Menu

Uncategorized

Crowdfunding

Crowdfunding

THE CHALLENGE

  • Our client wanted to develop a crowdfunding platform to connect entrepreneurs with investors and find a new way to generate capital
  • They reached out to Oves Enterprise as they were not sure about the development approach, the technology stack, functionality, elements to implement, and platform design
  • The client decided to go for a custom crowdfunding software development that will give their business the highest flexibility and scalability since it is made according to their specific project needs
  • They also realized that hiring a team of pro software engineers who know the nuances of custom crowd investing website development helps eliminate any possible risks and get a future-proof solution

THE SOLUTION & IMPACT

  • Our development team has helped the client to pick their specific niche in order to separate their projects from others and nourish value to their fundraisers and backers – Gathering creators and donors interested in one genre helps get more recognition from like-minded users
  • The application facilitated the entire process, from project submission and due diligence to funding and communication between stakeholders
  • It also monitored suspicious moves, confirmed profiles, and block users who can’t meet platform regulations
  • Additionally, the team built advanced features and special services that could be acquired by users separately
  • The platform opened new business opportunities for our client and provided high return in the long term

Crowdfunding

  • THE CHALLENGE
    • Our client wanted to develop a crowdfunding platform to connect entrepreneurs with investors and find a new way to generate capital
    • They reached out to Oves Enterprise as they were not sure about the development approach, the technology stack, functionality, elements to implement, and platform design
    • The client decided to go for a custom crowdfunding software development that will give their business the highest flexibility and scalability since it is made according to their specific project needs
    • They also realized that hiring a team of pro software engineers who know the nuances of custom crowd investing website development helps eliminate any possible risks and get a future-proof solution

Financial Education Platform

Financial Education Platform

THE CHALLENGE

  • Our client wanted help to build an application that provides users with financial education resources, such as tutorials, articles, and interactive tools.
  • The purpose of this application was to help users improve their financial literacy, make better financial decisions, and achieve their financial goals
  • The client also realized that many young people fall into a credit trap, they do not know how to manage their financial resources; This helped them identify a gap in the market for financial personalized guidance including features like individual plan for financial management, weak points analysis of the things in the current situation, pieces of advice to adjust financial performance in the future, etc.
  • They also wanted to ensure that they partner with a third party that will support to implement the latest technologies that will help provide high-end security measure and avoid any type of fraud or theft

THE SOLUTION & IMPACT

  • Our UX and development teams worked closely with the client to identify the target audience and ran a competitor analysis. They came to the conclusion that there are many resources on the Internet, but they don’t offer the most optimal solution for solving this problem
  • The first step in the beginning of the development of the application interface was the creation of lo-fi wireframes, which helped to understand the initial structure of the application. The next step was to develop high fidelity wireframes to focus more on the application experience
  • The development team created the back end and MVP while working with the UX team on the main design including start screen, topics, lessons and tests. Additionally, they built a statistics functionality which allows users to see their progress in comparison with others

Financial Education Platform

  • THE CHALLENGE
    • Our client wanted help to build an application that provides users with financial education resources, such as tutorials, articles, and interactive tools.
    • The purpose of this application was to help users improve their financial literacy, make better financial decisions, and achieve their financial goals
    • The client also realized that many young people fall into a credit trap, they do not know how to manage their financial resources; This helped them identify a gap in the market for financial personalized guidance including features like individual plan for financial management, weak points analysis of the things in the current situation, pieces of advice to adjust financial performance in the future, etc.
    • They also wanted to ensure that they partner with a third party that will support to implement the latest technologies that will help provide high-end security measure and avoid any type of fraud or theft

Insurance Management

Insurance Management

THE CHALLENGE

  • Acknowledging the urgency to undertake a digital transformation, our client wanted our help to create an application that allows users to manage their insurance policies, compare quotes from different providers, and purchase or renew policies conveniently
  • The visions was to create an app that would include features like filing claims, tracking claim status, and accessing policy documents
  • The client faced many challenges with their systems, customisation, connecting and automating data and seeing insights in a timely manner

THE SOLUTION & IMPACT

  • Our development team has started with a current state analysis, followed by a POC to test the accuracy of the data available including customer personal details, policy details, third party data, etc.
  • Once the POC was tested, they started to work progressively on adding the features requested, ensuring legal compliance and data privacy and security
  • The app was launched successfully and help our client achieve their goal and gain competitive advantage
    Tech stack used: React.js & Node.js (Web+Mobile)

