End-To-End Development – Pennyworth

Client

Pennyworth

Country

United Kingdom

Status

2020 - Active

The Client

A UK-based financial start-up aimed to disrupt the market by launching a digital bank and a financial planning app.

Tech Stack

Team Involved

Back-End Developer

UI/UX Designer

QA Engineer

DevOps developer

Challenge

The challenge was to balance cost-effectiveness while adhering to high standards of security, scalability, and reliability. Additionally, the goal was to develop an intelligent decision engine with multiple modules to facilitate customers’ financial planning processes.

Solution

To address the challenges, the following solution was implemented:

Collaborative Conceptualization

Our collaborative efforts with the client involved conceptualizing and expertly developing the initial user journeys, ensuring a highly tailored approach to meet their unique needs effectively.

Intelligent Decision Engine Modules

Multiple modules were developed for the intelligent decision engine, including: 1. Net-Income & Segmentation 2. I&E 3. Net Wealth 4. Goals Recommendation 5. Financial Projections & Financial Planning 6. Next Best Action. These modules facilitated customers’ financial planning processes.

Serverless Microservices Architecture

To ensure cost-effectiveness, robustness, and scalability, a serverless microservices architecture was implemented, leveraging native AWS services. This design approach minimized infrastructure costs while maintaining high scalability and reliability.

Asset Management and Visualization

Our team led the end-to-end backend and frontend development process, including the creation of native mobile apps. This comprehensive involvement ensured every aspect of the solution was tailored to the client’s unique needs.

Impact

The solution implemented had a far-reaching and multifaceted impact across various aspects of the organization.

Scalable and Cost-Effective Application

The serverless microservices design provided a highly scalable, reliable, and cost-effective application. The use of native AWS services minimized infrastructure costs while ensuring the ability to scale as the start-up expanded.

Robust IT and Cloud Security Framework

The solid IT and cloud security framework guaranteed the security of the digital bank and financial planning app as it expanded its customer base. Compliance with security standards and industry best practices was maintained.

Successful Delivery and Ongoing Development

The successful delivery of Phase 1 and the upcoming release of Phase 2, which includes the development of the intelligent decision engine, demonstrated our team’s capability and commitment. Ongoing development for Phase 3 continued to evolve the digital banking and financial planning platform.

End-To-End Development – Pennyworth

Client

Pennyworth

Country

United Kingdom

Status

2020 - Active

The Client

Tech Stack

Team Involved

Challenge

Solution

Collaborative Conceptualization

Intelligent Decision Engine Modules

Serverless Microservices Architecture

Asset Management and Visualization

Impact

Scalable and Cost-Effective Application

Robust IT and Cloud Security Framework

Successful Delivery and Ongoing Development

End-To-End Development – Pennyworth

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