endorsedOngoing

Azure-based Real-time Funds Movement SaaS for Financial Institutions

Services Covered:

Custom Software Development

Industry

Financial Services

Duration

159 months

Budget

1M - 10M

Start Date

1 May 2013

Team Size

6-10 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

78/100

Good

Project Capability Score (PCS) estimates how capable Mono Software 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

New York City, United States of America

Project Summary

Mono developed an Azure-based, web-facing lending/funds-movement application for financial institutions and continues to support both in-house and client-facing projects. The partnership has been ongoing since May 2013 and the vendor provides development and PM resources. Customers have provided positive feedback, and the client praises Mono’s communication and collaborative approach.

Key Challenges

Need for web development and backend business logic for an Azure-based product
Aggressive timeline for project completion
Requirement to augment internal staff with an experienced partner

Project Deliverables

Web-based real-time funds movement application
Multitenant SaaS platform for financial institutions
Front-end and back-end development
Implementation based on the provided System Requirements Document (SRD)

Project Solution

Using a provided System Requirements Document (SRD), Mono completed most of the design and development work for an Azure-hosted, multitenant SaaS application that moves funds in real time for financial institutions. The vendor delivered front- and back-end functionality, implemented business logic for authorization flows, and provided an ongoing dedicated team (developers and a project manager) that collaborates directly with the client's engineers.

Project Outcome

Positive customer reviews for the software
Ongoing, long-term partnership and increased trust since initial delivery
Responsive communication and collaborative delivery leading to efficient project management

Platforms

SaaS

Tech Stack

Azure

Client Endorsement

Overall Review Rating

4.88

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Mono’s work elicits brilliant feedback from customers, which continues to strengthen trust in the partnership. The team is highly communicative, responding quickly to requests and providing valuable feedback and suggestions. They manage a transparent relationship with strong collaborative skills.”
Anonymous
CTO
Date: 10/09/2018