complete.

Itexus

1. Itexus

Itexus builds custom financial software for banking, trading, wealth management, payments, and lending. It handles product discovery, interface design, development, third-party integrations, testing, and ongoing support. It also takes over existing projects and modernizes older financial systems.

Integration is a large part of its work. Itexus connects products to banking services, payment infrastructure, identity verification providers, brokers, and market data feeds. It is a good remote option for teams whose product depends on several financial systems.

Key Facts

  • Core services: Financial software development, product design, API integration, testing, and maintenance.
  • Project focus: Banking applications, digital wallets, trading platforms, lending systems, and investment software.
  • Additional capabilities: Legacy modernization, project rescue, and dedicated development teams.
  • Location: Dover, Delaware, and Warsaw, Poland.

Contact Information

Caxy

2. Caxy

Caxy is a Chicago software consultancy that builds financial applications and connects them to existing banking infrastructure. Its financial services work includes digital account opening, member portals, mobile banking, and analytics. Instead of replacing the core system, Caxy builds an application and integration layer around it.

Its published clients include tastytrade, tastylive, Harbor Capital Advisors, and Best Money Moves. Those projects cover trading interfaces, financial media, investment information, and financial wellness. Community banks and credit unions can use Caxy to improve customer services and keep their existing system of record.

Key Facts

  • Core services: Custom software development, product design, systems integration, and technology strategy.
  • Financial focus: Community banking, credit unions, investment platforms, and financial wellness.
  • Integration approach: Custom middleware connecting existing core systems with newer applications.
  • Location: Chicago, Illinois.

Contact Information

  • Website: www.caxy.com
  • Twitter: x.com/caxy
  • LinkedIn: www.linkedin.com/company/caxy-interactive
  • Instagram: www.instagram.com/caxygram
  • Address: 212 W Van Buren St, Suite 1000, Chicago, IL 60607
LaunchPad Lab

3. LaunchPad Lab

LaunchPad Lab is a Chicago company that builds financial software for banks, lenders, wealth managers, and investment firms. It solves practical workflow problems: scattered custodian data, manual document processing, and client portals that must connect to existing records.

Much of its financial work runs on Salesforce, backed by custom web applications and integrations. It built portals for Inspira Financial, improved operations for Summit Trail Advisors, and created a financing pre-qualification app for Ironhorse Funding. LaunchPad Lab fits firms that already use Salesforce and want apps built around it. That avoids adding another separate system with its own disconnected data.

Key Facts

  • Core services: Custom web and mobile development, Salesforce development, integrations, and ongoing support.
  • Project focus: Account portals, custodian data platforms, loan applications, and portfolio reporting.
  • Technologies: Salesforce, React, Ruby on Rails, PostgreSQL, Heroku, and Render.
  • Location: Chicago, Illinois.

Contact Information

  • Website: launchpadlab.com
  • E-mail: moc.baldaphcnual@tcatnoc
  • Facebook: www.facebook.com/LaunchPadLab
  • LinkedIn: www.linkedin.com/company/launchpad-lab
  • Instagram: www.instagram.com/launchpadlab
  • Address: 448 N La Salle Dr, Floor 9, Chicago, IL 60654
  • Phone: (312) 888-9651
Highland

4. Highland

Highland, based in Chicago, pairs financial software development with customer research and product design. It works with banks, wealth and investment firms, life insurance and annuity providers, and fintech businesses.

Highland pays close attention to how people understand and use financial products. One team does research, concept development, prototyping, and software delivery, plus legacy integration and workflow automation. Consider Highland when you are still deciding what to build, or why customers are not adopting a product. It also works on open banking and embedded finance, where the customer experience depends on several connected services.

Key Facts

  • Core services: Customer research, product strategy, UX design, and custom software development.
  • Financial focus: Banking, wealth management, insurance, and fintech.
  • Project emphasis: Customer experience, product innovation, integration, and process automation.
  • Location: Chicago, Illinois.

Contact Information

  • Website: www.highlandsolutions.com
  • E-mail: moc.snoitulosdnalhgih@ksa
  • LinkedIn: www.linkedin.com/company/highland-chicago
  • Address: 125 S. Clark St., Suite 670, Chicago, IL 60603
  • Phone: (312) 863-7500
Velvetech

5. Velvetech

Velvetech builds financial software for payments, lending, investment management, and insurance. It builds customer-facing apps and the operational systems behind them, such as loan management, reporting, financial records, and third-party integrations. It has offices in Chicago and the Miami area.

Its projects include trading intelligence tools for Tradespoon, an alternative investment platform for Supervest, and engineering for a high-frequency trading system. Velvetech is a strong candidate for projects involving investment workflows, market data, or specialized trading infrastructure. It also modernizes and integrates existing financial applications.

Key Facts

  • Core services: Financial software development, modernization, systems integration, and technology consulting.
  • Project focus: Payments, lending, trading, wealth management, and financial operations.
  • Published project examples: Tradespoon and Supervest.
  • Location: Chicago, Illinois, and Sunny Isles Beach, Florida.

Contact Information

  • Website: velvetech.com
  • Facebook: www.facebook.com/velvetech
  • Twitter: x.com/velvetech
  • LinkedIn: www.linkedin.com/company/velvetech
  • Instagram: www.instagram.com/velvetech
  • Address: 5440 N. Cumberland Ave, Suite 150, Chicago, IL 60656
  • Phone: +1 (847) 559-0864
Simpalm

6. Simpalm

Simpalm builds mobile and web financial applications. Its fintech work covers digital payments, financial data, and integrations. It also handles design, backend development, testing, and maintenance after launch.

