Financial Business Intelligence Platform

Project Type

Our Customer is a data services company providing research professionals, business owners, and advisers with a robust web tool to analyze financial performance of companies and benchmark it against the industry average. Once up-to-date and in high demand, the flagship product of company started showing signs of technological obsolescence. Seeking to preserve its positions on the market, the company was aiming at replacing 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 PixelCrayons for this project as well.

Key Challenges

• Custom, ad-hoc percentile finding algorithm tailored specifically for the Customer’s application
• Efficient Big Data processing and integration of isolated data silos
• Rich data visualization
• Slow system responsiveness due to heavy data conversion processing on the server side.

Proposition & Solution

• PixelCrayons team made several improvements touching on every aspect of the system, from user interface and data presentation to functional capabilities and system performance.
• As for its functional structure, the Customer’s solution consists of two major parts: a client-facing website and an administration panel for administrators to monitor user activity and configure system settings.
• This financial business intelligence platform is accessible on a subscription basis and offers a number of convenient tools to evaluate companies’ business performance and generate personalized reports and practical recommendations.
• Driven by a complex business logic, the solution covers a great range of key performance indicators, financial variables, “what-if” scenarios, valuation techniques, etc.

Our Development Process

• The Discovery Phase- Our business analysts performed a lot of research and brainstorming before the app development process. At the end of the discovery phase the “Who, Why, What, When and Where” of the project were thoroughly scrutinized.
• The Execution Phase- After gathering all the nuts and bolts to proceed, it was time for project execution. Our designers, developers and quality analysts followed agile development process for execution and worked side-by-side to achieve the project aims. Our project managers also did regular reviews to check the progress of the project went smoothly and according to the time.
• Sprint Base Project Delivery-We took client’s feedback on each stage of development and applied the feedback in the project. It helped us to meet the client’s expectations in the best possible manner.
• The Deployment Phase- Now, app was ready to be unleashed to the world after rigorous development & testing period. We deployed the app in the appstore.

Salient Features

• A custom, ad-hoc percentile finding algorithm tailored specifically for the Customer’s application to ensure efficient Big Data processing and integration of isolated data silos.
• The solution covers a great range of key performance indicators, financial variables, “what-if” scenarios, valuation techniques, etc.
• Two major parts: a client-facing website and an administration panel for administrators to monitor user activity and configure system settings

Results & Benefits

Our professionals have literally breathed a new life into the Customer’s existing service by ensuring its fast data processing, robust performance, and enriched data visualization. The platform was successfully launched, and is showing a great potential as an ultimate business intelligence tool. And as for now, we are already working on the development of an API for integration with a number of banking institutions.