Efficient preparation of financial reports
Investor Awareness Program (IAP) calculator is a FinTech App that allows users to make smarter financial decisions and achieve their financial goals efficiently.
IAP calculator collect user’s info and provide effective financial features like Tax calculator, SIP (Systematic Investment Plan) calculator, Retirement calculator, etc.
Our client Right Horizons is based in India with active presence in Bangalore, Hyderabad and Chennai. They provide customer/client centric financial solutions.
Financial solutions offered by IAP calculator include financial planning, retirement planning, managing wealth, managing estates, etc.
IAP calculator also provides its customers and clients with a strong analyst team who monitors and tracks investment portfolios of their customers and clients round the clock ensuring smarter and profitable results.
The practical challenge for us was to ensure that the functionality works in each scenario and a user gets right amount of tax and saving calculations and reimbursement on case to case basis.
To ensure efficient calculation we had to ensure that user interface is easily understandable and app refreshes prior to each calculation.
Our client’s goal is to provide users the ability to calculate their tax, make systematic investment plans, calculate child education expenses, and calculate retirement funds.
IAP calculator allows users to focus on the funds of their future and their future goals. It gathers user’s information, collects the financial data stored or added by the user in the IAP app and uses it to formulate a pattern to provide smarter financial suggestions.
Calculate the amount of income tax that the user had to pay
Calculate the future value of the payments a user had to make
Users could calculate their financial expenses and make long-term plans and goals
Users nave the ability to access their retirement fund or retirement money
Graphical representation of the results provides better understanding of the results
App refreshes the calculations and clears cache prior to each input for accurate calculations
Students can use the tax calculator to calculate the student loans to paid by making smart decisions with effective payment scheduling.
Users can make smart decisions after retirement automatically by just giving inputs such as age, current monthly expenses, ROI, etc.
Calculate the futuristic value of the investment they make in mutual funds or Fixed deposit (FD) or public provident funds (PPF)
Efficient preparation of financial reports
Best at monitoring and adjusting investments
Execute financial functions and conduct efficient assessments.
Effective management of calculations through separate APIs for each calculator
“They were responsive overall. If we needed quick changes to be made, SoluLab set up meetings and kept clear lines of communication to understand and diagnose our ongoing issue. From a project management perspective, they handled the work well.”