Development of an Automated Investment Recommendation Platform for Financial Advisory Services

The client currently relies on a complex and error-prone manual system using spreadsheets to manage an expanding client base and investment strategies. As the business grows, this system leads to delayed recommendations, inefficient workflow, and increased operational risk, impeding timely and personalized client service.

A mid-sized financial advisory firm seeking to modernize its client onboarding, portfolio analysis, and recommendation processes through a scalable, secure web-based platform.

• Implement a secure, scalable web-based platform for client onboarding and verification to ensure accurate identity validation.
• Integrate with financial data aggregation services to enable real-time synchronization of client financial accounts and portfolios.
• Develop advanced algorithms capable of analyzing client financial data and generating personalized, data-driven investment recommendations.
• Automate the creation of professional, tamper-proof recommendation reports in PDF format for client review and approval.
• Integrate electronic signature functionalities to facilitate swift client approvals via digital signing.
• Provide comprehensive reporting tools for portfolio summaries, tax implications, and transaction history to support informed decision-making.
• Design modular, secure APIs that allow external financial entities and partners to embed core functionalities and extend platform reach.
• Ensure high performance and scalability to support a large user base, with load handling capability for at least 20,000 concurrent users.

• Digital identity verification for new users with high accuracy and reliability.
• Integration with financial data services (e.g., account aggregation APIs) for fetching real-time user financial data.
• Algorithmic engine analyzing user profiles and portfolios to produce tailored investment recommendations.
• Automated generation of detailed, professional PDF recommendation reports that are tamper-proof.
• Integration with digital signing services to facilitate fast client approvals.
• Visualization and reporting dashboards for portfolio status, tax analysis, and compliance monitoring.
• Modular APIs designed for external embedding, supporting customized use cases across multiple financial institutions.
• Robust security protocols including encryption and tokenization to safeguard sensitive data and compliance requirements.

• Financial account aggregation API (such as Plaid) for real-time data synchronization
• Digital signature API (such as DocuSign) for seamless client approvals
• RESTful APIs for modular external embedding and extension

• Support for at least 20,000 concurrent users with load balancing and load distribution
• Faster report generation reducing manual effort by at least 50%
• 99.9% system uptime and high availability
• Robust security including advanced encryption, tokenization, and secure authentication methods
• Scalable architecture capable of doubling capacity without performance loss

The implementation of this automated investment recommendation platform is expected to significantly enhance operational efficiency by reducing manual workload and delays. It aims to support large user volumes with high performance and security, enabling faster decision-making, shortening client onboarding and approval cycles by up to 80%, and creating new revenue streams through modular API offerings. Overall, the project will modernize the client’s advisory process, improve client satisfaction, and position the firm for expanded growth in the financial technology space.