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Development of a Mortgage Comparison Platform with Dynamic Offer Management
  1. case
  2. Development of a Mortgage Comparison Platform with Dynamic Offer Management

Development of a Mortgage Comparison Platform with Dynamic Offer Management

magneticpoint.com
Financial services
Financial services

Identifying Challenges in Providing Accurate and Up-to-Date Mortgage Comparisons

The client requires a robust platform to accurately manage and display mortgage offers from multiple banks, ensuring data integrity, consistency, and timely updates to support informed customer decision-making. The existing solution faces difficulties in offering dynamic tools and managing extensive mortgage data efficiently.

About the Client

A large online financial services portal specializing in mortgage education, comparison tools, and client lead generation.

Goals for Developing an Advanced Mortgage Comparison and Management System

  • Implement a comprehensive module to manage mortgage offers from various financial institutions, allowing continuous updates and parameter management.
  • Develop an intuitive content management system (CMS) to handle articles, educational tutorials, and mortgage knowledge bases.
  • Create responsive mortgage calculation tools and online comparison calculators to enhance user engagement.
  • Achieve measurable growth in portal traffic and lead conversion, aiming for a 100% increase in monthly visits and significant lead generation improvements.
  • Ensure SEO optimization and seamless integration of the platform with external marketing and analytics tools.

Functional System Requirements for Mortgage Offer Management and User Engagement

  • Mortgage offer modules that handle parameters from different banking institutions with easy update capabilities.
  • A content management system (CMS) for articles, tutorials, and educational resources.
  • Mortgage calculators and online comparison tools with real-time data updating.
  • SEO-friendly architecture to boost visibility and organic traffic.
  • User interface designed with UX/UI best practices for improved engagement and navigation.

Preferred Technologies and Infrastructure for the Platform

Custom CMS
PHP
Zend framework
HTML5
CSS3
JavaScript
MySQL

External Systems and Data Integrations Needed

  • Mortgage offer data feeds from banking systems
  • SEO and marketing analytics tools
  • Content delivery networks (CDNs) for performance optimization

Key Non-Functional System Requirements

  • Scalability to handle increased traffic, targeting up to 60,000 visits per month.
  • High performance for real-time calculations and data updates.
  • Security measures to protect sensitive financial data and user information.
  • Reliable uptime and minimal downtime for critical modules.
  • Maintainability and ease of updates for mortgage data and content.

Projected Business Outcomes from the Mortgage Platform Development

The platform is expected to double website traffic, reaching approximately 60,000 visits per month, and generate around 50 quality leads per month at its peak. These improvements will significantly enhance user engagement, data accuracy, and lead conversion, positioning the client as a leading authority in mortgage comparison services.

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