Jun 24, 2021
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Credit Scoring SaaS App for Financial Organizations
Ongoing

Credit Scoring SaaS App for Financial Organizations

$75,000+
2-3 months
United States
2-5
view project
Service categories
Service Lines
Cloud Consulting
Software Development
Web Development
Domain focus
Banking & Financial Services
Frameworks
Ruby on Rails

Challenge

The client is a startup company that is providing credit scoring services using non-traditional data sources to various financial organizations, Banks and Micro financial institutions in the first place. The client contacted Itexus looking for a financial technology partner to implement the core product and become a local services partner to them.

Solution

Statistical module providing a web services API to various clients such as a website or end client’s software Web site interacting with the statistical module through the web services The system can be uses on a SaaS module or can be installed on customer’s servers. The statistical module can be operated through the web interface or can be integrated with customer’s software. The SaaS system is capable of handling large volumes of data and high computational load through horizontal scalability Neural Network, Logistic Regression and Decision tree mathematical algorithms or credit scoring are implemented

Results

Key aspects of the development process: Short two-week iterations and deliveries of product increment versions at the end of each iteration Continuous integration, nightly builds, automatic execution of unit and integration tests Regular code tests by the architect and automatic code analysis using Sonar