Fintuity success story
A machine learning-powered financial advisory platform for a UK-based company
Check out how Fintuity managed to launch an updated fintech platform catering for financial advisory
and wealth management. With HES FinTech, it took just 5 months.
and wealth management. With HES FinTech, it took just 5 months.
Challenge
New domain: financial advisory platform development
Fintuity was looking for an experienced long-term technological partner to create a flexible
hybrid advisory platform that leverages machine learning and human expertise. HES engineers were
tasked with implementing an end-to-end system: from web design and a client portal to the core
logic and back-office architecture.
hybrid advisory platform that leverages machine learning and human expertise. HES engineers were
tasked with implementing an end-to-end system: from web design and a client portal to the core
logic and back-office architecture.
Approach
Using HES LoanBox for automation
The delivered solution is a machine learning-based platform that analyzes data in
real time and automatically creates investment plans. The platform is built on the basis of HES LoanBox: some of the modules were re-used, some of them were built from scratch.
real time and automatically creates investment plans. The platform is built on the basis of HES LoanBox: some of the modules were re-used, some of them were built from scratch.
4 months
Time-to-market
70-75%
Automated processes
10 months
Return on investment
Result
Customized and optimized ML-based advisory platform ready for market challenges
The solution is based on modular architecture and comprises the following elements:
- Roles and permissions for managing system users (IFAs, system administrators,
assistants,
support specialists) - Advanced system configuration including security and calculator base settings, KYC
profiles - Template-based document generation
- In detail information about clients and service providers (IFAs)
- Investment plan generation according to the goals of a client
Based on machine learning algorithms, the solution allows each client to take on an appropriate
level of risk and ensures that they will not pay excessive fees.
The project outcome is a comprehensive and personalised advisory platform in finance and investment
that
reviews clients’ financial arrangements, provides automated process management tools and algorithms
for
faster operations, elimination of human errors, and higher business effectiveness.
that
reviews clients’ financial arrangements, provides automated process management tools and algorithms
for
faster operations, elimination of human errors, and higher business effectiveness.
full integration. We feel confident that our new ML platform will allow us to offer
clients the best-in-class investment advice services.