Original text
Rate this translation
Your feedback will be used to help improve Google Translate

Cookie Consent

By clicking “Accept Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our marketing efforts. More info

case studies

GeneralPublished on: Fri Feb 10 2023

From Silverlight to HTML5 - Upgraded the Client Portfolio Application

About Our Client

The client is a well-established wealth management firm based in the United  States.  They provide investment management and portfolio management services. The client processes 25 USD billion+ trades every month and serves some multi-million-dollar corporate giants.


Client's Challenges:

  • The client wanted to improve their existing application to support rebalancing & trade generation for thousands of accounts & Robo-advisers.
  • Upgrade the existing Silverlight application to modern HTML 5.


Hexaview Solutions:

Hexaview created the system in the following manner:

  • Security Master: Ability to dynamically add/ edit securities at runtime during rebalancing.
  • Asynchronous Rebalancing: We built an architecture for an asynchronous rebalancing of multiple portfolios &households and added distributed job manager to process jobs across different VMs. Through this async rebalancer, millions of accounts were rebalanced for Robo advisors in a time-bound manner.
  • Transition to HTML5: Upgraded from Silverlight to HTML5 with many enhancements to the earlier version.

Impact

  • Additional features with a more user-friendly interface led to a smaller learning curve for the customers.
  • Eradicated dependency on Microsoft Internet Explorer for Silverlight support.
  • The client executed in excess of $20 billion of trade every month with the developed application.

Key Success Factor

  • Our prior experience with portfolio construction & rebalancing tools resulted in less cost & time.
  • Overlapped work hours with client service and product management team for a better client experience.