Businesses and enterprises are constantly working on making the best and perfect changes to stand out in the market. Application Programming Interfaces (APIs) are implemented to reach the goals that the organizations have already set. APIs can help a lot in the advanced approach of marketing. APIs are mandatory for every business now that wants to bring innovation. APIs are used for communication with other institutions, and as a result, they can access, extract and interact
A software development team consists of IT developers who have complete development knowledge. It is vitally important that if you are interested in outsourcing, you find experienced developers that understand your business. The finance world is very complicated, trying to explain the simplist of development tasks to in-experienced developers is only guaranteed to waste your time and money not matter how amazing they are at software development. It is not wrong to say that on
Every company that grows need the best system and tools for running and functioning correctly. Many companies are now diving into advanced analytics, new technologies and automated systems. But if the company does not have a proper system for managing the database, it may fall into a big crisis. Data warehousing as it is one of the most sustainable tools for analysis, reporting and recording data from multiple sources like 3rd party systems, user Excel sheets, data files, wor
When it comes to Financial Crime Compliance (FCC), customer due diligence (CDD) is one of the most important and complex parts of the KYC (Know Your Customer). What is Customer Due Diligence? Financial institutions use a series of processes for collecting and evaluating specific information about customers; this relevant information is known as Customer Due Diligence. CDD aims to uncover the potential risks that the business is facing or may face in the future. Information ab
Digitalizing your business is important if you want to grow it and get effective outcomes. The major thing in any financial business understanding what you own and how much it is worth, therefore your assets need to be priced on a daily basis. Owning a lot of assets and understanding their price is essential and no mean feat if you are to manually do this on a daily basis. Automating the daily prices in your back end systems for keeping your portfolio up-to-date is essential.
Do you find your team spending a lot of time using the computer and going through different data sources, hours on end in Excel sellotaping data and data sheets together in the hope of producing enough data in a report to show to the management team in order to ultimately sending them out to clients, then finding they have to do the same task again tomorrow? Checking and updating data, report it, check it, and upload it? Generating client reports can be challenging but automa
Rapid Application Development Methodology (RAD) is a software design methodology designed to check the software development methods. Through RAD, you can make the changes the way you want from the initial stage. Through the RAD approach, you can complete projects quicker with less resources. This methodology allows works with the planning phase being minimised and the development phase maximised. In reducing the planning time, the iterations during development will be more em