The Term Deposit Shop is a fully transactional online cash management platform that lets investors move money from one bank to another to get a better return.
Codium was first engaged to streamline Term Deposit Shop's internal processes with a rapid prototype in Microsoft Access and VBA. In 2015 work began on the core project, a cloud-based cash investment platform, and in 2017 the web portals were released so direct clients and advisers can complete transactions online. Both the Access front end and the web portal connect to a securely hosted SQL database, so a change made in either shows up in the other straight away.
Customers sign up, view and manage their investments through the secure online portal.
The Access front end works out interest payments, bonus interest, service fees and the bank, adviser and firm commissions payable per institution.
An inbuilt CRM in the Access database lets management see a single customer and all their investments.
Where there is no replacement for a deposit-taking institution's paper forms, the platform automatically generates a filled-out PDF ready for the client's signature. That reduces form errors and saves hours of work for both Term Deposit Shop and its clients.
“Codium are more than just software developers. Within the team they have a breadth of experience across the many facets of digital technology. They are a sounding board for ideas and problem solvers. Their input is not limited to technical solutions but also addresses practical business considerations.”
We implemented the following technology stack, the same proven foundation behind most of the platforms we build and host.
Built in Vue.js as a single page application, for a fast experience without page reloads and the flexibility to evolve as the system grows.
The backend is built in Laravel and MySQL with an API-first interface, so the web and mobile apps share the same endpoints.
Automated testing and deployment let us test new builds and update production quickly, so we can release as often as required.
Amazon's Elastic Container Service runs each service in its own container within a cluster that scales up and down as needed.
Managed hostingWe migrate legacy systems to the web without losing a record. Tell us what you're running and we'll talk through the options.