All
HOW
 
TO
 
BUILD
AN INVESTMENT PLATFORM

All

Chapter 1 WHAT IS AN INVESTMENT PLATFORM?

Modern investment platforms are online financial markets. They are comparatively new, yet essential part of the modern business. With an investment platform you can buy bonds, shares, funds and other kinds of valuable papers. Investment platforms not only simplify investing but also may provide beneficial discounts.

HOW AN INVESTMENT PLATFORM WORKS

If you are not an investment neophyte and require no advice on investing you may be interested in cutting out intermediaries, who take advantage of all your transactions, thus reducing your income. On the other hand, it also works for the industry’s newcomers. It is especially interesting for those, who want to get started with minimum investments made. Getting rid of middlemen and providing stock operations essentials to the customers looks appealing for both ‘big sharks’ and smaller fish. Investment platforms let you gather all your assets in one place. At the same time they reduce tax losses. Basically that’s the principle of any investment platform’s work. Simplicity and speed made them extremely popular within the last decade in fintech development. 

TYPES OF INVESTMENT PLATFORMS

There are two main types of investment platforms: fund supermarkets and fund wraps. 
 

Fund wraps
 

Fund wraps are online finance administrating services that provide shareholders access to customised advice and huge pools of mutual funds. Fund wraps are often offered by full-service brokerage companies. Usually, the investor looks through a list of mutual funds, which are often suggested with reduced sales loads and chooses one of them. Dealing with fund wraps, investors yearly pay a special overall fee, well known as the wrap fee.
 

Fund supermarkets
 

Fund supermarkets are single online investment platforms that are used as stalls for all the mutual funds from different families. This kind of IPs looks pretty appealing, especially to investors. They are able to buy, sell and exchange different types of assets within one fund supermarket. Fund supermarkets are a preferable option for investors working with highly valuable networks and fund families.
 

Wraps vs Supermarkets
 

While fund supermarkets deal with mostly, you know, funds, wraps usually tend to offer other investment assets and other services. FWs and FSs are competing for customers all the time. They offer wider choices of assets, better services and more reasonable fees. Thus, fund supermarkets are taking more and more of wraps’ territory . Wraps on the other hand try to compete providing less complicated and cheaper services.

INVESTMENT PLATFORMS’ FEATURES

Every single web-based investment platform has to possess several archi-important features to be attractive for its potential clients:
 

User admin area and software development flow
 

The very first thing your potential customer will face is the interface. Make sure you eased the signup process as much as you could. Also design the user’s cabinet as a convenient virtual investor’s office, where users will be able to search for and analyse all the vital data.
 

Tools for money management
 

Investors are looking for the platforms, providing them full sets of tools inside of a convenient interface. That’s why money management tools are essential for a web-based investment platform. If your clients get a convenient dashboard with plenty of tools, giving them clear and fast access to all of their finance and assets, rest assured: they will never leave your platform.
 

Safety and security
 

Of course, when it comes to financial operations one can barely find anything more important than their money’s safety! Consider generous security measures for your investment platform, believe, they will pay off. High security standards will provide you not only healthy sleep, but also a reputation of a reliable service provider and partner. 
 

Client support
 

Online Investment platforms are greatly customer- and business-oriented. That’s why, providing a decent customer support service is an important part of any investment platform. Consider outsourcing your customer support service to a specialized firm, which has enough experience in this field. 
 

Up-to-date information
 

Stockholders use investment platforms for both financial operations and data analysis. Hence, informing them about important stock changes and new assets in time is one of IP’s key responsibilities.Information is power and for investors it is also money. If you want your platform to be successful you need to provide relevant information faster than your competitors.

WHAT TO CONSIDER DEVELOPING AN INVESTMENT PLATFORM

If you want to create an investment platform there’s something you should consider:
 

Choosing tech stack
 

In order to choose the tech stack for your web development of investment platform, you have to know your target audience first. If you know your customer and their desires, you may figure out which tools and services they will demand. Ergo, your tech stack depends on the functionality of your future project. Do you have a full vision? Well, if you don’t have it there are some options to consider.
 

Consider a MVP
 

MVP or a minimum viable product is a minimalistic version of a project, which only has a handful of essentials, providing minimum services. MVPs are used either due to the lack of budget or if the final product’s appearance is questionable. MVP will let you maneuver in the first instance and provide you with a better understanding of what your platform should look like, giving you additional time to embody all the best ideas within the basic template. 
 

Architecture
 

Want to build an investment platform? We’ve already mentioned that you can use a MVP. If it is your strategy you will be building your platform’s architecture slowly, step by step, adding new tools and features. 
 

Bank integration
 

An advanced investment platform desperately needs arrangements with banks. Thus, your customers will get investment suggestions based on their financial reliability, credit score and financial capabilities. The number of banks you will connect to will also affect your platform’s architecture. 
 

