Investment Management Platform

Our back-end team of Ruby on Rails experts assessed the system’s integration with Backstop — a third-party service, used by the client’s outsourced accounting company. The company keeps investment-associated data and derived indices (e.g., TVPI, DPI, FMV) up-to-date and accessible to private investors through their portal accounts.

We discovered that the platform relied on a deprecated version of the Backstop API, which lacked certain interaction endpoints. We updated the system to the latest API version and rescheduled the daily data sync so that it took place early in the morning, to make the portal accessible during the day. 

To provide valuable and reliable information, the portal needs to accommodate data from multiple sources: partner capital and K-1 tax reports, contracts, invested holding and limited partners funds’ reports, and so on. This data must be securely stored and easily accessed by end users.   

The client suggested using Dropbox as a file hosting service. After conducting extensive research and looking into other options, the Itexus team agreed that Dropbox was a safe and extremely scalable solution. To reduce the laboriousness of uploading all of the client’s files  into the portal, the team implemented  Dropbox’s bulk upload tool. Each file is hosted on Amazon S3, from where it is routed to the relevant investor portal account. 

At the start of our project, the client’s files and folders were disorganized. The implementation of the bulk file uploader resulted in substantially reduced labor involvement and enabled investor portal users to access their files by pre-set categories.

The platform provides investors with the data critical for decision-making, like a holding company’s brief description, financial reports, mid-year and year-end updates, schedule of investments, investment-related write-offs, tax reports, and so on. But the existing Angular-based interface didn’t display the data correctly.

The Itexus team upgraded the front-end solution and created a system capable of comprehensively visualizing financial information from multiple data sources. The data, visualized in the form of tables, images, and reports, is available in the investor’s private account.  

Our team of front-end developers and testers also implemented an adaptive UI design: the platform has a native look and feel on mobile devices running on any OS. 

Our developers equipped the portal’s admin panel with a custom Report Builder. It compiles data from Backstop and aggregates the information inserted manually, parses the collected information, and generates data-based reports. These tool-generated reports are published on the portal, in both PDF and HTML formats.