Modernizing Financial Operations with a Secure Client Asset Management System

SmartDev partnered with a UK-based fintech platform to build a secure SaaS solution supporting FCA CASS compliance for managing client money and assets. The platform consolidates investor onboarding, mandate management, transaction processing, reconciliation, and reporting into a single web portal, integrating Open Banking APIs and eKYC services to replace manual workflows and improve operational accuracy.
Effectif

1 Business Analyst, 5 Developers, 2 Testers, 1 DevSecOps, 1 Project Manager, 1 UX Designer

Industries

BFSI

Produits et services

Développement de logiciels

Échelles de temps

Since 2025 (on-going)

Pays

ROYAUME-UNI

Aperçu de l'entreprise

This venture capital firm, based in Stamford, UK, specializes in early‑stage investments, focusing on pre‑seed and seed B2B SaaS startups. Founded in 2013, it has built a portfolio of over 150 companies, providing both capital and strategic support to help startups scale and achieve growth. The firm operates tax-efficient SEIS and EIS funds, offering investors access to high-potential opportunities with UK tax benefits.

Beyond funding, the firm offers hands-on support to founders, providing strategic guidance, operational advice, and access to a network of industry experts. With a strong track record of profitable exits, it remains a trusted partner for entrepreneurs seeking to scale their businesses quickly, particularly in the SaaS space. The firm continues to support the next generation of UK-based software companies with a focus on innovation and long-term success.

Les défis

  • Complex FCA CASS compliance requirements: The platform must meet strict UK regulations for safeguarding client money and assets, requiring accurate reconciliation, secure data handling, and complete audit trails.
  • Manual and fragmented financial workflows: Core processes such as mandate recording, transaction allocation, and reconciliation were managed through spreadsheets and disconnected systems, increasing operational risk and reducing efficiency.
  • Integration with banking and eKYC providers: The platform needed seamless integration with Open Banking APIs and identity verification services to enable secure onboarding and financial transactions.
  • Need for scalable and secure architecture: The system must support multiple regulated firms with high performance, strict data segregation, and enterprise-grade security controls.

Les solutions

  • Designed compliance-ready system architecture: SmartDev built a microservices-based platform designed to support FCA CASS requirements, including detailed audit logging, secure ledger logic, and structured reconciliation workflows to ensure financial transparency and regulatory readiness.
  • Digitalized end-to-end financial workflows: Automated core processes such as mandate management, transaction execution, and asset allocation, replacing manual spreadsheets with a centralized system that improves accuracy, efficiency, and operational visibility.
  • Integrated Open Banking and eKYC services: Connected Open Banking APIs for retrieving bank data and initiating transactions, and integrated eKYC verification via webhook automation, enabling seamless investor onboarding and reducing manual verification effort.
  • Implemented enterprise-grade security and scalability: Applied OAuth2 authentication, TLS encryption, role-based permissions, and penetration testing readiness to ensure secure data protection while enabling the platform to scale for multiple firms and high transaction volumes.

Nos piles technologiques

Réagir
Manuscrit
SuivantJS
TailwindCSS
Ant Design
Node.js
NestJS
Zod
API GW
Postgres
MongoDB
Redis
AWS
Cloudflare
Chien de données
Prisma

Core functions

Investor onboarding & identity verification

Secure onboarding workflows with role-based authentication and eKYC integration, enabling financial institutions to verify investor identities efficiently while ensuring compliance with regulatory requirements.

Mandate & transaction lifecycle management

Record investor mandates, process transaction instructions, and execute cash or asset allocations through structured workflows designed to ensure accuracy, traceability, and regulatory compliance.

Automated reconciliation engine

Perform internal and external reconciliation of client money and assets, ensuring data consistency across financial records and supporting periodic regulatory checks under FCA CASS requirements.

Audit trail, reporting & compliance dashboard

Provide real-time dashboards, CMAR reporting, and full audit logs, allowing firms to monitor activities, generate compliance reports, and maintain transparency for internal and external audits.

Client’s Testimonial

"SmartDev combined strong technical expertise with a deep understanding of compliance-driven platforms, helping us build a scalable foundation for our product with confidence."

- The founder of the client -

Commencer

Vous avez un projet en tête ?

With SmartDev, you gain access to a wide range of expertise to seamlessly migrate your systems and optimize your cloud infrastructure. Share your vision with us, and we’ll respond by the next business day. Our team is ready to help your business unlock new opportunities and drive innovation.

Commençons aujourd'hui

Abonnez-vous à notre newsletter

Gardez une longueur d'avance dans le monde de la technologie avec SmartDev ! Abonnez-vous à notre newsletter pour recevoir les dernières actualités, mises à jour et informations informatiques.