Country and Time Zone
 

It is really important to make sure you use banks of a reliable country with clear laws and business policy. Time Zones might also play an important role. Diversifying might be a great idea!
 

Code logging
 

Mistakes are inevitable and you better be aware of them. Be careful, because they may be caused beyond your direct responsibility zone. While dealing with an investment platform you surely involve third parties. Track all of the system’s malfunctions in time, it is your vulnerable point.  
 

Sandbox environment
 

Sandbox is a backup mechanism of your platform, use it to prevent mistakes and try new functions and solutions without risking to lose potential customers. It is also a very important tool for testing new antimalware technologies.
 

Matching your UX
 

An average investment platform is a virtual medium with lots of information that users try to cope with and properly analyse. Abundance of tools, assets and data makes IPs’ UX development a challenging task! The most important thing is to keep this balance between providing enough data to your customers and not overloading them with dozens and hundreds of irrelevant notifications.

COST

How much does it cost to create an investment platform
 

Sure, creating an investment platform seems a profitable project to make. Yet, you should be aware of the precise cost. It’s only half of the work to develop an investment platform, you should also maintain and promote it. Here is a full list of your possible expenses:
 

  • Web-based investment platform design – 10,000$ to 200,000$ 
  • Average yearly maintenance – 2,000$ to 60,000$
  • Marketing – 20,000$ and more 
     

How much does it cost to create a mobile app for an investment company
 

To create an investment web-site is expensive, however to create an investment app is also quite budget consuming. Depending on the added features investment app’s development may require 10, 20, 50 or even 100 thousand dollars. We’ve already mentioned the MVP approach: use it and spend the resource generated by your project itself for its development.

WHAT WE LEARNED DEVELOPING AN INVESTMENT PLATFORM, OUR ADVICE

SapientPro is experienced in all kinds of web development; working on investment platforms we have enriched ourselves with some specific experience and here are some tips of ours:
 

  • Make your code from a scratch: projects like those are unique and require personalised attitude and customised approach
  • Be generous, while testing your platform: it is mostly related to interface issues, bug-tracking and security measures, being tested
  • Find out about the topic: in order to create an investment platform, you should know how to invest; don’t be afraid to take a professional advice
  • Hire experienced devs: creating an investment platform will require skilled developers, familiar with the area

AN INVESTMENT PLATFORM? CAN DO!

Our company offers all types of possible solutions for those, who are interested in creating their own investment platforms. We have vast experience working with data-bases and maintaining web-platforms for trading and e-commerce. Don’t hesitate to contact us and we will help you with any type of online fund platforms, manage your project, define the strategy and find the best partnership solutions!

SAPIENTPRODEVELOPMENTSaaSBACKENDWEBDEVELOPMENTECOMMERCEDEBUGINGSTARTUPMOBILEDEVELOPMENTDESIGNELEARNINGTESTINGFRONTENDARTIFICIAL INTELLIGENCEMANAGEMENTMARKETINGBLOCKCHAINCUSTOMERSQA/QCNEWS TEAM BUILDINGSEOESTIMATION
related news
Article Header_Laravel.png
SAPIENTPROHow Laravel Wave Reduces SaaS Development Costs

One of the biggest problems for software companies making SaaS apps is keeping track of how much it costs to make and maintain them. The financial commitment required can quickly get out of hand, especially when it comes to forming engineering teams, hosting infrastructure, and purchasing software licenses. That's where Laravel Wave comes into play.

Ihor

10 min read

Article Header Woo.png
DEVELOPMENT5 Reasons Why You Shouldn’t Use WooCommerce

WooCommerce is one of the most popular e-commerce platforms with over 4,7 million live stores. It’s well-known for its integration with WordPress and the flexibility it offers to online retailers. However, despite its widespread adoption and robust feature set, WooCommerce isn’t without its limitations.

Ilya

10 min read

1 (1).svg
DEVELOPMENTHOW TO AUTOMATE DATA EXTRACTION

So what is a data extraction and why would you automate it? Data extraction or scraping isn’t just searching for the information you need on the Internet. Modern challenges in web economics demand a bigger-scale approach. The amount of data you need to analyze grows exponentially due to a great number of factors. Only by gathering a huge amount of data simultaneously can you mine data and find necessary trends, which will provide new opportunities to your business.

avadata.svg
DEVELOPMENTTHE BEST WEBSITES BUILT WITH LARAVEL

Building websites for special purposes and services is difficult. You have to keep up with modern challenges as well as fight for the speed, performance, and security of the software you develop. To achieve this web developers often use frameworks to deal with tasks faster and more effortlessly. Since most of the websites, web services, and applications are built using PHP it is important to be aware of all novelties regarding frameworks for PHP developers. One of the most useful and popular frameworks for PHP programming languages is Laravel. This open-source framework is used for a vast majority of middle-sized PHP-based projects nowadays. But why is it that popular? Due to many things, actually.

