Social Platform to Manage Financial Aspects with discover and Manage your Financial Standing with Portal & Interactive tool for Financial Wealth Creation

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Case Study
Social Platform to Manage Financial Aspects

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Client is a web application which will provide a financial platform with a mission to incentivize
financial responsibility through Education (Library), Competition (Rankings) and Reward
(accumulation of points to certain levels = rewards). Specifically, with the help of this application
the user gets a financial-social platform to be connected with each other; share and get solutions
over their financial problems and get rewards by managing their financial statements. Financial
Service providers can provide their details in the resources section so that user can find and avail
these local financial service provider’s services. Users can provide their own review regarding
these financial service providers.
Client is a financial web platform for the individuals to manage their financial aspect. Client
provide platform where users can generate various reports to analyze their income and expense.
Once user provides various inputs they are able to generate value creation component. Platform
provides various competitive, compass reading and other reward summary to motivate users to
participate on platform.
Client is basically divided into community and finance section.
Community section has elements like building associates, board members; invite friends,
discussion in boardroom and water-cooler, FSP resources, libraries and test. Community section
is free to access for all users.
Finance section has finance inputting (Income inputs, Cash flow inputs and Balance Sheet
inputs), reports (Monthly & Annual Income Statement, Monthly & Annual Balance Sheet, Monthly
& Annual Cash flow Statement), vitals. Vitals provide various value creation or competitive data.
Vital sections have competitive ranking, compass reading, reward summary, income statement,
cash flow statement, balance sheet statement competitive and ranking information.
Compass reading provide value creation since inception and for last 30 days. Client provide
access to value creation component either via earning reward points or via paying one time or
recurring subscription.
There is a FSP section for financial service provider to advertise their service offering. FSP can
register and manage their account. FSP can subscribe for various paid activities like featured
listing, priority listing and advance profile.
The team faced the following challenges:
- Incorporating web usability principles while developing numerous features designed
for enhancing the users’ experience.
- Security of user’s finance data is the key challenge of the platform.
- Finance inputting is the biggest challenge of the platform. System has to provide
user’s ability to input very huge data in excel type of grid. There are more than 1000
inputs per finance inputs.
Project Challenges
Client Requirement

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Operating System &
Server Management
Red Hat Linux OS, Multi-Server Architecture with Staging & Production
Environment through Version Controlling releases, Server
Optimization, Security & SSL Implementation, Scheduler for Back-ups,
Alert Monitoring System Integration, Server Performance Tuning at
regular intervals, Software Firewall Configuration & Maintenance
Development Tools &
Environments
PHP5+, Microsoft Visio, Zend Studio, Symfony Framework, SVN, AJAX,
CSS, JavaScript, HTML etc.
Database MYSQL Database Server, DB Clustering, DB Optimization, Master
Slave Replication, Query Optimization, Scheduler for Backups
Project Leader 1
Developers 5
Designers 2
Quality Assurance Testers 1
Technologies Used
Manpower
- For finance inputs there are many background inter-connected calculations to
generate Income, Balance Sheet and Cash flow reports.
- Consistency across input data and report generation is the key challenging area.
- There is very high level of complexity for the finance calculation.
- Ensuring more complex relation between data and their consistency. Each entity or
information is being used in various places in conjunction with other information.
Showing the most relevant information at various places by clear way of presentation
is the main challenge as almost all the information is similar to the different entities.

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The following four-tier development approach was adopted to equip the site with
numerous features and functionality mentioned before:
 The Database layer containing MYSQL Server Database, Tables, Triggers and so on.
 The Data Access layer containing the Data Access DLL responsible for accessing data from
the database.
 The Business Logic layer consisting of all the business logic procedures for varied modules.
 The User Interface layer which forms the Graphical User Interface of the website.
Architecture
N-tier architecture was adopted to efficiently meet the needs of the enormous application. Following
are the layers involved which are loosely coupled with each other:
 User Interface Layer: This will include the page level layer which will be accessing the other
layers beneath to present the data.
 Business Specific Layer: This acts as a bridge between the User Interface layer and
Database layer. This will contain all the business logic for the different components involved in
the project.
 Database Specific Layer: This acts as a bridge between the physical database and the
business logic accessing the data.
 Physical Database Layer: This includes MYSQL with the tables, views, stored procedures etc.
Development Highlights
The design approach was built around PHP 5 and MYSQL SERVER 5 due to the financial nature of
the application. In order to most effectively access the database in an object-oriented context,
an interface translating the object logic to the relational logic was used to communic ate with the
relational databases in an object-oriented manner. An intermediary abstraction layer was
created for accessing data from the database. Triggers, Stored Procedure and Custom MYSQL
functions were used only for complex calculation of data from multiple tables and were utilized
heavily with the conditional syntax to ensure smooth performance of the website.
The UI layer was kept free of any business logic with images, applications and data being called
from their respective servers. Web usability guidelines were strictly followed during development
and the interface was made easily navigable through the judicious use of AJAX, CSS3 and
HTML5 controls. The application was developed and fully functional within a span of 7 months.
Planning