Next-Gen Financial Business Intelligence Platform for Smart Decisions

Our Customer is a data services company providing business owners, research professionals and advisers with a robust web tool to analyze financial performance and benchmark it against the industry average.

The company’s flagship product started going out of date. Seeking to preserve its positions in the market, the company was aiming to replace their legacy platform with a significantly enhanced and improved solution for financial business intelligence while preserving all the current functionality. Drawing on the results of our previous collaboration, the Customer engaged Iflexion for the project delivery.

Since there was no clarity regarding project requirements at the initial stage of development, the Customer opted for the Time & Materials engagement model, thus reserving the right to change project specifications and add new items in the course of development without losing control of the project budget.

Comprising three .NET developers, a layout designer and a project manager, Iflexion’s project team covered the full range of the project needs, from requirements analysis and clarification through development and integration to testing and maintenance/support.

Our fintech software developers introduced a number of improvements touching on every aspect of the financial business intelligence system, from the user interface and data presentation to functional capabilities and system performance:

• Iflexion’s engineers built a custom, ad-hoc percentile finding algorithm tailored specifically to the Customer’s application to ensure efficient Big Data processing and integration of isolated data silos
• Our team utilized Knockout.js to transfer a portion of data conversion processes to the client side to deal with slow system responsiveness due to heavy data conversion processing on the server side

Iflexion’s engineers have breathed new life into the Customer’s existing service by ensuring its robust performance, fast data processing, and enriched data visualization. The platform was successfully launched, and now is showing a great potential as an ultimate business intelligence tool. Later on, Iflexion’s team developed an API to integrate the system with a number of U.S. banking institutions.