Fintech Project
Revolutionizing Corporate Credit Assessment
Development and Implementation of a Modern Credit Simulator for a Leading Romanian Bank.
The project involved developing a Corporate Credit Simulator for a leading Romanian bank, aiming to enhance the credit assessment process for corporate clients. The bank’s existing tool, an Excel-based application, was outdated, difficult to use, and lacked integration capabilities with the bank’s existing systems. The tool’s limitations included a lack of user-friendliness and an inability to support a structured pricing approval workflow.
Additionally, only one individual had comprehensive knowledge of the tool, and there was no existing documentation, posing a significant risk to the continuity of the process.
Project Transformation
1 — Challenge and Scope
Modernizing and Integrating a Critical Pricing Tool
2 — Solutions
The project focused on developing a new application built on modern, scalable technologies.
3 — Business Impact
Enhanced Efficiency
Modernized Platform and Enhanced User Experience
Replaced an outdated Excel-based tool with a modern application, significantly improving the credit assessment process for corporate clients.
Better Processes
Connected the new system to the bank’s existing setup, helping all steps work together smoothly.
Wider Use
Built a tool that more people can use by removing the need for special knowledge or training.
Knowledge Backup
Reduced risks by documenting the system and no longer relying on just one person to understand it.
Ready for Growth
Used technologies like Spring Boot, Angular, and PostgreSQL to handle future needs and bigger data loads.
Quicker Decisions
Added a price estimation tool to help users quickly run simulations and create offers.
Reliable Deployment
Used RedHat OpenShift to make sure the app works well and can handle more users in the future.
4 — Technologies and Tools
These technologies are chosen to align with client goals, ensuring innovative and impactful results.
5 — The Team
By combining technical proficiency, creativity, and effective communication, our teams consistently transform challenges into opportunities, driving success across industries.
Tech Lead
Guided the technical strategy and ensured the successful execution of the project.
Backend Developers
Built and maintained the server-side systems and APIs, ensuring reliability and performance.
Frontend Developers
Designed and developed the user interface, focusing on making it easy to use and visually clear.
Business Analyst
Worked with the bank’s team to understand requirements, define processes, and ensure the solution met all needs.
