endorsedOngoing

Offshore Development for Financial Management Platform

Services Covered:

Custom Software Development

Industry

Financial Services

Duration

127 months

Budget

50K - 199K

Start Date

1 January 2016

Team Size

6-10 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

75/100

Good

Project Capability Score (PCS) estimates how capable Sombra 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

WISER Investments

Toronto, Canada

Project Summary

Sombra provided offshore development resources to build and support a fintech company's financial management platform, growing the product from concept to a multi-million dollar revenue-generating business. The vendor coordinated with the client's internal team, supplied up to about ten developers, and delivered iterative implementation using AngularJS on the frontend and Spring on the backend while meeting aggressive timelines.

Key Challenges

Need for offshore development resources to implement and scale the platform.
Need to scale from proof-of-concept work to a full product relationship with a large financial customer.

Project Deliverables

Development resources (1–10 concurrent developers)
Frontend implementation (AngularJS)
Backend implementation (Spring Framework)
Design and iterative implementation support

Project Solution

Sombra acted as an offshore implementation partner, coordinating with the client's internal team who retained architecture and design responsibility while Sombra handled implementation, coding, and design tasks. The engagement scaled from 1–2 part-time developers to nearly 10 concurrent resources and included frontend work in AngularJS and backend work using the Spring Framework. The team participated in iterative development cycles and responded to feedback to deliver relevant resources for scoped work.

Project Outcome

Grew the client's organization to around CAD $3 million (USD $2.3 million) in revenue.
Met aggressive timelines and supported peak workloads of 70–80 hours per week.
Delivered high-quality product and sustained engagement, contributing to successful demos and customer adoption.

Platforms

Tech Stack

AngularJS
Spring

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“The investment Sombra has made to deliver high-quality product on aggressive timelines is impressive. They continue to demonstrate high interest in the project and its success.”
Anonymous
CEO
Date: 02/22/2017