Case Study: Australian company that specializes in an intelligent mobile application-based lending product

Objective

The intelligent mobile app-based lending system is a new field, blending recent technical developments in mobile phones and Artificial Intelligence, allowing for convenient financial loans. However, the challenge for a mobile app product is, that it had to be designed to work with most Loan Management Systems using diverse business requirements that are governed by a variety of different business rules.

Due to the sensitivity of the financial industry and the associated high levels of industry regulation, the constraints were mostly around the integration, design and compliance to the Loan Management System business rules. To do this we had to create an integration platform that would communicate between the different Loan Management Systems and the mobile app server. The business rules had to be integrated to the platform to meet customer’s business and governance requirements.

A crucial project requirement was the quality of the solution design and the associated application code. The security requirements mandated by the financial services industry meant the code needed to be precise, legible and transparent around each function and step execution something that Fusion Professionals are experts at.

Solution

As part of implementation design and development, the understanding of business requirements and rules was considered crucial in designing the platform. The requirements were segregated into two parts i) Mobile App Product ii) Loan Vendor rules. While designing the integration platform we segregated them in such a way that the loan vendor rules would not affect deployment of the products and these rules were pushed to the fringe of the connectors such that the product remains extensible and easily deployable but at the same time compliant.

For development of the platform JavaEE, Spring Boot, Docker, RESTful API’s and Mockery were chosen. An emphasis was given to the intensive testing and test-driven development, to achieve this a use case based testing methodology was developed and implemented. Also, peer reviewed coding was given emphasis to ensure code quality and transparency.  

DELIVERABLE

Fusion Professionals provided technical leadership to make this project a successful implementation. Our staff provided Solution Architecture, Development Management, established development processes and standards as well as implemented large parts of the deployment framework.

Outcomes

We were able to design and develop an independent platform that allowed the product to be extensible and reused across multiple platforms that deliver business rule integrity.

  • Platform can handle large amount of transactions
  • Error or Unexpected behaviour handling
  • Business Rule integrity maintenance
  • Code Quality
  • Extensible Product

Conclusion

The delivered solution was able to help our customer gain confidence in the product and solve many developmental issues. It allowed for an extensible product, intelligently designed to provide transparency, high governance standards and product flexibility.

To find out more about this implementation or to discover how to develop and deploy similar high-quality applications speak to the Fusion Professionals team.

Fusion Insights

The Client is one of major NSW government departments providing services to public. The Department had been experiencing performance issues…

MORE INFORMATION

Though its conception dates back to 1979, containers made their mark as much needed, major technology assets in 2000. Digital…

MORE INFORMATION

Objective The intelligent mobile app-based lending system is a new field, blending recent technical developments in mobile phones and Artificial…

MORE INFORMATION

Our Client is a well-known Australian freight logistics company, operating in railway freight and shipping.  The company embarked on a…

MORE INFORMATION

Data warehouse management and data analytics always had the challenge to decide what data to store and for how long…

MORE INFORMATION

Cloud computing is becoming a preferred storage platform for IT managers and organisations in general. In Australia alone, 31 percent…

MORE INFORMATION

Serving your customer in the best possible, most efficient way should always be the major goal of any organisation. The…

MORE INFORMATION

Moving out from proprietary software seems like a daredevil act, considering the possible data security issues some open source databases…

MORE INFORMATION

The Challenge Complex IT environments can pose significant technical risk that, if not managed adequately, have the potential of major…

MORE INFORMATION

Fusion Professionals has signed a partnership agreement with Waterline Data ( https://www.waterlinedata.com/ ) the leading provider of Information Catalogs and…

MORE INFORMATION

Most people do not like change. As much as possible, they want things to stay the same that is why,…

MORE INFORMATION

Regardless of your infrastructure whether you are running in the cloud or on-premise, there will always be a need to…

MORE INFORMATION

Data Analytics tools provide Data Scientists and Data Engineers with the instruments to find patterns in data and provide business…

MORE INFORMATION

Fusion Professionals held its Fusion Meld 2018 event last Thursday, the 17th of May at the Terrace Hotel in North…

MORE INFORMATION

Over the past 10 years, data has grown into a behemoth that dominates business intelligence. A huge percentage of the…

MORE INFORMATION

A data lab is a well-equipped environment that allows organisations to explore and examine new ideas by combining new data…

MORE INFORMATION

Technology is changing our world at a rapid rate. For companies to stay competitive they must adapt to the changing…

MORE INFORMATION

Another 12 months passes and the AWS Summit rolls into town, now hosted at the new impressive Sydney ICC!   So what…

MORE INFORMATION

DevOps has well and truly arrived. Having a team combining development and operations is superseding the traditional model where these…

MORE INFORMATION

We may not know it, but we’re consuming huge amounts of data every day. Whether it’s through Siri, Google, Microsoft,…

MORE INFORMATION