Money to Life
Project Brief
An extensive application that is focussed on providing real life financial advice based on data input by a user regarding his actual financials. This application is designed to handle very sensitive personal data, process it against financial norms, and output information that allows a user to plan his financial future securely. For this project, we tied up with financial experts in India’s commercial capital, Mumbai, who helped us understand industry norms.
Highlights
Financial Calculators – A set of financial tools that help with calculating various everyday finances, ranging from long term monetary investment returns, to monthly trackers that keep a check on your savings and expenditures, were developed for this large online application. Extensive research and development was needed to understand and implement all the complex formulae used to make accurate calculations.
Financial Goals – A set of tools that help with financial planning based on the present, and historic financial data of a user. The system takes into account all liabilities, modes of income, and expenditures of a user. Projections of expenses, and incomes of both the near and far future are made based on growth potential of industries, family members and past investments, which helps a user to understand the kind of monetary investments and savings he/she should be involved in to ensure a secure future wherein he/she can fulfil their goals and secure themselves financially.
Large Data Handling – Our software experts are very adept at handling large data, and their skill was put to the test with this project. However, it was figuring out how to entice a user to input large quantities of data without losing interest. An innovative, clever, clean and modern design which broke down processes, and forms into less daunting and more manageable sections helped us achieve our goals.
Content Management System – – Alongside the conventional requirements of managing content, images, icons, etc, this financial application required administrator control over fine details. The need to be able to change numerical assumptions used for making calculations, so that the system may remain up to date with changes in government regulations, economic fluctuations, and industry norms, resulted in an extensive back endx.