Impact:

  • Customisation
  • Instant interaction
  • Easy management
  • Greater data insights
  • Improved customer experience

Insurance Management

  • THE CHALLENGE
    • Acknowledging the urgency to undertake a digital transformation, our client wanted our help to create an application that allows users to manage their insurance policies, compare quotes from different providers, and purchase or renew policies conveniently
    • The visions was to create an app that would include features like filing claims, tracking claim status, and accessing policy documents
    • The client faced many challenges with their systems, customisation, connecting and automating data and seeing insights in a timely manner

Investment platform

Build an Investment platform with Robo-Advisors

THE CHALLENGE

  • Our client wanted to design an investment platform with robo-advisors that provide automated, algorithm-based portfolio management for users
  • Their vision was to offer personalized investment recommendations based on users’ risk profiles, financial goals, and investment horizons
  • The client also realized that this solution would help automate time-consuming tasks such as portfolio rebalancing, tax-loss harvesting, and reporting. In this case, the platform could be more cost-effective than traditional financial advisors, not to mention their scalability accommodating a growing client base

THE SOLUTION & IMPACT

  • Our development team helped build an automated investment platform that uses algorithms to manage investment portfolios
  • It was mainly powered by artificial intelligence and machine learning, training many models over time

How did it work?

  • The investor provides necessary data (investment goals, the risks they are comfortable with, and other relevant information)
  • The algorithm creates a personalized investment portfolio that’s designed to meet the investors’ specific needs based on the data they previously provided
  • The model gets trained overtime, it keeps an eye on the investments and makes adjustments as necessary to maintain the desired level of risk and return

Build an Investment platform with Robo-Advisors

  • THE CHALLENGE
    • Our client wanted to design an investment platform with robo-advisors that provide automated, algorithm-based portfolio management for users
    • Their vision was to offer personalized investment recommendations based on users’ risk profiles, financial goals, and investment horizons
    • The client also realized that this solution would help automate time-consuming tasks such as portfolio rebalancing, tax-loss harvesting, and reporting. In this case, the platform could be more cost-effective than traditional financial advisors, not to mention their scalability accommodating a growing client base

Reporting Platform

Building a Reporting Platform

THE CHALLENGE

  • Our client needed help with designing a reporting solution that helps meet regulatory compliance requirements, such as anti-money laundering (AML), know your customer (KYC), and data protection regulations
  • They needed help to review their data governance and data policies and the vision was to build a best-in-class, enterprise platform that would enable their business units to deliver their projects effectively having access to clean data and personalized reports
  • The executive team needed to have an easier access to important KPIs and report in order to be able to draw insights from it and make business decisions

THE SOLUTION & IMPACT

  • Our development team helped automate the process of gathering and analyzing data, generating reports, and submitting them to relevant authorities
  • After noticing significant benefits, it has now rolled it out for a wide range of departments and included additional regulatory compliance programs

Impact

  • Improved data policies and data governance
  • Improved cross-team collaboration
  • Faster decision making and traceability
  • Automation of reports

Building a Reporting Platform

  • THE CHALLENGE
    • Our client needed help with designing a reporting solution that helps meet regulatory compliance requirements, such as anti-money laundering (AML), know your customer (KYC), and data protection regulations
    • They needed help to review their data governance and data policies and the vision was to build a best-in-class, enterprise platform that would enable their business units to deliver their projects effectively having access to clean data and personalized reports
    • The executive team needed to have an easier access to important KPIs and report in order to be able to draw insights from it and make business decisions
    •  

Banking Mobile App

Building a Banking Mobile App

THE CHALLENGE

  • The need for digital experiences in banking has been increasing as more people move away from physical banks
  • In order to achieve their mission, our client wanted to design & develop a mobile banking app & create an online user experience which mirrors the mobile app experience; they also wanted to create a roadmap of features across mobile, web, and voice in order to digitally transform their business
  • Our client did not have a mobile application and their website offered limited products options and functionalities
  • To gain competitive advantage, they identified a need to build the best-in-class website and mobile application in order to attract more customers and offer an impeccable digital experience

