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Enterprise Staff Augmentation for Fintech Platform Development
  1. case
  2. Enterprise Staff Augmentation for Fintech Platform Development

Enterprise Staff Augmentation for Fintech Platform Development

happyteam.io
Financial services
Information technology

Identifying Core Challenges in Accelerating Fintech Platform Development

The client faces tight project timelines for enhancing their fintech platform, which provides seamless access to banking products for corporate clients. There is a need for rapid staff augmentation to integrate senior developers who can quickly adapt to existing workflows, understand complex business requirements, and develop new functionalities, including external system integrations and data import features, while maintaining high-quality standards amidst resource constraints.

About the Client

A growing fintech company specializing in automating banking processes for corporate clients, needing rapid team expansion to meet project deadlines and develop new platform features.

Key Goals for Accelerated Fintech Platform Enhancement

  • Achieve 100% seamless integration of new development team members into ongoing projects.
  • Enable faster project kickoffs with experienced developers capable of quick onboarding.
  • Support the development and deployment of new platform features aligned with UX/UI designs and business needs.
  • Implement integrations with external accounting systems such as XERO and QuickBooks.
  • Develop functionalities for importing data from external sources.
  • Perform bug fixes and code refactoring to improve system stability and maintainability.

Core Functional and Technical Requirements for Fintech Platform Enhancement

  • Rapid onboarding capabilities for external senior developers with experience in an Agile environment.
  • Development of new functionalities based on UX/UI design specifications and detailed business analysis.
  • Integration modules with third-party accounting systems such as XERO and QuickBooks.
  • Data import functionalities from external sources for financial and client data.
  • Role-based permission management to support diverse user roles including accountants, entrepreneurs, and bank consultants.
  • Support for multiple user access levels and detailed activity tracking to ensure operational security and compliance.
  • Continuous bug fixing, code refactoring, and performance optimization.

Recommended Technologies and Architectural Approaches

.NET framework, EF Core (Entity Framework Core), MediatR, xUnit, NSwag, Web API, SQL Server
Angular, RxJS, TypeScript

External System Integrations Specifications

  • Banking API systems for financial data retrieval
  • Accounting platforms such as XERO and QuickBooks for client data synchronization
  • Other external financial data sources as required

Critical Non-Functional Requirements for System Performance and Security

  • High system reliability and availability to support critical financial operations
  • Scalability to accommodate growth in client base and transaction volume
  • Robust security protocols to protect sensitive financial and client data
  • Performance benchmarks to ensure responsive user experience, e.g., system responses within 2 seconds for key operations
  • Compliance with industry standards for data security and privacy.

Projected Business Impact of the Fintech Platform Enhancement

The project aims to enable rapid deployment of new features and external integrations, leading to faster time-to-market for platform enhancements. Expected results include seamless onboarding of development staff, improved system stability, and enhanced user experience. This will support the client in maintaining competitive advantage, increasing operational efficiency, and handling higher transaction volumes with minimal disruptions.

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