Intelligent Fin-Tech Platform

A thriving start-up required a high-speed, efficient, and secure FinTech platform to onboard lenders and enable Peer-to-Peer lending. They partnered with InovarTech to develop a robust solution that aligned IT with the business and focused on technical diversity, business continuity, and maximizing ROI.

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A thriving start-up required a high-speed, efficient, and secure FinTech platform to onboard lenders and enable Peer-to-Peer lending. They partnered with InovarTech to develop a robust solution that aligned IT with the business and focused on technical diversity, business continuity, and maximizing ROI.

The Challenge

Client stipulations for addressing specific concerns included- a platform to reduce the time taken for registration by five minutes or less and automatically validate documentation with authorities. An AI-powered system to perform facial feature tracking and rate loaner profiles based on the information captured by the system. A rule-based engine to pick the right investors based on risk appetite and provide the desired amount within 30 minutes. An Escrow-based account transfer mechanism to provide security and identity cover for investors and borrowers. A 99.99% uptime with a strong BC/DR plan to ensure smooth operations 24/7 without any personnel support.

    The Solution

    Inovar's expert team had to rise to the occasion and determine AI models to drive the system and the implementation process for a massive enterprise architecture. After extensive research with target users, Inovar helped the company refine the user experience and interface before building and launching ­the digital lending platform. To provide agility and scalability, we utilized microservices in serverless architecture with micro front ends and Office 365 consulting services like Dynamics for CRM as the architecture. We handled integrations via an API gateway to ensure compatibility with a dozen third-party systems, which were all built with their technology.

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      Unleashing Innovation

      We proposed a complete open-source stack that boosted performance, improved design, and implemented Cloud Native Development Services like Kubernetes, Secure API management, messaging queues, and managed databases in the cloud. Inovar's robust disaster recovery and failover system supported their need to be available 99.999% of the time. It built trust among users who were required to supply sensitive financial information to the platform. Inovar's design support was crucial in facilitating the adoption of a user-centric perspective by the client's long-term partner.

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      Benefits

      The innovative AI-powered Fintech software effectively catered to both users and developers. The robust and unique platform harnessed AI capabilities and helped validate risk levels, manage 10000+ users in the first year, and manage loans up to a quarter million dollars. It also ensured Zero security breaches and downtime.

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        Inovar equipped a healthcare institution with an intelligent process automation system by incorporating power platform consulting services. This solution accelerated their business processes, automated their data processing, and improved task management.

        work-order-management

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        bridging-technology

        Inovar developed a Power Platform-based solution by collaborating intelligent process automation with SharePoint consulting services to help them streamline their workflows and provide stellar customer experiences.

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