Client
A leading securities trading firm.
Goal
Build a cloud-based automation framework to test client’s trading platform.
Tools and technologies
C#, Ranorex, TestRail, Simulators and Selenium.


BUSINESS CHALLENGE

SOLUTION

OUTCOMES
Related Stories

Building a sustainable and scalable evaluation network
Solution enabled secure access, monitoring, and reporting to evaluate millions of constructed responses annually.

Developing an automated, agnostic test framework
Framework automated 95% coverage, validated 7,689 test cases, and enabled 25x faster releases with better compliance.

Scalable platform for learning and engagement boosters
Achieved 99.99% uptime, boosted student engagement by 70%, and cut operations effort by over 50%.
Contact
Our experts can help you find the right solutions to meet your needs.
Get in touchCloud-native app opens new markets

Client
The world’s leading provider of trading services for fixed income products
Goal
Create an IT architecture to support growth across markets and products
Tools and technologies
AWS Cloud, Java, Springboot, React JS, React, Redis, Kafka, C#, Ranorex and Test Rails


BUSINESS CHALLENGE
The client, a market leader in bonds trading, was expanding to new markets, acquiring new businesses, introducing new products and adding features to existing offerings. To support its growth plans, it needed an agile, modern, cloud-based platform.
Some of the business needs the client wanted to address with the new solution were:
- How do we achieve scale with minimal latency in operations and service?
- How do we integrate new businesses seamlessly and without disruption?
- How do we roll out new features faster to improve customer experience and get a competitive edge?
- How can we use data to help customers make better trading decisions?
- How can we monetize the data?
As a solution partner, we had to not only create a new IT architecture for the client’s trading platform but also constantly re-engineer and improve the architecture to quickly meet emerging business needs.

SOLUTION
We deployed a scalable, highly available auctions solution on the AWS cloud using Java, Springboot, React JS, React, Redis, and Kafka.
Optimized algorithms now achieve best matching with minimal latency while offering full price transparency. Artificial intelligence (AI) and machine learning (ML) provide greater insight and real-time price discovery for specific asset classes.The new cloud-based architecture enabled the client to create products and monetize market data. Those products helped customers get accurate data in real-time to take better and faster trading decisions.
Test automation across the trade lifecycle using a combination of C#, Ranorex, Test Rails helped the client update user interfaces (UI) without reducing performance. It also eased integration linkages between the acquired solution’s frontend and the client’s existing backend.

OUTCOMES
The introduction of Agile methodology and the cloud-native application has helped the client significantly speed up time-to-market for new releases – it is now able to make releases several times a year.
The new IT architecture now allows the client to offer trading in Muni bonds (an acquired product) and U.S. treasuries (a new service). The solution also enables the client to support Chinese markets.
Related Stories

Building a sustainable and scalable evaluation network
Solution enabled secure access, monitoring, and reporting to evaluate millions of constructed responses annually.

Developing an automated, agnostic test framework
Framework automated 95% coverage, validated 7,689 test cases, and enabled 25x faster releases with better compliance.

Scalable platform for learning and engagement boosters
Achieved 99.99% uptime, boosted student engagement by 70%, and cut operations effort by over 50%.
Contact
Our experts can help you find the right solutions to meet your needs.
Get in touchDeliver personalization via report automation

Client
A leading asset management firm based in the U.S.
Goal
Help asset managers deliver personalized solutions to establish differentiation.
Tools and technologies
AquaData Studio, Java, Perl, Python, Spring, Hibernate, VRS, PostgreSQL, Composite and MS SQL.


BUSINESS CHALLENGE
- Its front, mid and back office functions needed a lot of manual effort
- Business rules were inconsistent and data duplication was rampant
- User experience on the platform needed significant improvement
- Clients were unable to get a holistic view of their accounts
- Data validation was consuming a lot of manhours

SOLUTION
- Our team streamlined and integrated the client’s front, middle and back office functions. We helped the client integrate their back-office solutions with their custodians, reducing complexity in information exchange, eliminating reconciliation and increasing operational efficiency by more than 75%.
- We automated the creation of more than 7,000 reports.
- Improved experience for retail and institutional clients by automating the generation of complex compliance and strategic reports.
- Developed a strategic reporting module that gave customers a holistic view of their accounts and holdings.
- Set up a business data validation team offshore.
- Enabled self-service option for bespoke reports.

OUTCOMES
- Automated the exhibits process with 75% increase in throughput
- Our report automation solution reduced manual effort by 70% and improved monthly artefact generation throughput by 40%
- Reduced manual effort for customization in client profile management by 60%
- Achieved $50,000 savings monthly in data validation for client profile management
Related Stories

Building a sustainable and scalable evaluation network
Solution enabled secure access, monitoring, and reporting to evaluate millions of constructed responses annually.

Developing an automated, agnostic test framework
Framework automated 95% coverage, validated 7,689 test cases, and enabled 25x faster releases with better compliance.

Scalable platform for learning and engagement boosters
Achieved 99.99% uptime, boosted student engagement by 70%, and cut operations effort by over 50%.
Contact
Our experts can help you find the right solutions to meet your needs.
Get in touchStriking the right balance of care

Client
A leading provider of work-life services to caregivers.
Goal
Enable caregivers to easily set up and manage care schedules.
Tools and technologies
HTML, CSS, JavaScript, Bootstrap, JQuery, Atlassian User Interface (AUI), AngularJS and Liferay DXP7.2


BUSINESS CHALLENGE
Many young and middle-aged workers combine both work and caregiving responsibilities that cover not only children but extend to parents and pets. Research shows that employees who achieve greater work-family balance are more satisfied in their jobs and happier with their families.
For our client, a leading provider of work-life services, the key to enabling that balance is the setting up of care schedules for dependent or vulnerable family members. The client’s existing solution for managing such schedules, however, was not user-friendly, flexible, or mobile-responsive.
The client's websites offered no provision to schedule premium services for care.
The websites were served by a Liferay V6.2 content management system (CMS) as the common backend for which support ended in December 2020.

SOLUTION
We designed and developed a web platform for scheduling care for family members including parents, children, self and pets, with e-mail notifications and quick access to customer care. We migrated the websites to Liferay DXP7.2 CMS backend.
To improve the performance of the web application, we developed website forms as AngularJS-based single-page applications. We developed a responsive website that worked flawlessly across different-sized screens on desktops, tablets and mobile phones.
We used Agile methodologies right from the requirements-gathering phase until the final deployment of the web platform to shorten development time.
To save cost and time, we used an almost identical codebase for both iOS and Android platforms (except for a few configuration settings and device specific features).
Furthermore, our team performed continuous integration using automated build tools, and script and code repositories, to save time during the development, testing and deployment phases.
We ensured that the sites we built followed the WCAG 2.0 and OWASP accessibility and security standards.

OUTCOMES
- The web platform we developed ensured the client’s care scheduling interface was user-friendly, flexible and mobile-responsive.
- Customers could easily create, change and cancel schedules. They also had easy access to records and historical data.
- The common codebase across iOS and Android ensured significant cost savings in the development and maintenance of the application.
- Agile methodologies and a high degree of automation reduced costs and shortened the development time.
Related Stories

Building a sustainable and scalable evaluation network
Solution enabled secure access, monitoring, and reporting to evaluate millions of constructed responses annually.

Developing an automated, agnostic test framework
Framework automated 95% coverage, validated 7,689 test cases, and enabled 25x faster releases with better compliance.

Scalable platform for learning and engagement boosters
Achieved 99.99% uptime, boosted student engagement by 70%, and cut operations effort by over 50%.
Contact
Our experts can help you find the right solutions to meet your needs.
Get in touchA robust platform for investment advisors

Client
A leading brokerage and wealth management firm based in the U.S.
Goal
Create a best-in-class platform for registered investment advisors (RIAs).
Tools and technologies
Pivotal Cloud Foundry, Spring Boot, Spring Cloud Gateway, Angular 6, TIBCO AMX BW, SQL Server, Hybrid Automation Framework (Selenium, Appium, Perfecto) and AppDynamics


BUSINESS CHALLENGE
With growing competition from nimble fintechs, custodians are under pressure to provide RIAs a differentiated experience. Many of them are looking to use advanced technology solutions such as machine learning, artificial intelligence and data and analytics to help RIAs improve the end consumer experience.
Our client had multiple legacy platforms built over the years that was preventing it from providing their RIAs with a secure, integrated and cost-effective solution.

