endorsedOngoing

Loan Workflow Platform Development for UdenomBanken

Services Covered:

Custom Software Development • Application Integration

Industry

Software Development

Duration

139 months

Budget

Confidential

Start Date

1 January 2015

Team Size

1-5 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

78/100

Good

Project Capability Score (PCS) estimates how capable Classic Informatics 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

UdenomBanken

Denmark

Project Summary

Classic Informatics developed a loan workflow platform for UdenomBanken, handling customer outreach through contract finalization, and implemented automations and Java integrations. The vendor delivered cost-effective development, maintained a stable three-person core team across multiple years, and remains an ongoing partner.

Key Challenges

Build the first version of the website and platform
Automate small operational workflows
Create an application to manage end-to-end loan workflows from inquiry to contract completion

Project Deliverables

Web platform for loan workflows
Automations for small workflows
Java-based integrations

Project Solution

Classic Informatics developed the client's platform using PHP and implemented integrations that required Java. They assigned three core developers to the engagement and supplemented the team with additional resources during peak periods. Communication was handled via Basecamp and Skype, and the engagement began through Upwork.

Project Outcome

Achieved significant progress and product maturity at a much lower cost than local/nearshore alternatives
Maintained the same three-person development team across a three-year collaboration
Delivered a viable loan workflow product with integrations and automations

Platforms

Tech Stack

Java

Client Endorsement

Overall Review Rating

4.63

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Working with Classic Informatics costs dramatically less than what it would be if a local or nearshore company were hired. Additionally, their quality is great and they’ve kept the same development team in place over a three-year collaboration. They could improve on suggesting new solutions, though.”
Soren Scheibye
Co-Founder
Date: 03/22/2018