{"id":75879,"date":"2024-07-03T10:47:13","date_gmt":"2024-07-03T08:47:13","guid":{"rendered":"https:\/\/www.skaylink.com\/?p=75879"},"modified":"2024-11-11T15:19:56","modified_gmt":"2024-11-11T14:19:56","slug":"simcorp","status":"publish","type":"post","link":"https:\/\/www.skaylink.com\/en\/case-studies\/simcorp\/","title":{"rendered":"SimCorp creates innovative and user-centric software with the InvestApp"},"content":{"rendered":"\t\t
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Home<\/a><\/span><\/span><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Case studies<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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SimCorp creates innovative and user-centric software with the launch of InvestApp<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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InvestApp is one of SimCorp’s freshest cloud solutions – an excellent tool for meticulous financial analysis.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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SimCorp offers efficient, flexible front-to-back solutions, providing clients with either a SaaS (Software as a Service) platform or on-premises solutions. They encompass 6 global delivery centers and 30 international offices.<\/p>

In November 2023, SimCorp announced a merger with Axioma. By integrating Axioma\u2019s best-in-class asset class coverage, premier risk management, and portfolio construction and optimization tools natively within SimCorp, their customers can leverage an industry-leading investment and risk management technology platform.<\/p>

SimCorp was founded in 1971 and is today a subsidiary of Deutsche B\u00f6rse Group.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The challenge<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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As part of this strategy, SimCorp, in collaboration with cVation (part of Skaylink), chose to develop a proof of concept (PoC) project with modern \u201coff-the-shelf\u201d web technologies, such as Angular, AG Grid, and Apache ECharts etc.<\/p>

The successful PoC laid the foundation of the development of InvestApp, which is part of SimCorp\u2019s Investment Analytics Platform whose main purpose e.g. is complex financial calculation of returns and attribution based on direct interaction with the user and how various key figures are found in an intuitive and easy way.<\/p>

As partners to SimCorp our overarching role was to help leverage the opportunities presented by modern application and cloud development.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The solution<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The InvestApp product itself consists of a modern UI application developed in the Angular web framework, which demonstrates the potential of the Investment Analytics APIs. In addition to the UI and frontend project, cVation has been responsible for delivering the backend for the persistence of user configurations, which is based on the latest .NET and NoSQL technology.<\/p>

As part of the solution, the infrastructure was also built. The delivery consisted of infrastructure-as-code using Azure cloud PaaS services, Bicep and CI\/CD in YAML.<\/p>

The app\u2019s user interface is elegant and minimalistic in its expression, and the very focal point of this SaaS solution are the analytical results.<\/p>

The basic development method used in the project is full CI\/CD, with which every single change and \u201ccommit\u201d to the main system is sent directly into production. This is why strict quality assurance is required, so that no errors are sent out and through to the actual application. Therefore, as part of the guardrail and methodology framework, changes undergo automatic testing and require approval from POs before being released for production.<\/p>

As with all applications, security is incredibly important and absolutely central. Therefore, OpenID Connect was implemented to support a limited multi-tenant setup. This was also implemented by cVation in accordance to the requirements of SimCorp\u2019s enterprise architects.<\/p>

Users log in directly on the user interface and immediately gain access to a wide range of live financial data thanks to SimCorp\u2019s backend APIs. The user interface is built with Angular Material UI components to give it a user-friendly and modern look.<\/p>

The interface primarily consists of several graphic \u201cmaps\u201d (graphs, tables, diagrams), as part of a dashboard. Each map is specifically designed to display information related to the respective area. The presentation of data and parameters (e.g. currency, calendar, benchmarks, etc.) is dynamic and user-adapted and the navigation is intuitive. The data is also flexible by e.g. interactive tables and graphs. Flexibility is also incorporated into the workflow as the list is contracted in the top screen and lets users jump easily between cases and portfolios.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Technologies used:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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InvestApp is developed with following Microsoft technologies:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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