Services
Web Development
Industries
Financial Services
Product
CRMa is a software and service provider to community financial institutions (banks and credit unions) to help them manage their credit risk. A key part of the regulatory oversight of these institutions is an accurate valuation of the risk contained within their loan portfolio or the Allowance for Loan and Lease Losses (ALLL.) CRMa’s ALLL product is a self-service tool to calculate the ALLL for a portfolio based on a choice of well-accepted calculation methodologies.
Business needs
- Develop a comprehensive platform to support CRMa’s future products.
- Integrate the ALLL product into this new platform to enhance functionality and accessibility.
Suggested solutions from svitla
- Assembled a dedicated team comprising 5 developers and a part-time Project Manager to coordinate development efforts and manage the Svitla team.
- Designed and deployed a Ruby on Rails web application to serve as the foundational platform.
- Developed financial calculators as modular components within the platform.
- Implemented a user interface facilitating the uploading, maintenance, and management of portfolio data, including calculation configuration, execution, and scenario-based storage and reporting.
- Established and implemented a comprehensive test automation framework to ensure robustness and reliability.
Technologies
Frontend Technologies: HTML5, CSS, JavaScript, JQuery
Backend Framework: Ruby on Rails
Databases: PostgreSQL, Redis
Deployment & CI/CD: Heroku, Jenkins, Linode
Value delivered
- Delivered a fully functional, scalable web application platform that could seamlessly integrate new products, reflecting a commitment to future growth and adaptability
- Implemented a mature and flexible test automation framework, enhancing the platform's reliability and efficiency.
- Launched a sophisticated, user-friendly ALLL calculation tool that empowered bank representatives to independently manage risk assessments using documented and auditor-approved methodologies, promoting greater transparency and compliance.
Customer quote
Eric Rackley
SVP of Technology, CRMaCRMa provides software services to community banks, regional banks, and credit unions. Their services help banks to manage their credit risks in loan portfolios. Svitla has developed UI, HTML, CSS and Bootstrap, a middle layer in Ruby, and works with a PostgreSQL database. The software is rather sophisticated but Svitla managed to do a great job by speeding up its processes.
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