Case Study: FinTech Software Development for Limpid Markets
Challenge
Limpid Markets is a sophisticated web-based FinTech platform designed to serve financial institutions on the London and Zurich OTC interbank markets. Developed as an innovative startup, the solution enables participants to exchange indicative prices and trade-related information on precious metals efficiently, securely, and in real time — reducing reliance on traditional brokers and lowering transaction costs.
Due to rapid user growth and a shift in the original development team’s role to consultancy, Limpid Markets required a new, dedicated development partner capable of maintaining, enhancing, and scaling the platform.
Before engaging with IT Craft, the Limpid Markets platform already had a stable foundation, but the client faced multiple challenges typical for high-profile financial systems:
- Seamless Handover and Knowledge Transfer
The departing development team moved into advisory roles. The client needed a new team that could quickly take over and deliver without disrupting live operations.
- High Availability and Performance under Load
The system had to remain available 24/7/365 for global users across time zones while maintaining rapid system performance under heavy usage.
- Fault Tolerance and Security
Given the financial nature of the platform, fault tolerance and a robust security model were non-negotiable. Any technical issues could directly impact trading operations and trust.
- Feature Expansion and Integration Needs
The client required robust features such as customized order visibility and third-party banking API integrations to meet the evolving demands of institutional users.
Limpid Markets is a sophisticated web-based FinTech platform designed to serve financial institutions on the London and Zurich OTC interbank markets. Developed as an innovative startup, the solution enables participants to exchange indicative prices and trade-related information on precious metals efficiently, securely, and in real time — reducing reliance on traditional brokers and lowering transaction costs.
Due to rapid user growth and a shift in the original development team’s role to consultancy, Limpid Markets required a new, dedicated development partner capable of maintaining, enhancing, and scaling the platform.
Before engaging with IT Craft, the Limpid Markets platform already had a stable foundation, but the client faced multiple challenges typical for high-profile financial systems:
- Seamless Handover and Knowledge Transfer
The departing development team moved into advisory roles. The client needed a new team that could quickly take over and deliver without disrupting live operations.
- High Availability and Performance under Load
The system had to remain available 24/7/365 for global users across time zones while maintaining rapid system performance under heavy usage.
- Fault Tolerance and Security
Given the financial nature of the platform, fault tolerance and a robust security model were non-negotiable. Any technical issues could directly impact trading operations and trust.
- Feature Expansion and Integration Needs
The client required robust features such as customized order visibility and third-party banking API integrations to meet the evolving demands of institutional users.
Solution
To meet these needs, IT Craft assembled a multidisciplinary team of experts and undertook a full project takeover and ongoing platform development based on clear deliverables and transparent communication.
Services we provide:
- Web development
- DevOps
Engagement model:
- Dedicated software development team
Dedicated Development Team
IT Craft provided a team of specialists focused on web application development and FinTech systems. This team executed a systematic takeover that began with a pilot task to demonstrate capability and alignment with expectations.
Key Technical Contributions
- Reliable Real-Time Data Synchronization: Ensured that all users — regardless of location — see up-to-date market pricing and trade information.
- Performance at Scale: Optimized system responsiveness even under high concurrent usage.
- Custom Feature Development: Built features tailored to institutional workflows, including enhanced order visibility and integration with external trading systems.
- Regulatory and Compliance Alignment: Adjusted and implemented system logic to align with regulatory expectations in financial software.
- Ongoing Platform Maintenance: Regular updates and dependency reviews to minimize downtime risks.
- Tech Stack We Used: React, Redux, Symfony, Node.js, Elixir, Docker, AWS, Ansible, and Terraform
To meet these needs, IT Craft assembled a multidisciplinary team of experts and undertook a full project takeover and ongoing platform development based on clear deliverables and transparent communication.
Services we provide:
- Web development
- DevOps
Engagement model:
- Dedicated software development team
Dedicated Development Team
IT Craft provided a team of specialists focused on web application development and FinTech systems. This team executed a systematic takeover that began with a pilot task to demonstrate capability and alignment with expectations.
Key Technical Contributions
- Reliable Real-Time Data Synchronization: Ensured that all users — regardless of location — see up-to-date market pricing and trade information.
- Performance at Scale: Optimized system responsiveness even under high concurrent usage.
- Custom Feature Development: Built features tailored to institutional workflows, including enhanced order visibility and integration with external trading systems.
- Regulatory and Compliance Alignment: Adjusted and implemented system logic to align with regulatory expectations in financial software.
- Ongoing Platform Maintenance: Regular updates and dependency reviews to minimize downtime risks.
- Tech Stack We Used: React, Redux, Symfony, Node.js, Elixir, Docker, AWS, Ansible, and Terraform
Results
The collaboration delivered substantial business and technical results:
Operational & Technical
- Smooth Platform Transition: Rapid and reliable project takeover with minimal disruption.
- Robust, High-Quality Codebase: Thorough testing and high engineering quality minimized regression risks.
- Improved Resilience & Availability: Consistently accessible for a global user base with near-zero unplanned downtime.
- Automated Order Synchronization: Seamless synchronization between the platform and external user systems.
Business Growth
- Enhanced Platform Adoption: Increased activity among major financial institutions, including Citibank, Deutsche Bank, Morgan Stanley, and others (members of the London Bullion Market Association).
- Significant Business Expansion: The client achieved ~40% business growth after implementing the new features and improved infrastructure.
This engagement demonstrates how deep technical expertise and a focused development approach can elevate a mission-critical fintech solution. By prioritizing performance, security, and continuous delivery, the platform not only sustained high-profile institutional usage but also expanded its market footprint in a competitive financial niche.
The collaboration delivered substantial business and technical results:
Operational & Technical
- Smooth Platform Transition: Rapid and reliable project takeover with minimal disruption.
- Robust, High-Quality Codebase: Thorough testing and high engineering quality minimized regression risks.
- Improved Resilience & Availability: Consistently accessible for a global user base with near-zero unplanned downtime.
- Automated Order Synchronization: Seamless synchronization between the platform and external user systems.
Business Growth
- Enhanced Platform Adoption: Increased activity among major financial institutions, including Citibank, Deutsche Bank, Morgan Stanley, and others (members of the London Bullion Market Association).
- Significant Business Expansion: The client achieved ~40% business growth after implementing the new features and improved infrastructure.
This engagement demonstrates how deep technical expertise and a focused development approach can elevate a mission-critical fintech solution. By prioritizing performance, security, and continuous delivery, the platform not only sustained high-profile institutional usage but also expanded its market footprint in a competitive financial niche.