Simpalm publishes projects on merchant payments and financing. For Forte, it built mobile apps that connect to payment gateway APIs and card readers. For NAPAC, it built financing comparisons and payment estimates that work offline for field teams. Simpalm suits products that need a usable mobile app and reliable links to payment or lending services.

Key Facts

  • Core services: Mobile and web development, UI/UX design, backend engineering, and maintenance.
  • Project focus: Payment applications, financing tools, and fintech platforms.
  • Published project examples: Forte mobile payments and NAPAC financing.
  • Location: Chicago office, with additional operations outside Illinois.

Contact Information

  • Website: www.simpalm.com
  • E-mail: moc.mlapmis@tcatnoc
  • Facebook: www.facebook.com/Simpalm
  • LinkedIn: www.linkedin.com/company/simpalm
  • Address: 1136 S, Delano Court, Suite B201, Chicago, IL 60605
  • Phone: (312) 554-5843
Active Logic

7. Active Logic

Active Logic builds custom financial software with U.S.-based engineering teams and lists Chicago as one of its regional delivery hubs. Clients can hire it for a defined project, extra engineers, or a fully managed development team.

Its financial work covers loan origination and servicing, payment processing, client portals, reporting, and data platforms. It also builds integrations around existing core systems and automates manual financial workflows. A director of engineering oversees delivery, so buyers know who leads the technical work. Active Logic fits organizations that want domestic developers and direct contact with senior engineers.

Key Facts

  • Core services: Custom development, systems integration, legacy modernization, and cloud engineering.
  • Project focus: Lending, payments, investor portals, reporting, and financial analytics.
  • Delivery model: U.S.-based teams, with embedded and fully managed options.
  • Chicago presence: Regional delivery hub.

Contact Information

  • Website: activelogic.com
  • E-mail: moc.cigolevitca@selas
  • Address: 14300 Kenneth Road, Suite 200, Leawood, KS 66224
  • Phone: (888) 683-1337
West Monroe

8. West Monroe

West Monroe combines financial services consulting with technology implementation. Its Chicago office is part of a practice covering commercial banking, treasury and payments, wealth management, and agricultural lending. The firm handles both the technology and the operational changes around a financial platform.

For digital banking, it implements Salesforce, nCino, and Backbase, and does data and customer experience work. That makes it different from a studio that builds one application. West Monroe fits projects that change lending processes, banking platforms, data architecture, or post-acquisition integration alongside the software.

Key Facts

  • Core services: Digital banking implementation, data and analytics, technology integration, and operational transformation.
  • Financial focus: Commercial banking, payments, wealth management, and farm credit.
  • Platforms: Salesforce, nCino, and Backbase.
  • Location: Chicago office.

Contact Information

  • Website: www.westmonroe.com
  • Twitter: x.com/westmonroe
  • LinkedIn: www.linkedin.com/company/westmonroe
  • Instagram: www.instagram.com/wearewestmonroe
  • Address: 311 W Monroe St, 14th Floor, Chicago, IL 60606
  • Phone: +1 312-602-4000
Slalom

9. Slalom

Slalom has a Chicago practice that does digital product development, platform engineering, cloud modernization, and systems implementation. Its financial services clients work in banking, payments, capital markets, insurance, and wealth management.

Slalom pairs application delivery with data engineering and experience design. It built payment fraud detection for Sionic and a generative AI customer service assistant for Jaja Finance. Chicago firms get local consultants backed by a larger delivery organization. Slalom fits financial products that also require changes to data platforms, cloud infrastructure, or internal team systems.

Key Facts

  • Core services: Digital product development, platform engineering, cloud modernization, and systems integration.
  • Financial focus: Banking, payments, capital markets, and wealth management.
  • Additional capabilities: Data engineering, AI implementation, and customer experience design.
  • Location: Chicago office.

Contact Information

  • Website: www.slalom.com
  • Twitter: x.com/slalom
  • LinkedIn: www.linkedin.com/company/slalom-consulting
  • Address: 200 East Randolph, Suite 3700, Chicago, IL 60601
Accenture

10. Accenture

Accenture provides banking technology services and has a Chicago office. Its financial services work covers core banking, payment systems, digital lending, cloud adoption, and customer-facing banking experiences. It also implements technology and runs ongoing operations.

Accenture rebuilt Commonwealth Bank of Australia's core banking foundation using SAP Transaction Banking on AWS. Work at that scale suits large modernization programs with many systems and delivery teams. Banks comparing Accenture with smaller developers should define the development scope, platform dependencies, and operational responsibilities clearly.

Key Facts

  • Core services: Banking technology implementation, core modernization, payments transformation, and cloud integration.
  • Project focus: Enterprise banking systems, digital lending, and customer experience.
  • Published project example: Core banking modernization for Commonwealth Bank of Australia.
  • Location: Chicago office.

Contact Information

  • Website: www.accenture.com
  • Address: 500 West Madison Street, Chicago, IL, 60661-4544
  • Phone: +13126935009

Conclusion

Chicago businesses have several options when looking for financial software development expertise. The companies in this list differ in their technical focus, financial industry experience, delivery models, and scale. Some concentrate on custom applications, integrations, and customer portals, while others work across core banking, cloud modernization, data platforms, or enterprise transformation.

When comparing providers, start with the requirements of the project. Consider the financial workflows involved, existing platforms that need integration, technology requirements, expected delivery model, and the level of ongoing support. A smaller development team may focus on a specific application, while a larger consultancy can cover broader technology and operational changes.

The right shortlist will depend on the systems already in place and the scope of the planned product. Reviewing relevant financial projects, integration experience, technical capabilities, and communication model can help Chicago organizations identify providers whose services align with their development requirements.

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