Challenge
A client from the financial sector approached Stackmine for support in creating a modern asset management system. The challenge was to design and implement a scalable, efficient, and secure platform that would enable effective management of asset portfolios and integration with existing systems and services.
Engagement model: Team leasing based on time and material.
Solution
Stackmine supported the construction of a comprehensive system using the latest technologies and best practices in software development. The key components of the solution are outlined below:
- Microservices architecture: A microservices-based architecture was chosen to provide flexibility, scalability, and independence of individual system components.
- Technologies:
- Java, Spring, Hibernate: Java was selected as the primary programming language, with Spring and Hibernate used as frameworks for application development and object-relational mapping.
- AWS (Amazon Web Services): AWS cloud services were utilized for hosting and infrastructure management, ensuring scalability and reliability of the system.
- Oracle DB: Oracle DB was chosen as the database due to its advanced features and compatibility with the client’s existing systems.
- Docker, Kubernetes: Containerization using Docker and container management with Kubernetes facilitated application deployment and management.
- Security: Advanced security mechanisms, including authorization, authentication, and access control, were implemented to ensure the protection of sensitive financial data.
- Integration: The system was designed for easy integration with the client’s existing systems and external services, enabling smooth data exchange and ensuring information consistency.
- Monitoring and maintenance: Monitoring and management tools were deployed to continuously assess system performance and quickly respond to any issues.
Outcome
Through collaboration with Stackmine, the financial industry client obtained a modern asset management system that met all of their requirements. The main benefits achieved through this project include:
- Effective Asset Management: The client was able to effectively manage asset portfolios, monitor their performance, and make informed investment decisions.
- Scalability and Flexibility: The microservices architecture and cloud technologies allowed for easy scaling and customization of the system to meet the client’s evolving needs.
- Data Security: Advanced security mechanisms were implemented to protect sensitive financial data from unauthorized access.
- Easy Integration: The system was designed for seamless integration with the client’s existing systems, facilitating smooth data exchange and ensuring information consistency.
Summary
Thanks to advanced technology and the expertise of the Stackmine team, the required milestones were successfully delivered in the above project for the client.
