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Luma Financial Technology

Luma Financial Technology

Fintech Platform Development
Industry/Industries
Fintech / Finance / Banking
Client For
1
+
Years
Project Budget
$500,000-$999,000
Regions / Countries Serviced
United States
ITMAGINATION supports Luma Financial Technology's internal development team with new feature development and with maintaining their current platform.
Luma was looking for a partner experienced in Fintech. Our team's portfolio of clients in Fintech who are located in the US, and our team at ITMAGINATION was able to tick all the right boxes.

Luma Financial Technologies provides a platform that has been used by broker-dealers and their advisors nationwide for nearly a decade to more efficiently source, configure, compare and price structured products and annuities that meet their customer’s specific investment needs.

Luma Financial Technology

Project Summary

Luma Financial Technology

"ITMAGINATION's team was able to understand our business needs and set up a development team quickly and to a high quality." Thanks to ITMAGINATION’s flexibility and professionalism, we were able to onboard their developers quickly and start cooperation within only a few weeks after we reached out to them.

We have a true partner relationship, and we trust their expertise. They efficiently support work on our platform and help us release new features quickly and reliably.

Luma Financial Technology

"ITMAGINATION's team was able to understand our business needs and set up a development team quickly and to a high quality." Thanks to ITMAGINATION’s flexibility and professionalism, we were able to onboard their developers quickly and start cooperation within only a few weeks after we reached out to them.

We have a true partner relationship, and we trust their expertise. They efficiently support work on our platform and help us release new features quickly and reliably.

Luma Financial Technology

"ITMAGINATION's team was able to understand our business needs and set up a development team quickly and to a high quality." Thanks to ITMAGINATION’s flexibility and professionalism, we were able to onboard their developers quickly and start cooperation within only a few weeks after we reached out to them.

We have a true partner relationship, and we trust their expertise. They efficiently support work on our platform and help us release new features quickly and reliably.

Industry/Industries
Fintech / Finance / Banking
Client For
1
+
Years
Project Budget
$500,000-$999,000
Regions / Countries Serviced
United States

The Challenge

The goal of the project was to ensure that Luma's new platform will be more responsive and easier to scale than their current solution.

Luma wanted to release a Minimum Viable Product that ultimately will replace their current platform. In the meantime, they had to make sure that the products their clients are currently using are up to date and there won’t be any breakdowns.

ITMAGINATION stepped in as a reliable software development partner who could rewrite Luma's application and support their internal development team's daily work as well as build out the new platform MVP.

The Solution

We scaled up a software development team with all roles required and started to work on Luma's brand-new platform. Since our team is experienced in working on similar fintech products, they also work on maintaining and improving Luma's current application which is in use by their clients on a day-to-day basis.

Currently, the development team includes nine people. Their roles vary from Software Architect, Full-stack Developers, Java Developers, Angular Developers, React Developers, and a Project Manager.

The project is managed jointly between the Luma and ITMAGINATION team, which ensures everyone is aligned and full transparency is achieved.

The Results

Our team was able to understand and address Luma's business challenges and set up a development team quickly to make sure feature development is fast. The team has integrated well with Luma's own internal developer teams and became productive quickly. New feature development is much faster and the current platform is more stable.

"Thanks to ITMAGINATION’s flexibility and professionalism, we were able to onboard their developers quickly and start cooperation within only a few weeks after we reached out to them.

Throughout the collaboration, we can see that they always address our concerns and respond fast. We have a true partner relationship, and we trust their expertise."

- David Wood, Managing Director at Luma Financial Technology

David Wood

Managing Director
"ITMAGINATION's team was able to understand our business needs and set up a development team quickly and to a high quality."

Thanks to ITMAGINATION’s flexibility and professionalism, we were able to onboard their developers quickly and start cooperation within only a few weeks after we reached out to them.

We have a true partner relationship, and we trust their expertise. They efficiently support work on our platform and help us release new features quickly and reliably.

Technologies

Java
Java
Angular
Angular
React
React
JavaScript
JavaScript
TypeScript
TypeScript
Share
Luma Financial Technology

Luma Financial Technology

Fintech Platform Development
ITMAGINATION supports Luma Financial Technology's internal development team with new feature development and with maintaining their current platform.
Luma was looking for a partner experienced in Fintech. Our team's portfolio of clients in Fintech who are located in the US, and our team at ITMAGINATION was able to tick all the right boxes.

Luma Financial Technologies provides a platform that has been used by broker-dealers and their advisors nationwide for nearly a decade to more efficiently source, configure, compare and price structured products and annuities that meet their customer’s specific investment needs.

The case study you are trying to access is not available due to a confidentiality agreement.

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