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Investis Flife. Nearshore .NET development center.

Business need

Investis Flife is the leading Specialist in Online Investor Relations and Management Reporting in Europe. They serve national and internationally listed companies in 19 countries. Their impressive list of clients includes such companies, as Deutsche Börse Group, Adidas Group, the Bayer Group, Deutsche Post AG (DHL), Siemens AG, Henkel AG & Co, TNT Holding B.V., Beiersdorf, Deutsche Telekom, Swisscom, and METRO AG.

Serving such major corporations, our client had a continuous need to further develop their software team, combined with demands for the highest quality. At the same time they wanted to optimize the development costs of their new software projects without compromising quality, create a smart team with good communication, and work within their company's processes.

Challenge

It was difficult to find the right developers with the best combination of price and quality. Development resources from their local companies were highly professional, but they were hard to find, employ--and they were very expensive.

So our client decided to optimize their costs in order to make their business more effective. Initially they chose other outsourcing options with some of our would be competitors. This created further challenges for Investis Flife.

Most companies looked almost identical, and some offered very low prices. But after trying several alternative options, additional problems appeared:

  • Insufficient communication with client
  • Outsource company barriers between developers and client
  • Outsource company restrictions on direct project management by client
  • Frequently changing developers on projects, and
  • Poor quality resources

So the client's new outsourced specialists almost neutralized the benefits typically received by outsourcing with a professional team.

At this point Investis Flife started cooperation with Binary Studio.

Solution

Binary Studio professionals established (and maintain) long-term, trusted and extremely efficient relations, and built a full-scale virtual nearshore development center.

We continue to provide a stable and professional team, high quality resources at a reasonable price, with direct contact and management from our client.

So we can say that we have overcome their previous outsourcing risks and problems. And we're proud to say that we have been working with this company for more than 3 years. The the list of projects we've done together include core, highly critical applications where the quality is vital and extremely important.

One project we're proud of, ShareMonitor 6, has been regarded as "top of the market" by Investor Relations Magazine, and is used by a number of major publicly-traded corporations, including: Siemens, Deutsche Telecom, Adidas Group, Bayer, Novartis, Roche, Beiersdorf, Swisscom, TNT, Danske Bank and Deutsche Post-DHL.

Other projects were equally critical with demands for consistent, high quality. We're also very proud of our sucesses supporting Investis Flife with full management freedom,open communiation with their team, and our flexible integration of their processes. This began with the schedule of unit tests they did and finished with quarterly visits of our client managers.

Projects we did together


ShareMonitor 6

ShareMonitor 6
Background

Developed for Investis Flife, ShareMonitor 6 is an interactive stock charting tool that shows share information in depth, placing it in the wider context. Besides share prices, the application displays company news, dividends, latest trades, trade volumes, key benchmarks and historical price-data. Even insider trading can be shown. Comparisons can be made against relevant indices, disclosures and competitors’ share development. ShareMonitor 6 has been regarded as “top of the market” by Investor Relations Magazine, and is used by a number of major publicly-traded corporations, including: Siemens, Deutsche Telecom, Adidas Group, Bayer, Novartis, Roche, Beiersdorf, Swisscom, TNT, Danske Bank and Deutsche Post-DHL.
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Objectives
The objectives of the ShareMonitor 6 project were to:
  • Provide financial analyst with Web-based access to rich-graphic reporting tools to assist in analysis of financial performance of shares of publicly-traded entities
  • Provide real-time presentation of market trade data of company and competitor shares
  • Provide a Web-based investment calculator to show the change in price and yield as well as the total return and annualized total return
  • Allow users to search a company’s historical share prices and trend historical performance against those of competitors, which users may export to Microsoft Office Excel for further analysis and/or distribution
Platforms, Languages & Technologies
The following platforms, languages and technologies were used in the development of the ShareMonitor 6 project:
  • Windows Server 2003
  • MS SQL 2005
  • Oracle 10g
  • C# / VB.NET
  • XML / XSLT / XPATH
  • ASP.NET 2.5
  • ADO.NET
  • Microsoft Office COM add-ins
  • Web Services
  • Dundas Chart for .NET

