Custom Software for End-to-End Loan Management Automation

Industry

BFSI, Lending

Technologies

.NET, Angular.js, Azure

About

The Client is a reputable financial services company with 50+ offices across the US. The company provides consumer loans, including personal loans for bad credit, and offers flexible repayment plans tailored to individual financial needs.

Challenge

The Client relied on the out-of-the box on-premises loan management software to centralize customer and financial data, automate lending and borrowing processes, and control loan repayment. The software didnt provide a full scope of necessary functionality and couldnt be efficiently customized to the Client s specific loan management needs. Also, the prebuilt tool failed to smoothly integrate with the Client s corporate software and essential external systems. So, the Client decided to invest in creating their own loan management system that would be fully tailored to their unique business requirements.

Solution

Owing to VolgoTechnologies 17 years of experience in building software for financial services companies, the Client turned to us for the end-to-end custom loan management software development. After examining the Client s needs, VolgoTechnologies business analyst elicited detailed requirements for the loan management system. Based on the collected requirements, our solution architect elaborated an optimal architecture, feature set, and implementation tech stack for the software. This laid the basis for estimating the resources required to complete the project, as well as planning the project deliverables, budget, and schedule.

To meet the expected project timelines, VolgoTechnologies provided the Client with a full-scale development team that consisted of a project manager, a business analyst, three full-stack, two front-end, and two back-end developers, as well as manual and automated testing engineers. We composed a team of senior- and lead-level talents proficient in lending software development to balance the project budget and ensure the topflight quality of the loan management solution.

Staging

Data Ware House

Data Ware House

Desktop Application

Results

As of August 2022, VolgoTechnologies has been collaborating with the Client for about two years. During this time, the Client got a comprehensive loan management solution built from scratch according to their specific business requirements. VolgoTechnologies expert advice on the optimal software architecture, functionality, and tech stack, as well as a reasonable approach to resource management, helped the Client optimize the project budget while ensuring the high quality of the solution.

Technologies and Tools

.NET Core, Angular, TypeScript, Bootstrap, Microsoft Azure Cloud, Azure DevOps Services, Docker, Selenium, Locust.