Right & Above is

Your One Stop Shop

IT Vendor

From Design and Development to Tech Support and Hosting.
Enterprise and Web, Mobile and Embedded Systems -
We’ve got you covered!

        

  • We have been working with Right&Above since late 2016. Our experience with them has been exceptional. At first, I was not convinced that an international... read more >

    Samuel Ibrahim - Founder & CEO

    Flow ROI

  • Our website www.commlinkav.com  needed a unique design, something special which could help us to stand out from the competitors. We are proud of our... read more >

    Roman Genkin - Partner

    Comm Link Inc.

  • MRAG Americas, Inc. had a very unique app project.  Right&Above came highly recommended for this project by colleagues in the IT industry.  Right&Above... read more >

    Connie Delano

    MRAG Americas, Inc.

  • Right & Above has been our go to IT services provider for the last four years, whether our project was electronics development or bespoke software development.... read more >

    N. Melissas

    S Falcon Australia Pty Ltd

  • Right&Above team really impressed us with an exceptional ability to cater to all our technology needs. Whether it is hardware and software development,... read more >

    Alexander Gak

    Baeta Corporation

  • Right&Above was a great pleasure to work with. Their staff was knowledgable and professional, committed to the project and timeline, dedicated to providing... read more >

    Anna Kuznesov

    Wishsoup

  • Right&Above software development services were recommended to us by colleagues in the FinTech industry. As a founder of a company, I know first hand what... read more >

    Kristjan Kangro - Founder & CEO

    Change

  • Working with Right&Above has benefitted us in numerous ways. From talent, teamwork to timely delivery, Right&Above continues to prove to be an asset to... read more >

    Archana Jaiswal

    Funseek

  • Working with Right&Above was one of the best choices we have made as a company. Right&Above played a vital part in moving our business forward... read more >

    Candice Curtin - CEO

    Pressure Dx, LLC

  • Working together with the Right&Above team is an excellent experience. They have successfully executed more actionable development strategies than... read more >

    Zoltan Gelencser MSc, MBA, PhD

    Research Talent Ltd.

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Read our testimonials

Testimonials


Right&Above software development services were recommended to us by colleagues in the FinTech industry. As a founder of a company, I know first hand what a dependable vendor means for business, and can vouch for Right&Above.

Right&Above team provides high quality continuous delivery, clear and effective communication, technology stack flexibility, and quick team buildup and scaling. They carefully listen and identify the client needs, and develop a timely solution to meet those needs. They use their technical expertise to advise on available options, and advantages and disadvantages of specific tools, methods and solutions.

We have greatly benefited from our relationship from Right&Above to implement a financial investing platform. Right&Above is a trusted technology partner who is part of our success.

Kristjan Kangro - Founder & CEO

Change

There are several benefits to working with Right&Above. Some of them are:
  1. High-quality development resources for all purposes
  2. Almost on-demand resourcing. Right&Above reacts fast to our needs.
  3. Human Resources Risk Management: By having Right&Above as a trusted partner in the long-term, the risk of missing resources, in case the internal team reduces in size, is minimizing.
The product of the work of Right&Above is consistently high quality.
The deliverables are at the expectation and well-tested.
The deliverables are simple to understand and maintain.
Right&Above is getting the right skill set and the right amount of resources at the right time, consistently.

Christos Alatzidis - Group CIO & CTO

BDSwiss

We have been working with Right&Above since late 2016. Our experience with them has been exceptional.

At first, I was not convinced that an international development company will meet the demands of our elaborate software platform, or completely understand the scope of our industry. However, not only we are happy but can unequivocally say we could not have accomplished our goals, objective, and develop such an comprehensive product with any other company. Right&Above have quickly and efficiently understood our requirement, our industry and the scope of the platform. Their designers and developers are first rate. They are able to scale the numbers of developers to meet the demands and deadlines of our needs. They are truly a partner that is always there and care not just about their work but also about our company and entire operation. When I demonstrate the product to industry leaders and colleagues in other industries, they are amazed at how fast we developed the platform and more amazed when we describe the budget to accomplish this magnificent work. Our relationship with Right&Above will continue for years to come, and with complete confidence I recommend them.

 

Samuel Ibrahim - Founder & CEO

Flow ROI

Our website www.commlinkav.com needed a unique design, something special which could help us to stand out from the competitors. We are proud of our high level of customer service and we always expect the same attitude to ourselves. Right&Above stands up to its slogan – the work was really done Right&Above our Expectations!

