India’s Biggest Mutual Fund Company Strengthens The Trust Via Brainvire’s Portfolio Management Solution
About Client
The client is India’s biggest and trusted asset management company with a net worth of Rs. 16,548 crore. It’s into the investment businesses such as mutual funds, asset management, life insurance, general insurance, stock broking, private equity and many other financial services. The client has 20 million+ customers across the India with total assets of Rs 82,209 crore as of now.
About Product
The product is a system that allows the users to keep watch on the trades via different views. The views will be in various graphical, table, statistical, and animation format letting trader understands the trades better. Plus, the traders are given the powerful functionalities to security wise add trades. The solution uses various tools and methodologies to measure risk management analytics, Equity Performance attribution, portfolio management, and enhance marketing capabilities of clients.
- Portfolio management products developed using advanced quantitative techniques, deliver a superior user-friendly package.
- On one click, wholesome views come to the screen including detailed view and compact view like GUILT and Income monitor view, Asset Allocator view, sample trade, post-trade values.
- The user will also be able to add trade to excel sheet with fixed fields and all the updated trade will be listed in the grid.
- For pending deals, users are able to add and delete trades.
- Calculates the portfolio with fewer easy steps.
How we did it ?
Trade through Excel Sheet
Data Security
Integration with Trading tools
Challenge: Complex view structure
The client asked for a system where an end user can log in and have a look at the portfolio with a diverse range of views. The views were equipped with many parameters involved such as % Market Value (Weight), Total Face Value (Rs. Crs.), Total Market Value (Rs in CRS), Modified Duration, Valuation Yields, Maturity Period, the type of asset and more.
Solution:
Brainvire’s business analysts and developers sat together and defined the complexities. A complete view structure was established in order to craft a logic to put it into the picture. Finally, the Brainvire developers could come up with such a seamless module that displays all the trade views in a significant representation. The Brainvire QA experts performed rigorous testing on the application to make it an error free solution.
Challenge: Adding trade data from excel sheet to system
The client required an application where the user can submit their trade data with necessary fields and the system could automatically take the data, parse it and add it into the system.
Solution:
Brainvire developers crafted an extensive module in ASP.net that takes the data from excel sheet to a fixed format. The system adds the trade field in the database, take an action upon it and finally list it in a grid.
Challenge: Securing crucial data
As there would be private and confidential financial data for millions of customer, the client needed a bulletproof security throughout.
Solution:
Having stronghold on data safety, having awareness of the data theft ways, the Brainvire developers coded an application where there isn’t any scope for a single loophole as far as the data was secured. Plus, the authentication system has tightened enough form both front end and back end. The good amount of time was deliberately taken to ensure the bulletproof security of an application.
Challenge: Integration with advanced quantitative techniques and trader management tool
In order to provide correct data for the latest portfolio, the client asked for the integration with certain third party software and APIs. Portfolio management products developed using advanced quantitative techniques, deliver a superior user-friendly package.
Solution:
The development team understood the each and every collaboration with the APIs and came up with a robustly integrated module that communicates with third-party systems and delivers the accurate results to clients on screen.Result
Strengthened branding
The stronger mutual fund brand became robust once the application is released
Massive increase in a trust
The application offers all types of views that customer can view the investment 360 degrees way
Widened user base
Having robust tools to strategize trades, lot many users opted for the same company
Huge rise in revenues
Trust, increased user base, and the branding together resulted in a giant leap in revenuesClient Testimonials
Mr Craig Agranoff
The best thing about Brainvire is Compatibility. Whenever we have a query Brainvire is always ready (24*7) to take care and resolve our issues. We would suggest them to everybody for their Web Design and Development need. Great quality of works and brilliant employees.
Mr Clarke Verdel
Brainvire is a professional company with professional developers who understand the problems that we are facing as a company. Outsourcing my projects at Brainvire saves me valuable time because they work efficient and they unburden me from the actual time management.
Mr Matthew
We have dealt with a lot of web development firms and other tech support companies, none come close to Brainvire. We would recommend them to everyone. Great quality of work and brilliant employees.
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