The business need was for financial services company, who identified the growing demand for a convenient and secure mobile stocks trading application.
The major challenge to be faced by a Fintech application would be for security, trust, compliance, and user adoption. The application has to ensuring the security of financial transactions for real-time stock market data, trading tools, and investment opportunities whilst adhering to regulatory requirements, such as KYC and AML regulations, and payment gateway.
We proposed a fully functional platform, including website, applications, multi role based admin panel, that can support features such as real-time stock market data from various sources while ensuring accuracy and speed presented technical challenges.The application is ought to have an integrated encryption, multi-factor authentication, and fraud detection mechanisms to enhance the security and privacy of financial transactions whilst ensuring a complete regulatory compliance.
Our tech stack for this project comprised of the following
Finance, Stocks, Exchange, Wallet
The implementation included a robust compliance framework to meet regulatory requirements, and provide a feature-rich platform that allows customers to buy and sell stocks, track investments, and manage portfolios. The platform has to integrate a reliable real-time market data from multiple sources to provide users with up-to-the-minute information on stock prices, trends, and news. The platform is further required to be equipped with various security measures, including encryption, biometric authentication, and multi-factor authentication, to ensure the safety of user data.
The end product will be a high quality secure product that will allow users to execute stock trades conveniently through the mobile application and website.