Web Application Development for the FinTech Industry
This FinTech web platform facilitates communications, enabling financial institutions to close deals on precious metals quickly and cost-efficiently. IT Craft works on the development of sought-after features and platform maintenance.
- Team 7 members
- Type Precious metals exchange platform
- Industry FinTech
- Platforms Web
About the project with Limpid Markets
IT Craft provides full-cycle FinTech software development services and platform maintenance to help the client meet the expectations of London and Zurich OTC interbank market participants.
Financial institutions can exchange indicative prices and information related to deals directly in real time, saving on brokerage commissions.
An ex-trader with deep expertise, the client had a fully functional, stable, up-and-running online marketplace that was growing in popularity. He focused on catering to high-profile users’ expectations from platform performance and available functionality.
The original project team switched from development to consultancy. As a result, the client required a new development team capable of maintaining and expanding the platform.
Client’s expectations
- complete a pilot task
- smoothly take over the project
- provide strong technical project management with regular status on project progress
- ensure fault tolerance and an exceptional security level
- produce software as perfectly as possible, ensuring that technical issues do not affect trade operations
- keep the platform 24/7/365 available for participants from all over the world
Tech Stack:
React
Redux
Symfony
Redis
Node.js
Express
Elixir
Docker
AWS
Ansible
Terraform
The IT Craft development team dived deeply into the details and delivered the pilot task. It demonstrated that the assigned experts could efficiently develop a web-based solution for high-profile users and ensure flawless maintenance.
IT Craft developers provided necessary tech expertise in web app technologies, helping with:
- ensuring seamless, real-time data synchronization across all time zones
- maintaining rapid system performance under high load
- developing sought-after functionality, such as customized order visibility and integrations for third-party banking APIs
- managing compliance with finance industry regulations
- carefully updating dependencies to eliminate risks of downtime
Results of the collaboration with Limpid Markets
The IT Craft development team established transparent processes and open communication with the client. The engagement resulted in:
- quick and efficient project transfer
- delivery of sought-after features under a tight deadline
- exceptional quality of the delivered source code backed by comprehensive testing
- meeting requirements to resilience, speed of operation, and accessibility
- automated synchronization of orders between the platform and users’ software systems
- increased user activity on the platform among members of LBMA, such as Morgan Stanley, BNP Paribas, Citibank, Deutsche Bank, and others
- client’s business growth of 40%