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Personal Finance Management System

e-Commerce
Python
Cloud-Native
FinTech and Banking
PostgreSQL
Java

Description

The Altoros team developed a back end functionality of the online financial tool that lets users track their credit card and bank account debts. The system makes suggestions and creates a plan to eliminate such debts. This Java application provides rich integration capabilities with third-party accounting and banking services.

The сustomer

The customer decided to create a free online financial tool that analyzes user’s financial situation collecting information from his/her credit cards and bank account and offers a plan on how to get the user out of debt.

The need

The customer turned to Altoros to develop the back end of the system to securely connect to users’ bank and credit card accounts.

Altoros had to create the following functionality:

  • Enable integration of system’s front end, which is written in Python, with Yodlee—an online account aggregation and financial services tool
  • Allow the system to support multiple databases
  • Create the business logic for data processing
  • Enable the system to parse the user account information in the Bank of America and the US Bank.

The challenge

The Yodlee system has some built-in connection issues: the connection fails and the user session gets interrupted every two hours. We had to figure out how to recover sessions, so that the users would not lose some important data.

The solution

Our Java developers conducted a thorough investigation of Yodlee, studying all of its features. To solve the connection issue, we developed the Connection Manager that automatically checks if the session is valid. When the session is interrupted, the Manager recovers it and continues executing the specified command.

The outcome

The Yodlee integration module was developed as a Web service and integrated with Python-based front end of the system. This solution helped our customer greatly cut down development time and costs.

The system is highly scalable, the front end is written in Python, while the back end is created in Java. The customer can scale the system endlessly.

The service shows stable performance, user’s sessions are not interrupted, and all the data is processed with the highest level of security.

Technology stack

Server platform

Linux, Java 1.6, Axis Web services, Google RPC calls

Client Platform/Application Server

Tomcat 6

Programming languages

Java, Clojure, Python

Technologies

Spring, Hibernate, RPC, Yodlee

Databases

PostgreSQL

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Alex Tsimashenka
Business Development Director
a.tsimashenka@altoroslabs.com
Headquarters
+1 (650) 419-3379
Toll-Free
1-855-ALTOROS