IT consulting & software development

We are ready to help you prepare your software from the first step to final implementation.


We listen

We listen to your ideas and visions for your project. We identify and clearly define its needs, requirements, and goals.

We come up with a proposal

Before we begin developing, we want to be sure we understand. We prepare and present solutions to minimize possible misunderstandings.

We develop and implement a solution

We use an iterative approach, and at the end of each cycle, we present the current state of the project. Our development methodology is Scrum, which we understand -

We release

The development is not over. At least not with us! We help integrate into your systems or cloud solutions that we use internally on a daily basis. We offer support or direct provision of your project's operation.


  • Software Development

  • IT Consulting 

  • IT Architecture

  • UX/UI Design & Development

  • ETL Processes

  • Design Databases

  • Cloud Base Solutions

  • Digital Transformation


We have identified, developed, and successfully implemented solutions for both large and small companies, always with the emphasis on maximizing the business value.

IFRS9 Provisions Plausibility Engine

In early 2018, a new methodology for the calculation of provisions for Expected Credit Losses (or ECL) under IFRS9 for the banking sector came into force. Our team was tasked with implementing a solution for the retail credit exposures of Raiffeisen Bank International (RBI). The calculation is used to check the plausibility of results provided by each RBI subsidiary bank.

Raiffeisen Bank International
"This was a clear example of agility. CloseIT was presenting a steady development in regular iterations as the tool was progressively taking shape. The speed of development was impressive. From zero to functional IFRS 9 ECL prototype in 3 months!"
Deyan Ivanov, Head of Retail Risk Methodology & Validation at Raiffeisen Bank International

We have created a unique solution for recurring stress tests in credit risk Raiffeisen Bank International, which allows us to define our own test scenarios for simulation of portfolio development and calculations of individual Risk Parameters RWA or ECL. Our application was successfully used for EBA stress tests in 2018 and continues to be extensively used for other stress testing needs by internal or required controllers.

Internal workflows are often defined very strictly, but not supported by appropriate tools. Data and documents are distributed via emails or shared folders, where there is clearly no single-source-of-truth. Keeping the deadlines between the teams is complicated because it creates ambiguities in which state the workflow is actually located and who is responsible for it.