Infostream

Financial software for companies and public bodies in Montenegro

Financial technology is the focus at Infostream, an IT development firm. It says it designs, builds and introduces custom software for companies and public institutions, and that it works financial services technology into the products those organisations offer so that consumers can use and receive them more easily. Its site is based in Montenegro, and its project list names clients there.

Payment systems and registers

The company builds IT systems for different kinds of payments and joins payment systems to business process management software. It also writes registers, which it describes as secure databases holding the records of the entities involved in a business process, usually the final stop of an administrative procedure. Its experience includes registers of citizens, companies, employees and addresses, since financial systems tend to depend on that kind of register data.

Moving from paper to digital

A further line of work helps organisations leave paper-based processes. Infostream builds systems that collect paper and other unstructured information, convert it to digital form and process it centrally, and document management software that receives and tracks documents. The firm says this makes information both secure and available.

Projects it lists

• A contract execution system for a finance ministry directorate that handles European Union assistance funds: a single portal where contractors can view their contracts, follow a project, send project reports and ask for contract amendments, covering the process from budget planning to the end of a contract. It was built with Oracle APEX and JavaScript.
• ERPStream, the firm's own ERP software, customised and introduced at a port operator, a municipal water supply company and a national broadcaster. At the port it had to cover all business processes in one central database and connect to the port management system and to Montenegro's electronic invoice fiscalisation service.

Consulting and security

Infostream also offers consulting to help clients judge where technology can reshape their processes, and it resells Bitdefender antivirus for business, arguing that cyber-attacks are becoming more frequent. Its enterprise services also include IT infrastructure work.