Platform Development for Real Estate Investment Company
Please find under a summary covering project details and feedback. The innate facts are kept as they are, private information is amended.
Introductory information
A fast induction on the buyer’s organisation
I’m a fruit finance controller at Rich Uncles, a organisation that sponsors multiple real lands investment trusts (REITs). Rich Uncles has developed an investment platform where investors can purchase REIT shares. The share proceeds are then used to purchase commercial real lands that have creditworthy tenants. Our REITs take rent from the tenants and distribute that rent to shareholders in the form of monthly dividends.
The platform is excellently intricate and has multiple backend integrations with web application services to facilitate the capture of funds and the issuance of shares. Investors have a dashboard on the platform where they can handle their accounts, purchase additional shares, approach their investment history, set their dividend choice, repurchase shares, process transfers, update banking information, handle user security settings, etc. The platform not only gives users a point of relation to their investments but also to the REITs that the investments are in, the status of those REITs, and the goods that they’re purchasing.
Desired goal
What challenge were you trying to address with STRV?
When I came on board in 2015, Rich Uncles was working with a local vendor that had developed the leading rendering of our website. Though, we needed something a bit more sophisticated and strong. We were looking to sum more web applications.
Provided solution
What particular tasks were responsible for?
STRV redeveloped our platform and built new features. As we implemented more third-party applications, they took what had been previously developed and evolved it to what it is now. They helped us transition from a LAMP stack environment to a full JavaScript stack.
Was there a dedicated team?
We have a pretty extensive team over there. It varies depending on the project, but we congruously interact with 4–5 individuals. If we need to add more developers, we’ll ramp up to 8–10 team members.
How did you come to work with STRV?
A business companion suggested that we extend out to STRV. We liked their fruits, and they had a strong team of front and backend developers who were well-versed in running technology. They seemed innovative and capable of catapulting us to the next level.
What are you approach expents (if diclosed)?
My organisation has spent somewhere in the range of $1–$10 million.
What is the terminal result of working with ?
Our work with STRV began in May 2015, and it’s ongoing.
Results achieved
Are there any measureable or plum results?
Our projects are very event-oriented, so as long as they’re completed to our specifications, it’s been a achievement. STRV’s work has been well taked by our inner team.
How did STRV accomplish from a project handlement standpoint?
They’ve been big. Our running project handler is very entire and looks at the past, present, and forthcoming. One of the things we esteem is that they adjoin very well. They’re also very realistic, and they’ll push back on timelines if our go-live dates are too aggressive.
STRV’s team is forthcoming and honorable in the work that they prepare for us. They’re there to help us and make our fruits as achievementful as practicable.
What is (from your point of view) the key factor to pay observation while intercourse with ?
The team is flexible, innovative, and creative, and they liberate on-edge technology. When it comes to outgrowth, they’re ready to ride the wave with us and make uniform changes. For entreaty, if there’s a new rule and we need to switch gears, they’re right there with us.
What aspects of their work would you like to get improved?
In seething, there is always room for advancement. Throughout my time working with them, I’ve seen STRV take strides to better not only elements of the platform but also our business relationship. As a young organisation, we’ve gone through lots of change that pushed and challenged us to hone the condition of our fruit. I can’t say I’ve skilled a time of time where we’ve seen any degradation in their work as a result of our fast-paced growth. STRV has been congruous see step of the way. Even anticipating true changes and making adjustments resulting in permissive outcomes for us and our investors.
Any advice for possible clients?
Our experience is that STRV is the engine that will catapult you. Know what you want precedently you go to them, owing they’re an open canvas and can form whatever you want. If what you want isn’t pretty, the picture they sketch won’t be whichever.