Advisor Credit Exchange (ACE)
The Opportunity
Over the past several decades, the wealth management industry has evolved to deliver financial advisors incredible innovations in products, channels, investment strategies and tools. However, for the most part, these financial advisors have been unequipped to help their clients effectively manage and leverage credit and banking services to optimize their overall financial performance and well-being.
Likewise, Investment firms and advisors have primarily focused on their clients’ investment assets without an effective way to incorporate both credit liabilities and opportunities with investments to create a more comprehensive and holistic financial strategy for their clients.
The Solution
Norima has partnered with Advisor Credit Exchange (ACE) since its inception, providing consulting and advisory services to architect and deliver a multi-custodial, multi-lender exchange platform. The ACx platform is integrated with several Wealth Management platforms, including Envestnet and Money Guide Pro, as well as direct integrations with Registered Investment Advisor and broker dealer firms. It enables advisors to work with a number of lending products and lenders. Advisors use ACx to proactively investigate a variety of credit options such as Securities-Backed Lending, Unsecured Lending, and Residential Real Estate Mortgage Lending to present their clients with well-planned lending referrals and assistance, along with clearly presented pricing and terms.
Key Technologies
- Microsoft ASP.NET Core Razor
- Telerik
- KendoUI
- Dell Boomi
- Docebo Learning Management
- Microsoft Power BI
- OpenVMS
- Azure SQL
- Microsoft Azure
The Result
A growing number of wealth management firms are empowering their financial advisors with access to the ACx platform to provide more comprehensive financial strategies for their clients. In addition, an increasing number of banks and lending institutions are now connected with a new and well-prepared set of potential lending clients.
- For financial advisors, ACx has allowed them to develop deeper relationships with clients, allowing them to leverage credit as a part of their overall approach to financial wellness.
- ACx has provided lenders with a cost-effective way to partner with new advisors and develop new clients.
- For clients, through their advisor, ACx delivers better information regarding options to support their financial goals and assistance in selecting and working with the best lending options for their situation.
Sallus Retirement
The Opportunity
In most medium and large corporations, 401K retirement planning is a mature and well-orchestrated benefit provided to employees. However, for many, if not most, small business owners, providing a 401K to their employees is difficult, time-consuming, and expensive.
The Solution
SALLUS RETIREMENT provides an innovative new Fintech platform, built specifically for small businesses, that optimizes the 401K retirement plan selection process for employers and financial advisors, and facilitates a partnership with SALLUS RETIREMENT experts to set up and administer 401K programs for small business owners.
As an expert in Wealth Management solutions and supporting Fintech startups, Norima worked closely with SALLUS RETIREMENT to plan, design, architect and develop an initial launch in four months. Over time, continued expansion, enhancements, and integrations will continue to add capabilities and support different user types.
Key Technologies:
- React & Next.js
- TypeScript
- Salesforce
- RESTful API
- Node.js & NestJS
- PostgreSQL
- Azure Functions
- Azure SQL
- Microsoft Azure
The Result
SALLUS RETIREMENT allows financial advisors to provide additional value-added retirement plan services to their business owner clients, as well as services directly targeted to do-it-yourself employers who need a simple solution for 401K planning. As SALLUS RETIREMENT’S trusted technology partner, Norima worked with SALLUS RETIREMENT to make 401K investment accounts easy, efficient, and accessible.
Phased Project Portfolio Suite Implementation
The Opportunity
TB Consulting wanted to implement the ServiceNow Project Portfolio Suite (PPS) module for its managed service providers (MSPs).
The Solution
Norima implemented the project in a phased approach. In the first phase, Norima validated the targeted features of the PPS module running in a domain-separated environment. The second phase is to setup the targeted features for a specific customer.
This project included: Domain Separation Validation, Consultation and Demonstrations, Demand Management, Resource Management, SDLC, Project Management and Planning, and Timecard Configuration.
HR Portal Implementation
The Opportunity
Encore is a ServiceNow Enterprise customer that wanted to add a Human Resource (HR) specific Service Portal to its current suite of applications.
