Comprehensive cross-platform app to empower GCC investors with market data on the fly

Our client is a financial services provider in the Gulf Cooperation Council (GCC) region that recognizes the need for a comprehensive platform providing real-time financial market data for all GCC countries, including Kuwait, Saudi Arabia, UAE, Qatar, Bahrain, and Oman. The client’s primary objective was to develop a user-friendly solution offering investors and traders access to real-time prices for main indices and stocks, financial forecasts, an events calendar, and regional market news. Combining all these features in a single, easy-to-use platform would enable the client to overcome the challenges of regional financial data fragmentation and cater to the needs of both novice and experienced investors, providing them with the tools and insights necessary to confidently navigate the GCC financial markets.

The financial services provider also required a solution that could be easily accessed on the go. The platform needed to be mobile-friendly and offer a consistent user experience across different devices and operating systems.

The client sought to address these challenges and set itself apart from regional competitors, thus attracting new clients. Based on our extensive expertise and ability to deliver high-quality financial software, the company decided to partner with EffectiveSoft.

To address the client’s requirements, we developed a cross-platform mobile application for iOS and Android devices, accompanied by a web-based admin portal. The mobile application provides users with a wealth of financial information about companies in the GCC countries, empowering them to make informed decisions.

Key features of the mobile applications include:

• Real-time stock price charts for individual companies, so users can easily monitor price fluctuations and identify potential investment opportunities.
• Information on top performers, top losers, and most traded companies, enabling users to promptly adjust their investment strategies in line with market trends.
• A convenient company search functionality to help users find companies and access their financial information.
• The ability to add companies to a personalized watchlist, letting users easily track stock prices and changes for their preferred companies.
• Extensive company information, including profiles, financial reports, stock price forecasts, company owners, and more.
• Regional news coverage to keep users informed about the latest developments in the GCC financial markets.
• An event schedule to let users know about upcoming financial events and announcements.
• A user profile to manage language preferences, enabling users to choose their preferred language (English or Arabic).

Admin panel and technical foundation

To complement the mobile application and ensure that the platform stays up to date, we developed a web-based admin portal that allows administrators to:

• Manage user accounts and administrator privileges
• Manage news content

From a technical standpoint, the solution is built on a microservice-based backend architecture and hosted on Microsoft Azure Web Services, ensuring platform scalability and reliability. The mobile application was developed using a cross-platform technical stack, thus guaranteeing compatibility with both iOS and Android devices and providing consistent user experience.

To further enhance the platform’s functionality, we incorporated cross-platform subscription management and integrated with third-party data providers to deliver real-time prices, company information, news, and events.

By delivering a comprehensive, user-friendly, and technically robust platform, we empowered our client to offer its customers an unparalleled financial market experience that sets the standard within the GCC region.