Cashcraft Asset Management is the financial services firm of choice and a leading member of the Nigerian Stock Exchange. The company needed to align their web strategy with a revamped online presence incorporating leading-edge features to allow their customers get account information online and securely interact with their account managers online. We designed and deployed a secure web application incorporating sophisticated reporting and updating capabilities tailored to fit the challenging environment in which the client operates.

InfoWARE solutions and services has enabled Cashcraft realize savings  running into the tens of millions of dollars since 2007 when Cashcraft migrated to our cloud computing platform from the on-premise (also InfoWARE solution). This deployment allowed Cashcraft to grow from just 3 to nearly 30 branches in a space of less than 3 years. While maintaining centralized command and control from the head office. InfoWARE cloud solution enabled Cashcraft Asset Mgmt to become a global powerhouse operating online-real time and servicing clients 24×7 all over the world.

 

  
Before

After 
Cashcraft operated from one (1) office and was hesitant about expanding due to valid concerns about multi-branch manageability. Cashcraft is able to efficiently operate from over twenty two(22) branch offices which are all interconnected and manageable due to the multi user, multi branch InfoWARE Enterprise suite. AllCashcraft branch offices are 100% integrated usingInfoWARE Enterprise Cloud computing SaaS deployment providing per branchas well ascombined branch financial reporting and Real-time data access and analysis 24×7

Before

After 
Cashcraft was unable to provide online-real time self service access to customers limiting business expansion and customer satisfaction Cashcraft clients have been won over after using theInfoWARE e-business suite which is a secure web application that incorporates sophisticated reporting and 24×7 availabilty in online-real time mode. To date, the InfoWARE e-business suite has NEVER been offline or experienced data corruption resulting  in significantly improved Cashcraft customer satisfaction ratings. InfoWARE enterprise suite enables hundreds of concurrent user access to the application suite and thousands of concurrent customer access. Cashcraft was rated the top most visited Financial site ahead of all other banks (even CNN) by Alexis in 2008.InfoWARE provided for seamless collaboration between employees across state and country boundaries with management oversight in a highly secure manner using InfoWARE security modules and auditing capabilities

Before

After 
Cashcraft was limited in the depth and versatility of products and services offered due to the complexity inherent inherent in the software and hardware required to scale up to hundreds of thousands of customers Cashcraft now boasts of rock solid products and services which are leading edge and unsurpassed by competitors. Each of the
Cashcraft products and services is made possible due to the technologically advanced premier Software as a Service (SaaS) business management solution proffered by InfoWARE Enterprise Cashcraft offersunique and sought after services powered byInfoWARE Enterprise such as:

  • Trusteeship
  • Personalized Graduated Commission rates
  • Interest accrual on Annuity investments
  • Agency with automated commission allocation
  • Margin trading with risk monitoring
  • Risk Management
  • Trading/Proprietary Accounts
  • Retirement Planning
  • Business Intelligence/Real-time Reporting
Before After
Cashcraft was limited in the number of employees that could input data because their software was a single user application. InfoWARE Enterprise is seamlessly multi-user and is fully integrated. It is highly scalable and easily handled the 1233% Cashcraft employee growth going from allowing in a short span of two years but is still  yet to hit the maximum throughput of InfoWARE Enterprise Solution