Innovation in Fintech especially around the financial markets, have provided opportunities for financial services firms. One example is the Equity Research market where some firms are employing innovative solutions to deliver their value added content directly to client. Many are incorporating state of the art visualisation and technology to display and distribute content.
As Research is often seen as a non-core to a bank’s or asset managers operations and is not subject to regulatory control, makes it easier to get the product installed into the banks or asset management firms.
Below is a case study of one of Equion’s Equity Research clients who recently launched their new product. The product is aimed at the global top 2,000 financial organisations and investors. Here’s what we did.
A global equity research firm commissioned the building of a new website to meet current and future business requirements and expansion plans. Essentially, our client demanded the development of a website which would be the most advanced and functionally rich in the Equity Research space.
The current website supported approximately 1,800 live stocks and 250 visitors per week. The plan was to increase stocks to approximately 3,000 - 4,000 and increase number of clients using the service. At last count this was over 600, a huge jump considering it was only 4 months after launch.
The firm requested that the new website be designed to reflect a user-centred approach and incorporate best practices and standards and so should be flexible, configurable, scalable, robust, secure, fully supported and be as future proof as possible. A modular approach was taken to enable the expansion of new features and functionality.
The firm also requested that the website provide personal areas to research and develop investment ideas and also share those ideas with clients and colleagues.
They also required that the server infrastructure and software platform be enterprise strength, resilient and able to expand to accommodate growth from the initial implementation as more stocks, business sectors, functionality and new clients were added.
Finally the website was primarily a Search driven application. This is the main method of finding stocks. Users will enter a search term of a Stock, Stock Code, Region or other search criteria. The Search will list the correct search query result, which can then be selected, loaded and saved.
The project was broken down into phases in order to deliver business benefits quickly.
The key components making up the project were:
Benefits delivered by this successful project include:
In addition to expertise in Website design and implementation, Equion Consulting also offers extensive professional services to ensure successful deployment, integration, operational support and training.
Equion provides innovative solutions for competitive business advantage including Search solutions and strategy consulting.