Mutual Fund Company Strengthens The Trust-Brainvire’s PMS

Tech Stack

.Net MVC
Azure cloud
jQuery
Microsoft SQL Server

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. To implement secured financial trade software, client was looking for ASP.Net development company and approached Brainvire for hybrid (offshore and onshore) development model.

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.

before

The Challenges

before-ring

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.

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.

Solution

The Challenges

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.

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.

Integration with advanced quantitative techniques and trader management tool

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.

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.

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.

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.

Adding trade data from excel sheet to system

Challenge: Securing crucial data

As there would be private and confidential financial data for millions of customer, the client needed a bulletproof security throughout.

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.

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.

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.

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.

Challenge: Securing crucial data

As there would be private and confidential financial data for millions of customer, the client needed a bulletproof security throughout.

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.

Result

Strengthened Branding
The stronger mutual fund brand became robust once the application is released
Massive increase in Usage
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 revenues

Product Screens

Client Testimonials

Brainvire transparency helped us to be more confident that they were doing their best engineering work for us at all times. The excellent documentation skills and extensive communication demonstrated by the team has pleased our internal team and provides an important check for the confidence.