Mobile app incorporating AI/ML technology tracks investments and transactions to
facilitate wealth management for customers.
About Project
The client is a renowned Indian financial institution, and one of the largest in the Asia-Pacific region. They provide loans, mutual funds, investments, and other financial services. The client wanted to leverage technology and incorporate it into a mobile app. They approached Brainvire to develop an app allowing customers to track their wealth and investments.
What we did
Brainvire’s talented development team created an innovative wealth management app that allowed users to manage income, expenses, and investments at their fingertips.
Categorization of income and expenses- Using machine learning, the mobile app
collects a large volume of data. The AI/ML algorithm is set to enable the
categorization of data and test it as well.
01
Transaction identification- The mobile app supports AI/ML algorithms. It reads
text messages to identify any transactions. In case of any transactions, it
provides details such as income, expenses with all the particulars like payee,
amount, purpose, etc.
02
Mutual fund investment tracker- Users can manage all mutual fund investments in
just a few clicks. It identifies all the investments from a consolidated
statement so that the user is not required to enter any information.
03
Mutual fund recommendation- We’ve added a data analytics feature to recommend
investment options to users. It analyzes users’ current investments and provides
them with investment suggestions that could yield a higher ROI.
04
Categorization of income and expenses- Using machine learning, the mobile app
collects a large volume of data. The AI/ML algorithm is set to enable the
categorization of data and test it as well.
01
Transaction identification- The mobile app supports AI/ML algorithms. It reads
text messages to identify any transactions. In case of any transactions, it
provides details such as income, expenses with all the particulars like payee,
amount, purpose, etc.
02
Mutual fund investment tracker- Users can manage all mutual fund investments in
just a few clicks. It identifies all the investments from a consolidated
statement so that the user is not required to enter any information.
03
Mutual fund recommendation- We’ve added a data analytics feature to recommend
investment options to users. It analyzes users’ current investments and provides
them with investment suggestions that could yield a higher ROI.
04
Categorization of income and expenses- Using machine learning, the mobile app
collects a large volume of data. The AI/ML algorithm is set to enable the
categorization of data and test it as well.
Feature
Highlights
Brainvire’s mobile application allows the client’s customers to manage their personal wealth and investments easily. The AI/ML technology provides appropriate investment solutions based on the customers’ income, expenses, and behaviors. Data analytics offers investment advice and recommendations by tracking customers’ transactions. Customers can view their transactions in graphical representations such as charts and graphs making git easier for them to understand data.
Client Testimonials
If any urgent needs arise, I can count on them to take care of things. Their deliverables are reliable thanks to vigorous QA testing. They are communicative, flexible, and willing to evolve to meet changing needs.
“Brainvire Infotech Inc is developing an Android and iOS app that allows customers to see loan details and apply for or renew loans. They’re also working on an app and website for the broking space.”