THE SOLUTION & IMPACT

  • Our team examined customer feedback and conducted focus groups; identified main functions of the app; created a design; built the code and tested it; and launched the app
  • Our developers applied best practices for the FinTech industry to develop both the mobile app and website
  • Through user testing it became clear that the new application design would speed up card management for customers, offering one of the most user-friendly financial platforms in the industry based on the top used features by consumers including: payments, cashback bonus, FICO score review, balance review, credit line increases, and reviewing / updating their profile information, taking into consideration high financial security standards

Building a Banking Mobile App

  • THE CHALLENGE
    • The need for digital experiences in banking has been increasing as more people move away from physical banks
    • In order to achieve their mission, our client wanted to design & develop a mobile banking app & create an online user experience which mirrors the mobile app experience; they also wanted to create a roadmap of features across mobile, web, and voice in order to digitally transform their business
    • Our client did not have a mobile application and their website offered limited products options and functionalities
    • To gain competitive advantage, they identified a need to build the best-in-class website and mobile application in order to attract more customers and offer an impeccable digital experience

Crypto Trading Platform

Building an MVP for Cryptocurrency Trading Platform

THE CHALLENGE

  • In order to achieve their mission, our client wanted to design & develop the best cryptocurrency trading platform that allows users to buy, sell, and trade various cryptocurrencies securely
  • They wanted to provide real-time market data, price charts, and trading tools to help users make informed decisions
  • The bank needed a well-integrated development team to bring their solution to the MVP phase successfully. At the same time, the team had to ensure that the MVP was stable enough to handle financial operations without any problems
  • The client also required consulting services regarding the strategic development and technology stack to use in order to allow scaling in the future.
  • We started by extending our client’s team with one software engineer. The company was satisfied with our work and asked us to expand the team

THE SOLUTION & IMPACT

  • Our development team was in charge of the entire development process and built the platform from scratch
  • The entire application (front-end, back-end, and infrastructure) was written in NodeJS. Our front-end stack included technologies such as: React, Redux, and Material UI. Its back-end was based on the model of services run on the ECS cluster (Amazon Web Services)
  • Main impact:
    • Timely development of the MVP
    • Continual improvement of the solution’s performance and stability
    • Successful ongoing cooperation with our dedicated team

Building an MVP for Cryptocurrency Trading Platform

  • THE CHALLENGE
    • In order to achieve their mission, our client wanted to design & develop the best cryptocurrency trading platform that allows users to buy, sell, and trade various cryptocurrencies securely
    • They wanted to provide real-time market data, price charts, and trading tools to help users make informed decisions
    • The bank needed a well-integrated development team to bring their solution to the MVP phase successfully. At the same time, the team had to ensure that the MVP was stable enough to handle financial operations without any problems
    • The client also required consulting services regarding the strategic development and technology stack to use in order to allow scaling in the future.
    • We started by extending our client’s team with one software engineer. The company was satisfied with our work and asked us to expand the team
    •  

Credit Score Monitoring

Credit Score Monitoring

THE CHALLENGE

  • The client has as a main goal to simplify their research purposes and have system where they can check a potential borrower’s financial history
  • They understood that it is complicated to calculate this manually, so the easiest way to determine creditworthiness was to have a software program that automates it, saving them and their clients a significant amount of time during the application process
  • They also identified various purposes for the built of the app: aid lenders in making swift and precise decisions regarding the acceptance or denial of loan applications, and help determine the interest rates that should be charged. This made it a crucial tool for lenders to evaluate any potential risks of a loan application and allows them to make well-informed decisions
  • At the same time, they wanted to provide users with access to their credit scores, credit reports, and monitoring services

THE SOLUTION & IMPACT

  • Our development team used a complex algorithm that considers several different financial factors. It then uses those results to calculate and present a final number, the credit score. This number will determine whether or not the loan will be granted
  • They used multiple data sources, including payment history, credit utilization, credit mix, length of credit history , new inquiries, employment history, and other financial information to generate the borrower’s score
  • The team also built a feature that offered personalized tips and resources for improving credit scores and maintaining good credit health
  • Main benefits: increased efficiency and accuracy; reduction of bias and human error in credit assessment & ability to process large volumes of data and make faster decisions

Credit Score Monitoring

  • THE CHALLENGE
    • The client has as a main goal to simplify their research purposes and have system where they can check a potential borrower’s financial history
    • They understood that it is complicated to calculate this manually, so the easiest way to determine creditworthiness was to have a software program that automates it, saving them and their clients a significant amount of time during the application process
    • They also identified various purposes for the built of the app: aid lenders in making swift and precise decisions regarding the acceptance or denial of loan applications, and help determine the interest rates that should be charged. This made it a crucial tool for lenders to evaluate any potential risks of a loan application and allows them to make well-informed decisions
    • At the same time, they wanted to provide users with access to their credit scores, credit reports, and monitoring services

#1 physician app

Improve engagement, revenue, and monthly active users for the #1 physician app in the world with over 2 million users.

