SaveDay Case Study - New Product Development
SaveDay™ is the most complete and lowest cost solution for small companies and their employees to plan, save, and invest for retirement. SaveDay™ uses technology to make outstanding and low cost retirement plans available to smaller employers that are superior than plans available to much bigger companies.
SaveDay had developed the blueprints for a product that could change forever how 401(k) plans are administered. But with the limited resources of a FinTech startup, and the urgent need to be first to market, SaveDay needed a Technology Partner. A partner who understood the technology needs of a Wall Street Firm yet delivered product at the speed of Silicon Valley.
When SaveDay approached Sooryen to develop their Financial Product, they were staffed with a “full stack” team of designers, front and back end developers, project managers and architects. A complete product team that would leverage agile methodology with 2 week SCRUM cycles, rapidly iterating through multiple options to find optimum solutions. Time-to-market, by design.
Most importantly, Sooryen could bring its deep subject matter expertise (in Financial services) to bear. The stringent software security expectations within the Financial industry along with requirements for audit trails and compliance. A deep understanding of technology required for building complex trading platforms, advisor platform, robot trading and rich user experience across various OS and form factors.
With the Sooryen team, SaveDay was able to launch their new 401(k) product in record time, helping change how we think about our retirement.