IFScore

IFScore is a software platform for financial institutions in Mexico, combining core banking, regulatory compliance and digital banking in a single suite. It is built as a set of microservices so that each institution can have a configuration matched to its own operation.

Services

• Core banking: a modular system that runs accounting through to regulatory reporting under the rules in force.
• Anti-money-laundering compliance: detection, documentation and reporting of relevant, unusual and internally flagged operations, connectable to any loan portfolio system.
• Credit software: tools for lending operations, including a proposed way to meet the NIIF 9 standard as set by Basilea III.
• Machine learning and open banking: pattern-recognition models and secure data sharing between banks, providers and third-party apps.
• Deployment choice: installation on the client's own servers or in the cloud, with clustered databases for availability and an automated release pipeline.

Who it serves

Banks, SOFOMES, SOFIPOS and savings and loan cooperatives (Cajas Populares) in Mexico, along with banking intermediaries and related entities.

Key facts

• Based in: Mexico (market served)
• Architecture: microservices with an enterprise service bus core
• Regulator focus: CNBV compliance
• Delivery: demo on request and a corporate brochure