CLIENT DESCRIPTION

  • Our client was a private American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States.

Their main objectives were to:

  • Further monetize the application
  • Improve the user experience
  • Increase engagement
  • Increase revenue
  • Improve monthly active users

THE CHALLENGE

  • Year over Year revenue decline for their application across ads & surveys [top two revenue driving sources]
  • Doctors were less engaged with the app, and the trend was getting worse
  • Pharma advertisers were not seeing a strong ROI on their ad dollars
  • Tracking & Analytics within the mobile application was limited & incorrect including a lack of tracking of behaviours, KPIs, and more
  • Without proper tracking, it would be impossible to determine the root causes of the declining revenue problem

THE SOLUTION & IMPACT

  • Defined and executed new features and functionalities to improve the performance of the app across key metrics
  • Completed analytics audit of the Epocrates application, analytics implementation, A/B testing, and spreading the culture of analytics
  • We took their app to the 21st Century: redesigned the app and added new functionalities such as: Epocrates news, Survey Experience, Best in class analytics and A/B testing, services-based architecture for an iterative development process

Relevant impact

  • 40% increase in user engagement (compared with forecast)
  • 140% increase in revenue in year 1
  • 36% increase in surveys taken by doctors, improving monetization of the 2M+ doctors on the app
  • The App News increased the number of daily visits and user engagement

Improve engagement, revenue, and monthly active users for the #1 physician app in the world with over 2 million users.

  • CLIENT DESCRIPTION

    Our client was a private American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States.

    Their main objectives were to:
    Further monetize the application

    Improve the user experience

    Increase engagement

    Increase revenue

    Improve monthly active users

NextGen Digital Experience

Building NextGen Digital Experience for Website and Mobile App

CLIENT DESCRIPTION

  • The largest non-bank credit card company in the U.S

  • Their main mission to help their customers manage their credit responsibly, so they can enjoy the benefits of having better credit and better lives

  • In order to achieve their mission, our client wanted to: design & develop the best mobile banking app; create an online user experience which mirrors the mobile app experience; create a roadmap of features across mobile, web, and voice to digitally transform their business well beyond their competitors

THE CHALLENGE

  • The need for digital experiences in banking has been increasing as more people move away from physical banks

  • Our client did not have a mobile application and their website offered limited products options and functionalities

  • To gain competitive advantage, the client needed to build the best-in-class website and mobile application in order to attract more customer with an impeccable digital experience

THE SOLUTION & IMPACT

  • Our team examined customer feedback and conducted focus groups

  • Our consultants applied best practices for the FinTech industry to develop both the mobile app and website

  • Through user testing it became clear that the new application design would speed up card management for customers, offering one of the most user-friendly financial platforms in the industry based on the top used features by consumers including: payments, cashback bonus, FICO score review, balance review, credit line increases, and reviewing / updating their profile information, taking into consideration high financial security standards

IMPROVING PLATFORM & UX FOR PSA GROUP

  • CLIENT DESCRIPTION

    The largest non-bank credit card company in the U.S

    Their main mission to help their customers manage their credit responsibly, so they can enjoy the benefits of having better credit and better lives

    In order to achieve their mission, our client wanted to: design & develop the best mobile banking app; create an online user experience which mirrors the mobile app experience; create a roadmap of features across mobile, web, and voice to digitally transform their business well beyond their competitors

Load More

NextGen Digital Experience

Copyright © 2023 Oves Enterprise.

Headquarters

Eugen Ionesco, 109A 400357
Cluj-Napoca, Cluj, Romania

Toni-Berger-Straße 1681249, München, Germany

Damac XL TowerAl Abraj Street Business , Bay, Dubai

NextGen Digital Experience

Headquarters

Eugen Ionesco, 109A 400357
Cluj-Napoca, Cluj, Romania

Damac XL TowerAl Abraj Street
Business , Bay, Dubai

Toni-Berger-Straße 1681249,
München, Germany

Copyright © 2023 Oves Enterprise.