Application for Mergers and Acquisitions transactions

Main Challenges

With our extensive experience in the software development market, our team ensured that we overcame all challenges and achieved the required results, adding value to the product

• Complex Data Integration

  Integrating multiple trusted APIs to retrieve real-time data.

• Scalability and Performance

  Ensuring the platform could handle large volumes of transactions and data sets efficiently.

• Cyber Safety

  Designing a secure environment to protect sensitive transaction and insurance information.

• User Access

  Implementing complex user access levels across brokers, underwriters, partners, and risk assessors.

• Risk Assessment Automation

  Developing algorithms to analyze legal, financial, and risk data to deliver accurate liability scores.

• Functionality

  LaSoft delivered a seamless, feature-rich platform.

Project’s Team

Our specialists contributed to this project their tech proficiency and deep understanding of custom software development trends

• Business Analyst
  260 hours
• Product Designer
  380 hours
• 2 Fullstack Developer
  956 hours
• QA
  488 hours

Implemented Features

We developed robust, user-friendly, and secure insurance digital products to help our client achieve a competitive advantage in the market

• Partner Portal

  The platform offers a partner portal that allows users to invite and grant varying levels of access to different types of users from their contact list.

  All participants involved in the process can contribute by providing and updating data on the buyer, seller, deal information, test activation, insurance details, retention, issued claims, terms of the agreement, and other relevant information.

  

  

• Broker Portal

  The web app includes a dedicated portal for brokers to create and manage deals. They can access detailed legal information about the transaction, view the involved parties, and review prerequisites related to the agreement.

  

  

• Risk Portal

  The risk portal serves as a valuable tool for assessing the attractiveness of a contract based on various levels, rates, and liability scores. The assessment is derived from databases containing information about the parties involved in the agreement, supplemented by data collected from external sources.

  Financial and legal aspects, the presence of any lawsuits, and other factors are considered in the evaluation. A higher final score indicates a more attractive underwriter agreement with a lower risk of insured events occurring.

  

  

• Real-time Data

  Our web app integrates with several trusted APIs to ensure the data is constantly updated. We leverage the following APIs to retrieve the most recent data: CBI Insights, Dealroom, Data Axel, DUNS Numbers, Cyber.

  

  

• Deal Room

  The web app includes a secure deal room where documents related to the transaction are stored digitally. Unlike traditional transactions that require the physical movement of documents, NY Insurance company provides a centralized and secure location for storing all relevant documents.

  Users involved in the transaction have controlled access only to the documents they require, ensuring confidentiality and convenience.

  

• Underwriter Portal

  The underwriter portal streamlines the underwriting process for contracts. Underwriters and their assistants can efficiently organize and verify documents and obtain additional information before the underwriter reviews the deal.

  The portal includes a comprehensive list of underwriters, and brokers can assign specific deals to specific underwriters.

  

Cybersecurity

We support the security of the platform and implement industry-standard practices to safeguard user data. We have implemented some key security measures: