New mobile application for a financial institution

Financial Institution

Enhancing the availability of services in the mobile application for the Investment Fund Company sector

16 Dec 2024

Our client, a leading entity in the Polish capital market, has maintained a strong presence in the financial market for years. As part of our long-term collaboration, we concentrate on adapting the client’s systems to the evolving market and legal requirements while supporting their digital transformation efforts.

Access investment funds from your smartphone

This time, the client tasked us with developing a modern mobile application for Android and iOS to offer new and existing investors convenient access to the investment platform and trading services directly from their mobile devices.

The key requirements were:

To ensure the highest level of security

incorporating advanced data encryption and secure storage of user information

To enable biometric login

allowing users to log in using their fingerprint or through facial recognition

To support push notifications

to enable instant information about new offers and market changes to be sent directly to users’ devices

To enable rapid deployment of updates

without the frequent need to release new app versions on Google Play and the App Store

Project implementation

The project was delivered in six months using the Scrum methodology, enabling us to adapt flexibly to the client’s evolving requirements and respond promptly to their needs.

The process included a number of steps:

Analysis and conceptualization: Understanding the client’s requirements and proposing suitable technological solutions.

Application development: Creating a mobile application that seamlessly integrates with the existing transaction system while delivering a native look and feel to users.

Tests and audits: Conducting rigorous quality testing and security audits in compliance with international standards.

Publishing: Launching the app on Google Play and the App Store after securing the required certifications.

First mobile application on the market for clients of Investment Fund Companies

The collaboration produced an intuitive mobile application enabling customers to access the complete investment offering, including investment funds, individual retirement accounts, individual retirement insurance accounts, and employee equity plans. The app adheres to the highest security standards, featuring biometric login among other safeguards. Push notifications keep users informed about new offers and key market developments.

The high volume of app activations highlights the strong demand for such solutions among investors. Introducing the app not only enhanced the accessibility of the financial services but also bolstered our client’s market position, increasing their competitiveness through an innovative approach to investor engagement.

Building applications efficiently with React Native and WebView

For this project, we utilized React Native, a versatile framework that streamlines mobile application development for both Android and iOS, allowing us to work from a unified codebase.

With this approach, we:

 

Managed to reduce development costs

 

Streamlined app maintenance

 

Enabled rapid implementation of new features

By leveraging WebView, we seamlessly integrated the mobile application with the existing trading platform. This approach enabled us to utilize its robust features without the need to rebuild them from the ground up.

"WebView enables the display of web content within the app while maintaining a native experience, delivering the smooth performance and intuitive navigation users expect. This solution significantly expedited the development process by blending the functionality of a web platform with the convenience of a mobile application."

Sylwia Wijas

System Architect

e-point SA

Enhanced accessibility of investments with a new mobile app

The mobile application has dramatically enhanced the accessibility of financial services for clients of Investment Fund Companies, offering secure and convenient access to their investments directly from their smartphones. With features such as a user-friendly interface, push notifications, and biometric login, users now have a cutting-edge tool for managing their assets effortlessly. This innovative solution has garnered significant interest, achieving several thousand activations shortly after its launch. By addressing the needs of young investors and meeting the demands of today’s dynamic financial market, the application has not only elevated user satisfaction but also reinforced the client’s competitive position in the industry.

Discover our solutions that address the specific needs of the industry and improve data security and user experience.

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