Web-based Portfolio Manager
PHP Technology
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ü Screening criteria where investment advice should be filtered and sent to clients via SMS.
Requirement: The client had specific requirements that could enable the application to deliver the desired results. The client specifications included points mentioned below that Decos developers had to consider in order to arrive at a solution suiting the client’s need:
1. Pricing & Quotes Engine
The pricing engine should provide delayed or live quotes for the investor.
2. User Attributes & SMS Gateway
All investment advice needs to be sent to the user via SMS, Yahoo Messenger or email medium. All SMS/E-Mail copies need to be saved in website backend where client’s team can review it and or send revised SMS about performance.
3. Graphs & Detailed Performance
All scripts which are entered from the quotes engine need to be categorized into a number of sub-heads like industry, markets or indices a specific script belongs to. This data needs to be graphically represented in a manner as desired by the client. Data should not be represented for all the scripts but only a handful of them which are in the client’s portfolio. The investor should also be able to compare his performance with other top traders in the product and with an average benchmark. This should be variable at all times and should be decided by the application automatically.
4. Payment Gateway Integration & Access Rights
The payment gateway will need to be integrated with the application and further according to the number of subscription plans should be able to decide the user permissions.
There needs to be a provision for entering all this data and creating a user id by the application manually from the backend. Access rights to the back end of the application could be awarded to any of client’s internal staff by the administrator.
5. Complete Web Development
The portal should not be more than 15 pages apart from the application.
Decos Solution:
Decos analyzed the client requirement and based on that decided to have the following modules in the application, these modules would provide the functionality & features as specified by the clients:
1. Client & Advisor Module
This module should consist of 2 interfaces for the investors – which present a snapshot of the portfolio and the comparative analysis. There should be 2 windows for the advisor which should present a group and individual overview of the advisors’ clients.
2. Different Portfolio Modules
The client had nine different asset classes which need to be tracked in the portfolio. The asset classes were divided in different portfolio modules- 3 from cash segment (stocks, fixed income. etc.), 3 different derivative instruments (forex, commodities. etc.), 1 for mutual funds, 1 for Insurance and 1 for tracking net assets.
3. Transaction Statement & Portfolio Holdings Module
This module works as a backend brain and calculates and keeps track of what happens in the portfolio with respect to automatically adding entries for buy/sell of different asset classes.
1. Advisor Panel
This is the brain of the entire project. It is responsible for delivering customized advisory stock tips via SMS, E-Mail and Yahoo IM at the click of the button.
2. Chat Applications & Live Support
Live Support application and a chat application which is for the users to interact amongst themselves.
3. Group Management & Performance Page
The advisors can manage their client groups and issue logins and show their performance on the portal.
4. Quotes Application
This application delivers quotes either live or end of the day for the entire application.
5. Website Design & Registration Page
Registration page should allow users to sign up for regular services on the portal and advisors by paying money.
Technologies being used for this solution: Windows, Linux, DreamWeaver, PHP, Javascript, Internet Explorer, Firefox, Opera, MySQL.
The Result: Decos team built the portfolio management application and the portal of 15 pages with rich user interface. Decos took care of all the requirements of the client and built the modules mentioned above to give the complete solution. The project was developed by a team of 4 highly experienced and talented PHP specialists. The project took 6 months to complete and Decos is working on the maintenance of the portal for the client.