The Guarantors is a New York-based fintech business focused on building innovative insurance and accounting solutions for commercial and residential real estate companies and tenants.
The client’s business revolved around overcoming domain-specific niche challenges. Namely, they were looking to stimulate the rental market growth by guaranteeing leases for those who don’t meet certain financial standards regarding income level or credit history.
Aiming at unlocking more leasing opportunities for a wider audience at a short period, the client required an efficient platform to automate lease guarantee and deposit replacement routines. The service they had in place didn’t live up to their performance demands, so the client needed a reliable contractor to entrust the sophisticated tech revamping project.
With custom insurance software solutions development being AIS Novations’ strong suit, the team made it to win over the client’s favor by demonstrating its core expertise within the specified area.
Solution
The team helped build a custom web platform that facilitates client resolution process, reduces human staff workload, and mitigates the risks for landlords while assisting renters to access sensible accommodation opportunities.
To automate leasing applications turnaround, the service offers the potential residents to get qualified by filling in a simple form and attaching the required docs. The procedure takes a few minutes, with resolution coming in as little as half an hour.
To ensure rapid prototyping and build a clean cross-platform code, the project’s software developer mastered MeteorJS engineering from scratch. The team also enabled the solution to convert the filled in applications and doc scans into neatly structured PDFs downloadable through Dropbox.
This way, AIS Novations came up with yet more ways to increase the project’s time-to-market and enhance the product’s overall time efficiency.
Results