 

Roman Genkin - Partner

Comm Link Inc.

Working with Right&Above was one of the best choices we have made as a company. Right&Above played a vital part in moving our business forward by creating the vision we had for our innovative healthcare software. They worked efficiently and always kept in contact about the project status. Their work was extremely impressive and far exceeded our expectations. They were able to create a visually impressive, user friendly software which can now be used by healthcare providers all over the world. The feedback from our users has been incredibly positive. We are very grateful for the fantastic job they did. We will, without hesitation, use Right&Above again for all of our software engineering and graphic design needs in the future.

Candice Curtin - CEO

Pressure Dx, LLC

MRAG Americas, Inc. had a very unique app project.  Right&Above came highly recommended for this project by colleagues in the IT industry.  Right&Above accepted the project’s challenges confidently without hesitation.  They clearly outlined the scope and expected outcomes of building an app that would deliver reports to MRAG Americas, Inc. from anywhere anytime.  The results from Right&Above were exceptional, timely, professionally designed and created, and fully executed to complete satisfaction.  The open lines of communication made the project go smoothly and helped the debug phase immensely, as Right&Above found solutions that matched MRAG’s needs.  It is a pleasure doing business with Right&Above.

 

 

Connie Delano

MRAG Americas, Inc.

Working together with the Right&Above team is an excellent experience. They have successfully executed more actionable development strategies than most people have even started to think about. Right&Above has developed for us in a number of areas: hardware, embedded systems, firmware, server-side software and client front-end applications. They approached every challenge with a brilliant attitude and returned with a trustworthy advice on how to handle tasks impossible for others. The team is very competent in a great number of fields, engaging with R&D talent in the forefront of information technology. Without hesitation, I am recommending Right&Above for any project that requires the very best in development when the key to success is to do end-to-end development under the same roof.

 

Zoltan Gelencser MSc, MBA, PhD

Research Talent Ltd.

Working with Right&Above has benefitted us in numerous ways. From talent, teamwork to timely delivery, Right&Above continues to prove to be an asset to our company.
The results of working with Right&Above is a great product and support. We continue to get positive feedback on the product from our clients.
Right&Above is a one stop shop for all our needs. From front to back end development and hosting, Right&Above’s talented and reliable team continues to contribute greatly to our success.

Archana Jaiswal

Funseek

Right&Above team really impressed us with an exceptional ability to cater to all our technology needs. Whether it is hardware and software development, website creation or hosting and IT support, they timely provide everything we ask for. Using the right innovative technologies they’ve made our biggest, boldest idea come true – deliver a solution that helps our clients live a better, healthier life. Baeta Corporation also greatly respects Right&Above management capabilities for promptly communicating every status along the way. We believe that future lies in close cooperation of technology and mankind. Thanks to Right&Above, our vision made a difference in the healthcare industry.

Alexander Gak

Baeta Corporation

Right&Above was a great pleasure to work with. Their staff was knowledgable and professional, committed to the project and timeline, dedicated to providing best service possible. We are very pleased with the overall effort Right&Above has put forth, as well as the final result! They have delivered exactly what we needed and more!

Anna Kuznesov

Wishsoup

Services

For us, there are no unexplored technology paths.
We provide a wide range of services including:

  • Software
    Engineering

    Java / C-languages / .NET / PHP / Ruby on Rails / WordPress / Drupal

    From desktop and web, to mobile and tablets, our development team codes with skill.

    We understand your needs and keep our finger on the pulse of the latest technologies to make sure every app meets and exceeds your expectations.

  • Web & Graphic
    Design

    Adobe Illustrator / Adobe Photoshop / CorelDRAW / HTML5/CSS3

    Whether you need an original website, or a concept, our talented designers will create a unique design to represent your unique project.

    When developing your website, we apply only cutting-edge W3C compliant web technologies.

  • IT Administration

    Linux/UNIX / Mobile / Windows / VoIP / Hosting / Cloud / Virtualization

    Need to troubleshoot a network problem or backup an application? Do what you always have done, while we support and host for you.

    We provide IT support and hosting services and can take care of networks, applications and websites.