1 (2).svg
SAPIENTPROTHE ULTIMATE GUIDE ON DEVELOPING YOUR FINTECH APP

Old-fashioned approaches to finances and economics are already history. Why is fintech getting so popular? It is faster, more accessible, and more flexible. Fintech apps’ appearance was one of the main recent trends in global economics. But what does one need if they want to design their fintech application?

Main.svg
DEVELOPMENTHOW TO CREATE A WEB-SCRAPER

Scientia potentia est – knowledge is power. This ancient saying has been gaining importance throughout the ages. In the age of Information, when all the major human activities are transferred into the Internet and websites seem to be the main platforms for interaction between people and businesses, data analysis is crucial. Nowadays web-scraping as a web data analysis method is widely used by salesmen, politicians, news agencies, gambling lovers, and anyone who is informed about its benefits.

e-learning.svg
SAPIENTPROHOW TO BUILD AN ONLINE EDUCATION PLATFORM

Today neither students, nor teachers and professors can imagine their daily routine without online studying due to the ongoing COVID19 pandemic. Dozens or even hundreds of online services are being used daily by both scholars and education staff. However, it is not the pandemic we should give all the credit for online education to exist. Alternative ways of studying appeared as early as the XIX century. Advanced tech such as steam engines and the railway assured faster and more reliable correspondence delivery, thus making remote education possible. The very next important step towards online learning was made in the XX century with computers and the Internet being invented. In 1989 the University of Phoenix became the first institution to launch a fully online collegiate institution providing both bachelors and masters degrees. A few years later in 1994 the International University (Missouri) became the first fully online-based higher educational institution. Nowadays all major universities use online platforms to provide education services to their students. And again: it all has started even before the pandemic. Educational institutions used numerous platforms as secondary or even major tools in their work. The most advanced universities paid great attention to elearning platforms development. They used online platforms as a single place, where students could send their homeworks and get all the necessary materials to cram for their exams.

header.webp
DEVELOPMENTPHP for the integration of 2021 web development best practices

Web development trends for 2021 display society’s needs in the booming technological era. Simple dynamic pages and animations are not enough anymore to meet the demands of an average Internet user. The new tools make websites more convenient and engaging. For example, voice search saves users’ time. Internet of Things allows the connection between modern smart appliances. Progressive web apps provide better quality, speed, and offline usability. As a user, once you try a webpage packed with best practices and up-to-date features, other websites that lack innovation seem extinct. Before naming the most popular development trends, let’s understand why PHP goes well with them.

Kate

9 min read

header.svg
DEVELOPMENTHow to Build a Location-Based App

Real-time interaction has become a turning point in the way consumers use technologies. Just look! Instant messaging replaces small talks and makes group discussions more convenient. Search engines answer almost any question in several seconds. Navigation apps show destinations and even estimate the time you need to cover to get there. Modern software solutions make users’ lives easier in every aspect. Time-efficiency and convenience are now valuable assets in the world of technologies. Location-based apps are one of the ways you can enter this software market and yield profit.

Kate

6 min read

Background-13-1920x800.webp
DEVELOPMENTTHE IMPORTANCE OF IMPLEMENTING DYNAMIC PRICING STRATEGY

Long-term prospects for your business and immediate reaction to market trends - we acquire it with Dynamic Pricing Software. Active promotion and regular product extension is not all you should focus on by far if you want to get the most out of your eCommerce resource. Ultimately, you should be able to timely react to ever changing market tendencies and adjust your prices accordingly.Usually, you can see with a naked eye that the demand for certain goods is rising and your competitors start to boost prices. This superficial approach, however, can only be efficient if you have no more than a hundred items to manage. So how to go about these things when you have about a thousand or more items? Software tools for adjusting dynamic pricing for the eCommerce website will come in more than handy.

Ihor

10 min read

emile-perron-xrVDYZRGdw4-unsplash-1920x1080.webp
DEVELOPMENTBEST PHP FRAMEWORKS FOR ECOMMERCE: REVIEW FOR 2020

When choosing the right framework for developing an e-commerce website, we strongly advise you to pay special attention to performance.The first thing to consider while developing your business in the digital era is making it work online. The eCommerce is growing at a quick pace, providing business owners with numerous opportunities.Although, building a website for the e-commerce purposes is far from an easy task, as the online shoppers are more experienced now and their requirements are also higher, there are numerous ways to do that starting from simply adding an online shop to the existing website, up to building the site from scratch using PHP frameworks.If adding e-commerce function may be so easy with all those SaaS and CMS available, you may wonder why bother and implement complex PHP solutions. Our team has the answers, go on reading to find them out.

