Technology news and Jobs arrow VIRTUALISATION arrow Online application system deployment for margin lending firm
Online application system deployment for margin lending firm E-mail
by Peter Dinham   
Friday, 19 June 2009
“Our solution drives costs down and creates efficiencies for both advisors and ABL.”

However, Lim also says there were technical challenges faced by Taten in coming to terms with the margin lending business, including some of its more complex scenarios.

This included transforming what Lim describes as a “difficult paper-based system into an easier to follow online system.”

In overcoming this, Lim says Taten developed a new pdf generating tool that creates a pdf specification which can be run through third party generation pdf components, as well as a mechanism for allowing a business user to manage the application.

In working with Taten on the deployment, Leveraged Equities’ general manager margin lending, Eric Blewitt says there was opportunity for both parties to “throw their hands up in the air and go ‘I’ve had enough – this all looks too hard’.

“We didn’t – neither party did, we worked through it – people jumped on planes, got in rooms and nutted out the issues which I think has enabled us to deliver the finished product to the level of quality that we actually have.”

Written in the .Net 1.1 framework, the application is hosted at Leveraged Equities with a load balanced server cluster spread over multiple servers to balance the load.

Lim says the session state is controlled in Taten’s database and there are multiple application servers communicating with one another to a database cluster in the back end.

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