  • Embedded
    Systems

    Embedded Programming / Research & Development / PCB Design & Layout

    Got an idea to create a new device? We can help. We provide embedded solutions for microcontroller based systems.

    From small devices to complex multifunctional systems, we take a challenge with a great inspiration, and a desire to bring you a top-notch solution.

From desktop and web, to mobile and tablets, our development team codes with skill.

We understand your needs and keep our finger on the pulse of the latest technologies to make sure every app meets and exceeds your expectations.

  • We are

    Right & Above –

    A full-service technology solutions provider based in the Washington, DC metropolitan area.

    We provide effective and efficient technology solutions to organizations of all sizes, both nationwide and internationally.

    We had a pleasure to work with clients in various industries, including security, telecommunications, healthcare, Internet, consumer electronics, and many more.

    By delivering effective, reliable and secure IT solutions, we help our clients optimize operations, remedy vulnerabilities and speed the development of new products and services.

  • We believe

    That a project should be done right, and that is to meet our clients’ expectations.

    We strive to offer more and be above which means to exceed these expectations.

    That’s what the name Right&Above stands for.

  • We work

    With startups, small and midsize businesses, large companies.

  • We are

    Talent-centric

    We believe that motivated, talented and dedicated professionals are the key to a project’s success.

    That’s why we carefully select our team members and create favorable conditions for a truly cooperative environment.

    Right&Above is a place where experts work hand in hand with young and creative professionals to reach one goal – bring every project to success.

  • With

    Right & Above,

    You get a true technology solutions delivery partner that is committed to your success.

    Our promise to our customers, is that we will always do the very best we can to help them reach their goals and be successful, commit to only what we can deliver, deliver on whatever we commit to, and that we will always deliver superior value to them through innovation, excellence, and professionalism.

Blog

In the Near Future: Most Companies Are in the Cloud

Understanding Big Data

Explaining the Internet of Things

Single sign-on (SSO) solution

Artificial Intelligence in Finance and Banking

How financial institutions use biometrics

Current FinTech trends and technology drivers

What Is WebRTC and Why Should You Know About It?

What Are Cryptocurrency Exchanges?

Which Development Methodology Will Suit Your Project Better?

How to Choose a Right Hosting Service for your Project

Artificial Intelligence in Finance and Banking

linkedin3@1xThe financial sector is one of the most perspective areas of Artificial Intelligence (AI) applications. According to the PricewaterhouseCoopers research, 52% of financial services industry leaders are currently making “substantial” investments in artificial intelligence, and 72% of business decision makers believe that AI will become a business advantage in the future.

According to Forbes, 70% of financial institutions are already using artificial intelligence to predict incoming cash flows and credit ratings. AI spending in banking is projected to reach $300 billion by 2030, according to the IHS Markit report.

The main goal of artificial intelligence in financial and banking sectors is to evaluate customer preferences, their level of satisfaction with services, and to assist in determining future customer expectations for new financial products and technologies.

The main areas of using artificial intelligence in the banking industry:

  1. Customer satisfaction.

Individual approach is one of the factors of quality service. Artificial intelligence can reveal customer preferences based on available records. The results will help the program to personalize financial services for a particular user. As a result, the bank’s customers will receive good service, and the credit institution will receive the location of the audience.

  1. Virtual interlocutor.

With the help of chatbots, banks can provide various financial information, understand the requirements of each client, create individual commercial offers, implement loyalty programs and provide various additional services.

  1. Fight against fraud.

The strength of artificial intelligence is the continuity of data collection. One way to detect bank fraud is for AI to scan the vast transactional data and monitor for any atypical activities or irregular behaviors. According to IBM, by 2025 the losses from fraud in the world will reach $44 billion.

  1. Automation of processes.

It helps reduce operational costs and increase productivity, optimize time costs, reduce the risk of human error, and more. JP Morgan Chase has already successfully used Robotic Process Automation (RPA) to perform tasks such as data extraction, compliance with Know Your Customer (KYC) rules and collection of documents. RPA is one of five new technologies that JP Morgan Chase is using to improve its cash management process.

linkedin5@1xArtificial Intelligence technologies in banking facilitate the generation of recommendations, forecasts and specialized financial consulting for clients.

The cumulative potential cost savings for banks from AI-powered apps are estimated to be up to $450 billion this year. These apps provide quick insight into financial strategies, lending rates, and future market progress.

