Finance

Forex Solution

Custom-built FX trading and payments solution supporting 34+ currencies for a global foreign exchange provider

Overview

Providing customers with access to global currencies and international payment services without foreign exchange risks was the client’s core business. Ludych developed a secure trading platform supporting 34+ currencies with instant quotes, multi-gateway payment processing, market orders, batch trading, Fix Protocol integration with banks, and multilingual website access, all with no minimum transfer amounts or hidden charges.

Customer

A UK based foreign exchange provider delivering secure digital solutions for currency exchange and international remittance services.

United Kingdom

Challenge

Implementation of secure trading platform that ensured optimal security of information during transmission of data
24/7 availability of trading platform with online support via "Live Chat" and telephonic support to enable payment submission
Allowing the user to connect through a simple and easy setup process
Developing safe and secure way to operate client transaction accounts for the clear purpose of buying and selling currency only
Offering access to multilingual websites with more than 34 currencies
Provision for multi-user access with varying security levels
Developing a trading solution that supports no minimum transfer amounts or hidden charges
Facilitating quick and instant quotes with shopping for the best rate

Solution

As one of the leaders in custom software development, Ludych developed a trading and international payment platform that controls all the transactions combined with minute information about the market. We offered cutting-edge innovative features.

Manage Account

Balance View

Allows users to view current balance in their account as per currency set up.
Add or Amend Payee, Payment Template

Manage payee information and their payments for users to create a new payment template from excel file format.
Account Statement

Provides account statement summary for the selected time-frame. Also, the user can view a detailed account statement.
Credit/Debit Statement

Ability to have a credit/debit statement summary for the selected time duration.
Manage Users

Allows management of users and along with their personal details.
Direct Debit

If this option is enabled by the admin, the user can add beneficiary details.
Manage Profile

Users can manage Personal Information, Address Details, Time Zone, and Contact Details.
Identity Verification

Users can upload a document for Photo Id, Address Proof, Company Proof.
Settings

Administrators can manage customer level fees, margins, trade limits, and client risk. This provides a personalized experience to the customers.

Expertise

Tools & Technologies

Microsoft.NET
C#
Visual force
apex
Microsoft Visual Studio and Salesforce
Microsoft SQL Server
Windows Server

Result

Ludych’s dedicated software development team created this comprehensive and a secure trading solution for a UK-based client which enabled the client to provide highly competitive rates for international payments. Ludych’s software solution benefitted the client’s business dramatically with benefits such as

Lowered operating costs with less overhead involvement.
Simple, fast, and cost-effective solution to withstand dynamic market changes.
Great flexibility and accessibility to more than 34 currencies.
A varied range of payment transaction types for the easy, controlled and secure international payment.
Unparalleled market intelligence with detailed insights that allowed us to be in touch with the market.

Ready to Build Your Custom Application Solution?

Ludych is a reputed CMMI level 3 software and mobile app development company. When it comes to software development companies, Ludych strives to be the best.

Request a Proposal