IR Mobile

IR Mobile
Background
Developed for Investis Flife, IR Mobile is a mobile share tracking service that extends key aspects of Share Monitor 6 to mobile devices.
In addition, with IR Mobile, users can create SMS and mobile-email alerts that are triggered based on stock performance markers or corporate disclosures and releases. IR Mobile also incorporates extensive text-to-speech functionality, to allow users to listen to reports on their mobile device.
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Objectives
The objectives of the IR Mobile project were to:
  • Provide financial analyst with Mobile Web-based access to stock graphic reporting tools to analysis of financial performance of shares of publicly-traded entities
  • Provide mobile access to real-time market trade data of company and competitor shares
  • Allow users to create and receive alerts and reminders based on key performance indicators, or scheduled company events, disclosures or conference calls
  • Provide text-to-speech access of report summaries and detailed reports, available via mp3
Platforms, Languages & Technologies
The following platforms, languages and technologies were used in the development of the IR Mobile project:
  • Windows Server 2003
  • Oracle 10g
  • C#
  • XHTML / CSS
  • ASP.NET 2.5
  • Openwave Simulator 7
  • Web Services
  • Dundas Chart for .NET

InsiderRegister

Insider Register
Background
Developed for Investis Flife, InsiderRegister is a service that allows client companies to quickly and easily provide up-to-date insider information online. Updated daily, InsiderRegister displays a complete, insider list, including their full ownership disclosure and any changes in ownership.
InsiderRegister integrates with the data sources of tax inspectorate registries of multiple countries via XML Webservices.
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Objectives
The objectives of the InsiderRegister project were to:
  • Develop an automatically updated service that provides detailed information on company insiders, their share/option holdings
  • Provide the option to track and display individual insider buy/sell information
  • Display insider transactions as events in the ShareMonitor 6 timeline
  • Allow the ability to store and archive individual reports
  • Provide administrators the ability to establish and monitor inspectorate registry datasource connections through a Win32 application
Platforms, Languages & Technologies
The following platforms, languages and technologies were used in the development of the InsiderRegister project:
  • Windows Server 2003
  • Oracle 10g
  • C#
  • XHTML / CSS
  • ASP.NET 2.0
  • Web Services
  • .NET Framework 3.0
  • WWF

ShareEvents 2.0

Share Events
Background
Developed for Investis Flife, ShareEvents 2.0 allows the management of financial events calendar and distribution information to subscribers and targeted groups. The service includes the ability to schedule and send alerts via email and/or via SMS to inform shareholders, analysts and as well as company management and employees.
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Objectives
The objectives of the ShareEvents 2.0 project were to:
  • Present company financial calendar in a way that is intuitive, browseable and easily searchable
  • Enable calendar item attachments to allow additional files or links to be associated with an individual calendar record
  • Allow calendar administrators to independently manage their company financial events calendar
  • Allow calendar administrators the ability to easily populate the public calendar by importing events from Microsoft Office Outlook or Excel
  • Allow the ability to store and archive individual events
  • Enable one click integration with Microsoft Outlook, to allow end-users to auto-populate their personal calendar with corporate financial events
Platforms, Languages & Technologies
The following platforms, languages and technologies were used in the development of the ShareEvents 2.0 project:
  • Windows Server 2008
  • Oracle 10g
  • C#
  • ASP.NET 2.0
  • Open XML SDK / Outlook SDK
  • Web Services
  • JavaScript / AJAX
  • NHibernate
  • NVelocity
 

They say about us


We started the cooperation in spring 2006 with a comparatively small project and are now working together in even our core-products. Approximately in a year after the beginning of the teamwork, we have twice increased the volume of the contract. This was possible, because Binary Studio provided us with motivated and capable software developers. We are aiming for a long-term cooperation.

 

 
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