The Solution
Norima used a staged delivery process to implement this project, which included implementation of HR Catalog and Task Management, an HR-specific Knowledge Base, and a Service Portal based on the client’s requirements. Norima’s role also involved general Platform Configuration and Branding, Operational Readiness Testing (ORT), Testing and Post Go-Live Support, and overall Engagement Management.
Norima’s ServiceNow delivery team are skilled architects and developers, with a concern for quality and attention to detail. Norima’s dedication and high-quality work had significant impact on both the quality and cost-effectiveness of our new ServiceNow portal. We will continue to leverage Norima for future implementation of ServiceNow modules and…look forward to our continued partnership with Norima Consulting.
– Senior Project Manager, Encore Capital Group
Norima’s knowledge of industry best practices and ITIL framework helped connect skeptical key stakeholders to the full potential of the platform.
– Senior Project Manager, Encore Capital Group
Custom Web Applications to Ensure Regulatory Compliance (DCweb & EAweb)
The Opportunity
The Global Trade Compliance Group of Cubic Corporation’s Cubic Global Defense (CGD) business unit, a leading provider of realistic combat training systems, secure communications and networking, and highly specialized support services for military and security forces of the U.S. and allied nations, is responsible for ensuring that Cubic adheres to all relevant export regulations defined by the U.S. Departments of State and Commerce.
Cubic required a way to adequately and appropriate manage the critical risk management function of relevant export regulations, as failure to comply with export regulations can lead to severe penalties and business restrictions.
The Solution
Using the ServiceNow platform for delivery, Norima worked with CGD to create two web applications to facilitate compliance with relevant export regulations:
- DCweb: CDA Global Trade Compliance Technical Data Classification Web Application
- EAweb: CDA Global Trade Compliance Service & Data Export Authorization Web Application
The main purposes of these applications are to:
- Ensure compliance with relevant export regulations.
- Serve as a searchable repository of all technical data classification and marking previously performed through the application (DCweb).
- Serve as a searchable repository of all data and services export authorizations (DSEA’s) previously granted through the application (EAweb).
- Enable management to monitor the compliance and export authorization staff productivity rates.
- Facilitate demonstrating regulatory compliance in the event of a government audit.
Norima followed its Plan->Discover->Configure->Deploy approach to design and build an innovative, easy-to-use solution that delivers true business value. Activities included requirements gathering and documentation, development and review of design specifications, and web application development, testing, and release to production environment.
Web Application to Ensure Regulatory Compliance (TravReq)
The Opportunity
The Global Trade Compliance Group of Cubic Corporation’s Cubic Global Defense (CGD) business unit, a leading provider of realistic combat training systems, secure communications and networking, and highly specialized support services for military and security forces of the U.S. and allied nations, is responsible for ensuring that Cubic adheres to all relevant export regulations defined by the U.S. Departments of State and Commerce.
Cubic required a way to adequately and appropriate manage this critical risk management function, as failure to comply with export regulations can lead to severe penalties and business restrictions. The application needed to ensure compliance with State Department and DSS regulations, and to provide an auditable repository for the activities related to those regulations in the event of a government audit.
The Solution
Using the ServiceNow platform for delivery, Norima worked with the Global Trade Compliance group to create a web application to facilitate compliance with relevant regulations.
The resulting application, TravReq, a CDA Global Trade Compliance Service & Data Export Authorization Web Application, provides a consistent method for Cubic employees to notify Cubic of planned travel or long-term deployment to specific destinations, as well as providing an auditable repository for such requests.
Key features of this app include the ability to schedule trips, get approval, generate Travel Briefs, automate Travel Memos, and automate debriefs following a trip’s end.
Norima followed its Plan->Discover->Configure->Deploy approach to design and build an innovative, easy-to-use solution that delivers true business value. Activities included requirements gathering and documentation, development and review of design specifications, and web application development, testing, and release to production environment.