Client

clinicjot

One of Europe’s leading Wealth & Investment Management group with over 40,000 HNI clients spread across 80 countries in Europe, Asia and America. The client offers wealth management, investment management and other financial services across multiple countries, primarily catering to HNI expats in multiple countries.

Project

Pre-paid Mobile Wallet

deVere Group, an Asset Management & Insurance company wanted to build a Digital Wallet with prepaid digital card for its High Networth Individuals across the globe.

Business Challenge

The client’s primary customers are global citizens who are essentially HNI expats traveling across multiple countries. To cater to their elite clientele and offer them a truly innovative solution, the client wanted a next gen digital fintech platform that would provide all of the client’s top financial services on a digital platform.

With competition increasing from challenger banks, fintech apps and digital banks, client wanted a comprehensive digital fintech solution that would retain it’s existing clientele and offer a complete solution with competitive rates and innovative features.

business challange

Our Solution

Considering the client’s focus group (global HNI customers), QuadLogix identified client’s primary business offering and accordingly built a fintech platform where all of the client’s main services could be offered on a digital platform.

Primarily the client was looking to build a digital fintech platform that could offer –

  • Instant Load & Withdrawal of funds via digital devices (smartphones, tablets)
  • Multi-currency exchange
  • Remittance of funds globally
  • Prepaid digital wallet
  • Virtual/Physical prepaid card

This fintech platform includes iOS & Android apps that offer all of the above features as well as a robust backend web application for client’s team. The system works with multiple 3rd party service providers such as Payment Gateway, Currency Exchange, Payment Processor, NFC etc.

clinicjot-dashboard
clinicjot-app

Benefits

Vault digital fintech platform has enabled the client to offer financial services in a fully digital format thereby allowing client to not only retain existing customer but add new ones at a rapid pace. The customers on the other hand have been enjoying a seamless digital experience that allows them to exchange currency, transfer money, add/withdraw funds, remit funds etc.

Salient Features

  • GDPR Compliant.
  • Open Banking/ PSD2 enabled.
  • Tokenization based cards.
  • OAuth 2/ Open-ID standards.
  • Chatbot based support.
  • Integrated Web based backend management.

Differentiators

  • Intuitive & Seamless user experience.
  • Scalable Architecture.
  • Data Driven Analytics.
  • Smart Reports.
  • Open APIs for 3rd party integrations
  • Integrated eKYC module

Framework and Technologies

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