MAIN INFORMATION
REGION: Luxembourg And Europe
INDUSTRY: Financial Services And Banking
TYPE: Web
ENGAGEMENT MODEL: Time And Materials
DURATION: Three Years
STAFF: A Business Analyst, A Project Manager, 2 DevOps Engineers, 5 QA Specialists And From 12 To 16 Middle-To-Senior-Level Developers
INDUSTRY: Financial Services And Banking
TYPE: Web
ENGAGEMENT MODEL: Time And Materials
DURATION: Three Years
STAFF: A Business Analyst, A Project Manager, 2 DevOps Engineers, 5 QA Specialists And From 12 To 16 Middle-To-Senior-Level Developers
BUSINESS NEEDS
A startup from Luxembourg used Ensoft to build software for collaboration on documents related to bond.
CHALLENGES
Bond issuing is a complex process. It involves several parties who need to exchange documents, conduct due diligence, ensure legal compliance and go through multiple levels of approval. Sometimes the parties need to prepare dozens of contracts which only differ in a few clauses. All of that takes a lot of time and effort.
One startup based in Luxembourg set out to improve the process. They came up with an idea for an application that would semi-automate agreement creation and allow multiple parties to collaborate on finalizing them. And the idea was so appealing it got investors from the top 10 worldwide investment banks on board.
The startup first hired a freelance developer to build the application. But the developer soon realized the project was too heavy for them to handle and suggested Ensoft as a replacement. We quickly fielded the right team, and the startup chose to go ahead with us.
One startup based in Luxembourg set out to improve the process. They came up with an idea for an application that would semi-automate agreement creation and allow multiple parties to collaborate on finalizing them. And the idea was so appealing it got investors from the top 10 worldwide investment banks on board.
The startup first hired a freelance developer to build the application. But the developer soon realized the project was too heavy for them to handle and suggested Ensoft as a replacement. We quickly fielded the right team, and the startup chose to go ahead with us.
RESULTS OBTAINED
We built a stable, high-performing product with complex architecture in almost three years. As investment flowed in, our client felt their confidence grow, and ended up building their own in-house team. Today, they are a successful company with a sizeable workforce distributed across Luxembourg, the United Kingdom, Portugal and France.