BACKGROUND-4-1920x800.webp
DEVELOPMENTDIGITAL TRANSFORMATION TRENDS IN THE RETAIL AND CONSUMER INDUSTRY FOR 2020

Everything is going online now, from communication to making business, working, and shopping. The advancement of technologies enables businesses to become faster, bigger, broaden abilities and attract more customers. The retail industry has been facing the outcomes of digitalization probably the most. Still, brick-and-mortar shops are having their benefits and people use them more than e-commerce websites. The other side of this issue is an extremely tough competition. To get more clients, businesses have to adjust to the changing consumer habits and for that purpose use the advantages of digital technology. However, the good news is coming – there is the solution and it is the digital transformation in the retail and consumer industry. Yet, it may turn out to be a real challenge, in this article SapientPro development team has outlined the key points you need to know if you want to put your business to a higher level.

Background-15-1920x800.webp
DEVELOPMENTUSE OF CHATBOT, AI, MACHINE LEARNING IN ECOMMERCE: REAL EXAMPLES

Implementing Machine Learning and Artificial Intelligence may become your best solution to improve user experience.The pace at which the e-commerce industry is growing and enlarging nowadays is immense, as well as the people’s expectations. By 2021, e-commerce sales are expected to reach 17.5 percent of all retail sales worldwide. What else can be done to improve user experience and make online purchasing easier? Alongside with e-commerce, various technologies are evolving to meet the customers’ needs. Such terms as Artificial Intelligence, Machine Learning or chatbots are heard almost everywhere now. While some people express their concerns that AI will run the world soon and leave the people unemployed, more and more eCommerce business owners choose to implement new technology and reap benefits of it. Together with advantages, the eCommerce brings to customers, there are still some drawbacks and issues occurring while shopping online.

490094-PH1YT8-480-1620x1080.webp
DEVELOPMENTTIPS FOR BUILDING A SUCCESSFUL CUSTOM E-COMMERCE WEBSITE

Keep your website free from clutter. In most cases, it is better when it is simpler.Imagine you have two options: going to a brick-and-mortar store and spend there hours waiting in long queues or staying in your cozy home and order everything you need in just a couple of clicks. Most people would definitely go for the first one. This being one of the most significant factors why the eCommerce industry is growing so rapidly. Sure, having an e-commerce website is a plus to your business, but you should never forget about the complexity and many efforts you have to apply. Here the question arises: is it really worth it? Our answer is definitely yes! In this article, our e-commerce development team will tell you exactly what you need to know before starting building an e-store from scratch.

background-3-1920x800.webp
DEVELOPMENTGUIDE TO BUILDING SUCCESSFUL MARKETPLACE WEBSITE

Marketplaces provide then buyers with the opportunity to find everything they need in one place instead of time-consuming surfing numerous websites.With such an immense grow of e-commerce retail, investing in this industry is likely to become one of your best decisions. Every Year the e-commerce market is increasing by around 17% and now marketplaces account for nearly half of global online sales. The same as small shops are giving way to large malls, online customers tend to choose marketplace platforms over single-brand e-shops. Why not jump at a chance then and create your own marketplace website? This way you will provide your buyers with the opportunity to find everything they need in one place instead of time-consuming surfing numerous websites. In this article, SapientPro e-commerce team gathered what is important for you to know before building a marketplace website.

background-6-1920x800.webp
DEVELOPMENTINTEGRATING A PAYMENT GATEWAY IN E-COMMERCE WEBSITE AND APP

Without a payment gateway, you can develop an e-commerce business only if it is non-profit.Buying all you need at any time without leaving your cozy home has recently transformed from sensational news into an everyday routine. You could hardly find a person who has never tried online shopping. Although it is fast and convenient, there is one factor that makes the people abandon their virtual carts in the process of buying in e-stores – transaction security. Want your customers’ checkout go as smoothly as possible? Take care of secured and easy-to-use payment gateway for your e-commerce business!

wp_plugins_background-3-1920x720.webp
DEVELOPMENTTOP WORDPRESS SECURITY PLUGINS

Can you imagine living in a house without a lock in the front door? I’m sure you don’t really like this idea as everyone wants to feel safe at home. And if we talk of the online world, the reasons to lock the website are stronger, as the risks of someone getting into your site grow higher. The question of WordPress websites security is of the greatest importance. Why? Being the most popular website platform, WordPress became a great target for hacker attacks and malicious infections. So, if you care about safety, choosing a good security plugin must be among your priorities. The majority of problems with WordPress are connected with unsafe plugins. Note the important point that if you buy the license, the chance your site is secured would be higher. You can find a lot of such plugins on the Internet and for you not to get confused, we compiled five the most popular and reliable alternatives in our opinion, outlined their advantages and drawbacks.

Max

5 min read

More related news