Hexaview Technologies

Optimized The Client’s Application To Handle 1M+ Portfolios and Rebalance Them Flawlessly

About Our Client

Our client is a US-based leading FinTech company & delivers a web-based tax-optimized portfolio rebalancing and scalable trade order management system for Wealth Managers, Investment Advisors, Multi-family Offices, Digital Advisors, and Industry Partners.

Client’s Challenges

  • The need was to take the existing application to the enterprise level.
  • The application was not optimized to handle a database of 1 million portfolios at a time.
  • The application was slow and showing errors in rebalancing results.

Hexaview’s  Solution 

  • Created the testing JMeter scripts and integrated them with the application using the open-source API wrappers.
  • Created the infrastructure for stress testing based on the provided benchmarks.
  • Resolved all the stated out bugs and bottle-necks

Impacts on Business

  • The optimized application was able to rebalance the load of 0.5 million portfolios within 12 hrs.
  • We removed various bottle-necks related to SQL Query execution and the task manager which resulted in the improvement of the application performance.