Our client Silkroutech is a Fintech company aiming to simplify the Export-Import business. It saves tons of money & time for SME exporters & importers by providing a bouquet of services related to their domain. Smart solutions are at the core of this company.
The goal was to create a cloud-based, digitized SaaS Solution from scratch and to develop a User-friendly Mobile and Web App to facilitate the consumers to make better-informed trading investment decisions and seamless transactions.
The Mobile App developed offers a technical analysis of data, alerts, and more. The foreign exchange (fx) trade booking and fx-rate inquiry (live and offline markets) are also calculated, and future fx-rates for various currencies are also provided to subscribers. The robust system aims to reflect the Live-Market-Rate and various Bank Rates of each currency, where the user can compare and calculate their Profit or Loss on the transaction. Registered users can track the future rates of any currency, compare bank rates with live market rates, and assist their profit/loss on the transaction.
Providing real-time data during market hours
Integration with multiple systems
As many integrations were required to deliver different requirements for varied services, ensuring that they all worked seamlessly was complex.
Quick versions rollout
Diversified users need
Because of the diverse workforce, not all the employees had access to the desktop all the time. In Addition, some of the employees travel in the field and availability was out of question. The solution should cater to all types of users.
Micro Service Architecture
This approach facilitated the seamless integration and coordination between multiple systems.
The microservice architecture supported greater flexibility, scalability, and resiliency. This equipped the SaaS Solution to respond to and meet market demands while maintaining high-performance levels.
2 FACTOR Authentication (2FA)
As the app aims to cater to the users’ diverse needs, creating a ubiquitous mobile app was the best solution. This aligned quite well with the system’s advanced mobile features and requirements.
Cloud Implementation and Automation
The data and system were hosted on the cloud for proper automation support, as the client can scale resources whenever necessary. The uptime of the system or application is also up to 99.99%, which means practically no downtime for it.
OUTCOMES & RESULTS
Increase in Productivity
The SaaS Solution was successfully implemented with the web interface to the system. The iOS and Android version of the app was launched soon after. We delivered:
- A SaaS Platform, with Mobile and Web App interface to provide financial & non-financial solutions for Cross Border trade
- Real-time currency rates
- Market-linked Multi-currency order book
- Treasury management solution
- Proper management of data & seamless data access on the cloud
- Integrated abilities
- Efficient record capturing and analytics
- Transparent System
“Currencies are complex & integration of stakeholders on the tech platform is what the Silkroute team had in mind; starting from scratch Desuvit team built it brick by brick & made a successful running platform compatible with a variety of devices; they managed it & support it very well, The Platform is loved by users for its simplicity & security. We highly recommend Desuvit for building SaaS Solutions and mobile apps. They developed it using the Azure cloud, which helped us with scalability and performance. Thanks, Team Desuvit!”
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