Currently, developments in the application of AI technologies are focused in the following main directions:

  1. Personalized financial guidance.

Artificial intelligence can help customers make simple and quick financial decisions to get up-to-date information on current market structure, suggestions on financial products in which it is advisable to invest. Statista predicts that by 2025, 478.89 million users will use AI in their asset management schemes.

  1. Interactive Voice Response Systems (IVRS).

An automated voice system assists in routing calls to appropriate banking departments, informing and ongoing advice to customers.

  1. Customer Service.

Investments in chatbots and dialog interfaces are a priority for many of the largest banks. Their implementation aims to improve customer service while increasing revenue. Some companies are already creating dedicated chatbots for finance to help customers ask questions via chat, such as “How much did I spend on products last month?” and “What was my personal savings account balance 60 days ago?” among others.

  1. Security.

AI can use algorithms to identify signs of fraud against specific actions, providing improved user authentication by analyzing various factors. Recently, banks around the world have been implementing biometrics to transform and automate KYC processes. Banks are increasingly using biometric identification of customers to carry out operations using mobile devices such as a smartphone, PC or tablet.

The direction of biometric data analysis by artificial intelligence in selecting financial products, dynamic tracking of clients’ reactions to the tone of their communication with bank employees through wide resolution cameras with facial expressions captured in real time are promising for development. The communication between the bank employee and the client will be simplified when selecting credit products, as the bank will be able to increase the efficiency of assessment of the client’s ability to repay the loans with the help of the AI biometric data assessment.

  1. Mobile banking.

The basic premise of mobile banking is to provide banking services 24/7. For example, Erica, Bank of America’s chatbot, an artificial intelligence-based virtual assistant, can help customers check balances, remind them of their accounts and answer bank-related questions.

  1. Algorithmic trading.

Analysis of thousands of pieces of data simultaneously allows artificial intelligence to estimate both expected profits and potential risk, which will help in making commercial decisions. According to JPMorgan, already in 2020, more than 60% of transactions worth more than $10 million were conducted with the help of algorithms. The experts believe that by 2024, the figure will reach $19 million.

linkedin4@1xThus, the goal of implementing artificial intelligence in the financial sector is to provide the most efficient and time-saving services possible while providing a personalized and high-quality environment for building customer satisfaction.

AI-based products offer a number of undeniable benefits to companies, investors and consumers. However, the adoption of AI technology faces a number of challenges:

  1. The complexity of integrating AI into a financial institution’s existing business system, the rules of which are clearly regulated by the financial regulator.
  1. The quality of original data sets, which are the basis of AI operation. The results of training algorithms directly depend on the quantity and correctness of data.
  1. The risk of getting a “black box” model, i.e. a forecast without its explanation.
  1. Data labeling. A few years ago, most of the data was structured – textual. Today, most of the data consists of images and video. For AI to work well, this data needs to be labeled in a database (ImageNet bases).
  1. Some non-technical workers lack AI training, and this can have a negative impact on their work with this technology.
  1. Possible model or database errors, such as bias, as the AI makes decisions based on “other people’s” opinions that may be present initially in the data set.
  1. There is a shortage of professionals with both technical knowledge and business understanding who know how to apply AI technologies to a specific business process, which is why many projects in this area fail to achieve success.
  1. Price factor. The cost of implementing AI benefits large financial services companies. Mid-sized and small organizations face greater challenges in implementing AI, and often the resulting costs don’t pay off.
  1. Legal constraints. The legal system has not kept pace with the development of AI technology. Among the many problems at the intersection of legal regulations and technology practices is the transfer of sensitive data from one legal entity to another.

linkedin1@1xDespite the challenges, artificial intelligence will continue changing the business landscape of the financial industry by altering algorithms and information exchange schemes. Sophisticated products using AI and virtual reality technology are expected to enter the market for self-service for financial sector customers. Also, the number of platforms managed by artificial intelligence for personal finance management is expected to increase.

These developments open prospects for a radical change of business models in the financial sector of the global economy. According to a Gartner Research study conducted in 2020, artificial intelligence and machine learning were named the best game-changing technologies in financial services.

Get in Touch

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  • contact@rightandabove.com
  • 1 (703) 760-3700
  • 1 (703) 760-3701
  • RightAndAbove
  • 11325 Random Hills Road, Suite 360
    Fairfax, VA 22030, USA
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