endorsedOngoing

Financial Control System for Online Trading Platform

Services Covered:

Custom Software Development

Industry

Financial Services

Duration

123 months

Budget

1M - 10M

Start Date

1 May 2016

Team Size

30+ Employees

Engagement Model

Offshore

Project Capability Score (PCS)

73/100

Good

Project Capability Score (PCS) estimates how capable Ardas is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Confidential

United Kingdom

Project Summary

Ardas developed an online trading platform's financial control system to replace an Excel-based backend and enable multi-level marketing and reseller networks. The system handles millions of transactions monthly and was built using Vue.js, Node.js, MongoDB, SQL Server and PHP. Since the engagement (soft release in February 2017) the product has driven company growth and received consistently positive customer feedback, with a reported 2,500% expansion and strong reliability metrics.

Key Challenges

Replace an Excel-based backend with a scalable system.
Enable multi-level marketing and create robust networks of resellers and clients.
Penetrate the Chinese market, requiring a particular set of technologies.

Project Deliverables

Financial control system that remunerates participants in each transaction
Backend services built with Node.js
Frontend components using PHP
Database architecture using MongoDB and SQL Server

Project Solution

Ardas developed a financial control system that remunerates all participants for individual transactions, built to process millions of transactions per month. They implemented the system using Vue.js on the frontend, Node.js for backend services, MongoDB and SQL Server for database architecture, and PHP for some frontend aspects. The vendor adjusted team size according to workload (reported to fluctuate between 10–40 people) and delivered the solution iteratively with sprint-based collaboration.

Project Outcome

The company grew 2,500% since the engagement.
95% of business transactions now originate from China.
Soft release in February 2017 with positive customer feedback.
Low error rate and reliable performance reported by the client.

Platforms

Tech Stack

Vue.js
Node.js
MongoDB
SQL
PHP

Client Endorsement

Overall Review Rating

4.75

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“The new system drove the expansion of the company, which has grown 2,500% since the engagement. The business has penetrated China, which now makes up 95% of all business transactions. Ardas’s product boasts a magnificently low error rate. Given clear communication, they're an excellent partner.”
Peter Karsten
Chief Product Officer
Date: 08/20/2019