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Compliance & Transaction-Reporting APIs for Wolters Kluwer

Services Covered:

API Development • Custom Software Development
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Industry
Industry

Information Technology

Duration
Duration

48 months

Budget
Budget

Confidential

Start Date
Start Date

1 January 2011

Team Size
Team Size

11-15

Engagement Model
Engagement Model

Offshore

Project Capability Score (PCS)

gauge meter
74/100
Good

Project Capability Score (PCS) estimates how capable Dynamic Solution Innovators Ltd. 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

Wolters Kluwer

mapWaltham, United States of America

Project Summary

Dynamic Solution Innovators (DSi) developed a compliance solution including a compliance tool, a currency transaction reporting app, and a risk profiling app for Wolters Kluwer. They used Spring Batch to process large volumes of data efficiently, implemented logic to flag specific transaction types, and compiled QA and user feedback to improve software performance. The team was proactive and adaptive, delivering a more capable product despite some timeline extensions due to expanded scope.

Key Challenges

  • Develop a compliance tool for financial institutions in accordance with US federal laws and client requirements
  • Develop a currency transaction reporting application based on logic
  • Engineer logic to flag specific types of transactions
  • Develop a risk profiling application

Project Deliverables

  • Compliance tool aligned with US federal laws
  • Currency transaction reporting application with logic-based flagging for suspicious transactions
  • Risk profiling application
  • QA and user-feedback compilation and assessment to improve software performance

Project Solution

DSi developed a comprehensive compliance solution from proof of concept to deployment. Deliverables included a compliance tool aligned with US federal laws, a currency transaction reporting application with logic-based flagging for suspicious transactions, and a risk profiling application. They also compiled and assessed QA and user feedback to iterate and improve software performance, leveraging Spring Batch to process large datasets efficiently.

Project Outcome

  • Processed large volumes of data efficiently using Spring Batch
  • Implemented logic to correctly flag specific types of transactions
  • Delivered an improved product despite schedule impacts from expanded scope

Platforms

  • API/Integration PlatformAPI/Integration Platform

Tech Stack

  • SpringSpring

Client Endorsement

Overall Review Rating

4.75star

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Dynamic Solution Innovators (DSi) used Spring Batch to process a huge amount of data quickly and efficiently. They also developed a logic that flagged specific transaction types. Moreover, the team was proactive in suggesting innovative ideas that helped the app achieve its goals.”

Parvez Bhuiyan

Lead Application & Product Architect

Note: This endorsement is based on publicly available client feedback from external review sources.

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