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 outsourced accounting company. The company maintains investment-associated data and derived indices (e.g. TVPI, DPI, FMV, etc.) up-to-date and accessible to private investors through their portal accounts.

We discovered that the platform relied on a deprecating version of the Backstop API, which lacked certain interaction endpoints. We updated the system to the latest API version and rescheduled a daily data sync to small hours to make the portal accessible over daytime.

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 offered to use Dropbox file hosting service. Itexus team has researched this and other options and finally Dropbox was chosen as a safe and extremely scalable solution. To cut down on the laborious routine of multiple files’ uploads into the portal, the team implemented a Dropbox bulk file 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 work, files and folders were disorganized. The implementation of the bulk file uploader resulted in substantially reduced labor involvement and enabled investor portal’s 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/end year updates, schedule of investments, investment related write-offs, tax reports, and so on. But the existing Angular-based interface didn’t display it correctly.

We upgraded the front-end solution and created a system capable of comprehensive visualization of  financial information from multiple data sources. The visualised data in the form of tables, images, and reports is available in the investor’s private account.

Our team of front-end developers and testers ensured 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 information inserted manually, parses the collected information, and generates data-based reports. The tool-generated report is published in the .pdf and html formats on the portal.