Amongst the intricacies of the financial market, our client required a durable financial investment monitoring system. With a varied investment profile covering Mutual and Equity Funds, ETFs, FDs, Bonds, Debentures, PMS Schemes, Real Estate, and retirement funds for over 150,000 staff members, the organization required a transformative solution that was way beyond spreadsheets. Let’s understand how Prismberry experts tackled the investment management challenges innovatively
Annual Savings Delivered
Solutions Delivered
Satisfied Customers
Increase in Energy Efficiency
The company’s operations were based on complex spreadsheets. Relying on spreadsheets created other problems, like the company was unable to make quick and accurate analyses and mission-critical tasks. Here are the challenges faced by the organization
Manual and Time-Consuming Process
The organization's reliance on difficult spreadsheets and manual data raised the likelihood of mistakes, consumed time, and reduced its capacity to handle the considerable financial investment portfolio effectively
Private Intranet Hosting
Given the mission-critical nature of the duties, the company needed a service hosted on a private intranet with minimal exposure to the internet. This need included a layer of complexity in establishing a safe and secure system with real-time data updates
Absence of Data-Driven Decision-Making
The lack of an analytical and recommendation tool resulted in manual investment analysis that was based on individual prejudices. The company did not have a structured, data-driven technique for decision-making, and this minimized effectiveness.
Limited Contribution
It was not possible for multiple users to contribute in analysis or have real-time updated data.
Our team of experts rose to the challenges and developed a durable web application that had a variety of features
01. Asset Management
The system effectively took care of financial investments in Stocks, Mutual Funds, Bonds, Fixed Deposits, NPS, PMS, AIF, and much more
03. Multi-User Support
It presented a safe and multi-user system with fine-grained permissions to assist in collective decision-making while preserving data safety.
05. Cloud Agnosticism
This hosting-agnostic application effortlessly adjusted to internal or external cloud settings and offered adaptability and scalability.
02. Performance Monitoring
It executed tools to keep track of Actual Gain and Annualised Return (XIRR) for all assets and portfolios. It allowed real-time monitoring of investment performance.
04. Intranet Hosting
It ensured secure hosting on the private intranet and restricted exposure to the internet with improved data protection
06. Recommendation Tool
The introduction of a recommendation tool leveraging specifications such as XIRR and YTM helped with informed decision-making and boosted the negotiation procedure for selling financial instruments
01. Asset Management
The system effectively took care of financial investments in Stocks, Mutual Funds, Bonds, Fixed Deposits, NPS, PMS, AIF, and much more
02. Performance Monitoring
It executed tools to keep track of Actual Gain and Annualised Return (XIRR) for all assets and portfolios. It allowed real-time monitoring of investment performance.
03. Multi-User Support
It presented a safe and multi-user system with fine-grained permissions to assist in collective decision-making while preserving data safety.
04. Intranet Hosting
It ensured secure hosting on the private intranet and restricted exposure to the internet with improved data protection
05. Cloud Agnosticism
This hosting-agnostic application effortlessly adjusted to internal or external cloud settings and offered adaptability and scalability.
06. Recommendation Tool
The introduction of a recommendation tool leveraging specifications such as XIRR and YTM helped with informed decision-making and boosted the negotiation procedure for selling financial instruments
Results
The application of our strategic solution led to substantial favorable outcomes for the company
Automation and streamlining of procedures caused a 50% decrease in manual computations. The data is pulled from various sources, like AMFI, which boosts effectiveness and minimizes the risk of mistakes
in manual computations
The system made it possible for day-to-day tracking and saved historical data. It provided an important understanding of historical analysis and informed decision-making
tracking and saved historical data
Real-time ticker and fund price updates enabled real-time valuations. Similarly, prompt company action updates improved the company’s agility in responding to market changes.
valuations enabled
The system provided comprehensive performance insights and permitted the company to compare its portfolio performance with industry criteria and benchmarks.
performance insights
The flawless hosting flexibility to internal or external cloud settings resulted in zero hosting and licensing costs and maximized resource allotment.
hosting and licensing costs
The introduction of the recommendation tool encouraged the company to make more informed decisions while selling any financial instrument and enhanced negotiation outcomes.
negotiation outcomes
User management and permissions allow users to view only the data pertaining to their roles and responsibilities
user access management
