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.