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Outsourcing Partners Web Development and Software Case Studies

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Class Action Valuation Systems

Successfully Provided Outsourcing Solution to Most Complicated Business of Capital Market in Securities Class Action Settlement Recovery

Industry: Capital Market
Solution: Enabled Investment Management & Brokerage Firms to maximize the recovery of their client funds

BEFORE OUTSOURCING PARTNERS

  • Our customer had no idea about Outsourcing Partners and was not sure about Outsourcing Partners technical strength and each PHP Programmer.
  • At the beginning, the challenge was to Hire PHP Programmer and how to start on Securities Class Action Services Project and Plan of Allocation for each case in a world that was unknown to Outsourcing Partners
  • Capital Market business in USA works differently than the fastest growing Capital Market of Mumbai, India where the Outsourcing Partners come from
  • Needed a way to dramatically take up their Securities Class Action Settlement Recovery Business and provide robust solution to their vision


RESULTS WITH OUTSOURCING PARTNERS

  • The most complex algorithm and lengthy programming solution delivered without any issue by hiring Senior Programmer
  • Outsourcing Partners translated complicated Plans of Allocations for distribution of securities class action settlement funds into comprehensive, yet comprehendible reports for shareholders.
  • Outsourcing Partners helped CAVSystems to reduce costs of ownership to develop custom Securities Class Action solution to their business.
  • CAVSystems saved between $40k to $45k for the ownership of product development
  • The client now has a flexible platform that reflects its vision and achieves each of the requirements it set out.

HOW DID OUTSOURCING PARTNERS HELP?

  • Our approach to customer was trying to get understand their Securities Class Action business and provides robust technology roadmap to their business
  • The technical team worked closely with customer’s to develop the system using agile development and project management process. The solution encompassed the following deliverables:
    • Documented and validated business requirements.
    • The valuation reports provided by technical team of Outsourcing Partners included in each case plan of allocation to determine the estimated award amount that their customer’s claim will eventually receive.
  • The knowledge of Outsourcing Partners project team and its deep expertise in the Open Source Technology helped ensure that the CAVSystems established its critical Securities Class Action Services within the time frame and under budget.



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