FincapNet | Case Study

Case Study: FincapNet

FincapNet is a pioneering investment management firm that harnesses cutting-edge technology to optimize hedge fund strategies. Our mission is to democratize access to investment opportunities, simplifying the process through technology-driven solutions and data analytics.

Industry | Fintech

Project Overview

The Hedge Funds industry has experienced rapid growth, reaching a record $3.8 trillion in assets under management (AUM) in 2021. FincapNet offers investors a chance to diversify their portfolios and potentially achieve higher returns. Leveraging cutting-edge technology, we strive to optimize returns while minimizing risk, providing a compelling investment opportunity.

Key Findings

The following are some of the key findings of the project:

Onboarding Hedge Funds & Allocators

This posed a significant challenge during the application’s development phase, as it is a critical component of effective Hedge Fund management.

Onboard Funds & Gather Their Data

Collecting and integrating fund data was a complex task, as accurate information about the funds was a fundamental prerequisite for the application’s development.

Hedge Funds & Allocator Community

We enabled user-to-user and allocator-to-allocator communication, presenting a unique challenge as we aimed to foster a vibrant community of engaged users.

Problem Statement

During the journey, Xeltec faced the following challenges:

Tracking & Gathering Fund Data:

Tracking and aggregating diverse fund data is complex, compromising timeliness, accuracy, and integration, and hindering informed investment decisions.

02 Operational Efficiency:

Enhancing operational efficiency helps Hedge Funds streamline processes, cut costs, and boost performance, leading to better risk management and higher returns.

03 Cybersecurity Risks:

Mitigating cybersecurity risks is vital for Hedge Funds to safeguard sensitive data, prevent unauthorized access, and avoid reputation-damaging breaches.

Implemented Solution

Xeltec implemented the following solutions for the above-stated problems:

Improved Data Tracking

RabbitMQ and Quads enable efficient tracking and aggregation of fund data by providing reliable messaging and workload management capabilities, ensuring seamless data exchange and optimized task scheduling.

Enhancing Efficiency

Xeltec implemented tools to improve efficiency such as SES, Twilio, SignalR, CloudWatch and Elastic Container Registry. These tools allowed for stream lined communication and better operational efficiency.

Cybersecurity Risk Solutions

Xeltec implemented multiple security measures such as email and phone verification, OTP sign in, regulated session times and cross origin protected API’s to minimize risk to the clients data.

Results

Xeltec integrated advanced technologies with fund management systems, enhancing efficiency and enabling the launch of FincapNet. The platform achieved rapid growth, reaching 250+ companies within six months.