Finance planning platform
Neosurge
Assisted services enabled investment app for mutual funds and gold. The platform has both app and website using which their customers can easily invest and keep track of their investments
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Neosurge
Finance
India
Neosurge
Case Study
Neosurge, is an Eco System for the mutual funds investments. This system helps the investors to self serve, from each and every step including from onboarding, KYC, Risk Profiling, Goal Management, Portfolio Suggestion to the investor , Analysis, SIP, STP, Switch In/out , e-mandate and other payment options. It also provides assisted services through which users can invest based on the research done by neosurge team.
Overview
and plan ahead
The client wanted to build an ecosystem, where the entire system had to be automated as much as possible, so that their customers would do mutual fund and gold transactions without much of hasstle. They also wanted to build an assisted services for first time investors.
The challenging part was to design a sleek interface for his requirement, and to fetch required data from various vendors like BSE to be displayed in the app with several calculations and formulas.
Our prized possession:
the tech stack
We are absolutely obsessed of all things digital! Since we have a large number of micro-services at our disposal, we will be able to provide quick solutions to our customers. We are innovators in our field, and we say that with pride and confidence in our team!
Solution and steps taken
Our team brainstormed with the client on multiple sessions and came up with an amazing solution for the platform, and below are few modules
Customer Onboarding
User onboarding entails a variety of tasks, including assessing potential customers, ensuring credit process adherence, ensuring legal agreements, creating a new account, and making the customer in accordance with the bank's market strategy and government regulations.
ekyc
The method of electronically checking a customer's credentials is known as paperless KYC. It's a method of digitally verifying information.
Risk Profiling
Professional advisers use risk profiling to help assess the best degree of investment risk for their customers. Risk profiling is used to determine a client's required return (and therefore risk) in order to achieve their investment goals, as well as their risk potential and risk tolerance.
Goal Management
Rather than relying on achieving the best possible portfolio yield or beating the index, the client tests his customers' success against basic life goals, such as investing toward children's college or creating a retirement nest-egg.
Analytics
We built portfolio analysis which is one of the facets of wealth management that allows market investors to assess and measure a portfolio's output.
e-Mandate Integration
We integrated e-Mandate payment software. It provides the infrastructure for companies in India to receive recurring payments.
Gold Investments
We integrated APIs for neosurge to invest in gold both through lumpsum and SIP.
Assisted Services
Custom algorithms for assisted services were implemented according to neosurge's requirements for first time investors
Results and
Conclusion
When the client came to us with an idea, It was challenging for us to guide him on design and technology part becasue we had to brainstorm several times with the client and come up with a solution. We built a user friendly interface for the mobile app and connected several API's with the app and the backend database
This is an ongoing project and we are adding new modules and functionalities to the platform, which help's our client to carry on his business in a smooth and efficient way!
Success stories
It’s not a success if there’s only one winner
We have worked relentlessly to step up our game and enter the competitive realm, and the benefit was never ours alone. Our success stories are comprised of our clients’ success stories, and that’s something we massively cherish.
Edelweiss - Finsens
Finance planning mobile app
Finsens is a financial tracking and planning app by Edelweiss. it uses specific algorithms to suggest the mutual funds where you need to invest in order to achieve your financial goals.