SOLUTION
Iris has been played an integral role in transforming the client’s technology landscape from a legacy system to a modern, open, API-based architecture. The solutions we have implemented include:
- An open access platform with API architecture as part of the client’s go-to-market strategy. We continue to work on integrating third party vendor applications and RIA back-office applications onto this platform.
- The platform is highly reliable and secure with protection of data at rest and in motion using encryption. We have enabled encryption of data in transit to protect over 100+ integrations outside the client environment. We have used SAML and OAuth for user authentication.
- An SSO solution provides multi-factor authentication (MFA) and a framework for privileged access management to secure customer information. The Iris team has also ensured mobile security for iOS & Android devices and helped the client plug platform vulnerabilities.
- Developed responsive design as part of the UI transformation initiatives for core trading, advisory and educational solutions.
- Transformed monolithic application into micro services-based architecture.
- Provided flexible development capabilities with distributed Agile teams and extensive test automation reducing time to market and achieving significant cost savings.
- Digitized end-to-end client onboarding with features for bulk onboarding, advisor authorization and ability to submit statutory documentation online and offline.
- Created back-office solutions for money movement and cash and asset management that allowed RIAs to get a holistic view of clients and serve them on the go.
- Customizable workflow to serve needs of individual advisor firms.

OUTCOMES
Related Stories

Building a sustainable and scalable evaluation network
Solution enabled secure access, monitoring, and reporting to evaluate millions of constructed responses annually.

Developing an automated, agnostic test framework
Framework automated 95% coverage, validated 7,689 test cases, and enabled 25x faster releases with better compliance.

Scalable platform for learning and engagement boosters
Achieved 99.99% uptime, boosted student engagement by 70%, and cut operations effort by over 50%.
Contact
Our experts can help you find the right solutions to meet your needs.
Get in touchGain speed to market with DevOps solutions

Client
The client is a leading wealth management firm in the U.S.
Goal
DevOps strategy to shorten production timelines and speed time-to-market.
Tools and technologies
JIRA, Jenkins, GitHub, AWS, ECR, Docker, EKS and Helm.


BUSINESS CHALLENGE
The client used multiple legacy applications with a highly complex codebase to run its operations. As a result, it had long production lifecycles and spent several person-hours in integration and deployment.
On the technology front, the client faced challenges in the way server-side applications were defined, stored and managed. Its IT team also had to manage the deployment of multiple Kubernetes manifest files.

SOLUTION
Iris recommended that the client move to a microservices ecosystem. Here’s how we deployed the solution:
- We defined an enterprise-level DevOps strategy using Helm
- Identified the scope of apps that needed to be on-boarded across the enterprise
- Implemented a DevOps pipeline for microservices on the Kubernetes cluster
- Deployed the infrastructure, dependencies and applications with Kubernetes using Helm
- Delivered continuous improvement through Helm release updates and rollbacks

OUTCOMES
The DevOps pipeline significantly improved time-to-market for new releases.
- 20x faster release cycle
- 40% improvement in quality with end-to-end traceability
- 15x improvement in the mean time to deployment (MTTD)
We also put in place robust security control and validation processes; and provided for auditable release requests.
Related Stories

Integration of new and legacy insurance services
Middleware layer built with microservices architecture integrates new and old services to provide uninterrupted access.

Modern system for insurance data management
Scalable, flexible, efficient, and secure automated solutions for data ingestion and multi-channel distribution.

Modern insurance product data services platform
A unified, secure, scalable architecture for product data access and publishing with seamless downstream integration.
Contact
Our experts can help you find the right solutions to meet your needs.
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