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CompanyProfle






ISO/MLS contact:
Jim Garlock
Director of Global Sales for Financial Services
954-342-5676
sales@chetu.com
www.chetu.com/i_finance.html




Custom IT solutions Try before you buy

that won't break While midsize ISOs are Chetu's primary focus in the
payments industry, anyone with the resources and desire
to develop in-house solutions is welcome. Each client is
the bank assigned a project manager, and sales representatives
remain involved for the duration of the contract. This
applies whether it's a single project or an ongoing long-
term collaboration wherein Chetu agrees to partner in
lorida-based Chetu Inc. specializes in providing the background to augment the client's IT staff.
full-service information technology (IT) solu-
tions to businesses ranging from entrepreneurs Chetu noted that among the benefits it provides is that
F to Fortune 500 companies. Since opening in it offers clients a two-week trial period. "You pay the
2000, the company has expanded to a half dozen satellite deposit for the developer(s) and then you can test us out
offices across the United States and Europe to accom- for the two weeks," Swanberg said. "If you don't like our
modate client growth. Sectors of growth include financial services, you can tear up the contract and we refund."
services, retail, healthcare and hospitality seeking to During the trial phase, clients receive a detailed project
build integrated systems for online, mobile, back-end and plan with a timeline clearly demarcated by expected
other business applications, the company noted. milestones.

Payments industry experience and knowledge are core Swanberg pointed out that Chetu's client and employee
attributes. "We do have a lot of developers that are very retention rates are excellent, and once a project is initiated,
skilled in the financial and payments industries that teams are quick to respond to fluctuating resource needs.
really understand that market and understand how to "Let's say they need an increase in their team size or a
best maximize the investment," said Ashley Swanberg, decrease in their team size," she said. "Our resources
Marketing Manager at Chetu. "We'll get somebody that are scalable, meaning that you can increase, go up to six
wants to do the payment gateway integrations and they resources and then go down to one resource and then
want to integrate with four or five different processors. go back up again, or change the type of development
We can do that." language based on your needs."

According to Chetu, the IT options are virtually limitless. Another benefit in having an experienced team involved
"We do a lot of back-end software development, but we with program development from the beginning is the
do customized software solutions as well," Swanberg avoidance of costly mistakes that might be overlooked by
said. "We also do point of sale. We do loan software less experienced teams. For example, when analyzing a
development, payment gateways, mobile apps, back- project, a Chetu project manager may determine there are
office integrations, literally everything you can think of better ways to optimize processes, which will inevitably
that would be IT software development for the financial save client resources over the long run, Swanberg noted.
services industry."
Project developers work a 44-hour week, including two
Chetu noted that all programs it develops are custom Saturdays per month, to expedite each project. Pricing
built on a per-client basis, which means nothing is off the is based on projected timing and number of people
shelf. "Everything we do is custom, and the reason that allocated per project or long-term arrangement. Right
we do it this way is because when our clients come to us now the company has approximately 800 developers and
and say that they want this type of solution, once we're engineers operating in two development centers in India.
done with the project they own it," she said. "They own As an onshore-offshore company, Chetu reported it is
the IP. They own the source code. It cuts down on things able to price services quite competitively.
like licensing fees to use somebody else's software."



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