Remelda Technologies Ltd.

BACKGROUND

Please describe your company and position.

I am the VP Product of Valutico

Describe what your company does in a single sentence.

Valutico is a global business valuation platform founded in 2017 that enables finance professionals to quickly and accurately assess company value using data-driven tools, and is used by over 750 firms across 90 countries.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Remelda Technologies Ltd. to accomplish?

• Complement our existing Engineering team with excellent Ruby, Python and React engineers

SOLUTION

How did you find Remelda Technologies Ltd.?

Referral

Why did you select Remelda Technologies Ltd. over others?

• Pricing fit our budget
• Great culture fit
• Good value for cost
• Company values aligned

How many teammates from Remelda Technologies Ltd. were assigned to this project?

6-10 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

We needed to reinforce our Engineering team, and Remelda provided outstanding engineers who exceeded expectations. Each one is skilled in at least two programming languages and quickly adapted to our architecture and workflows. We've built a strong, long-term partnership as a result.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The measurable outcomes from the project included the successful integration of highly skilled engineers, who quickly adapted to our system architecture and workflows. Their immediate contributions enhanced team capacity and efficiency, allowing us to accelerate development timelines and improve overall output quality. The partnership has proven to be both productive and sustainable.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

The engineers supplied by Remelda have been fully onboarded to our team and we use the same tooling to communicate with each other, in our case Slack and Google Meet.

What was your primary form of communication with Remelda Technologies Ltd.?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

The professionalism and the speed of delivery.

Are there any areas for improvement or something Remelda Technologies Ltd. could have done differently?

Not at the moment, we're really grateful for our partnership with Remelda.

BACKGROUND

Please describe your company and position.

 I am the Senior Product Manager of a financial services company 

Describe what your company does in a single sentence.

The company is a for-profit company founded in 2020, headquartered in Boston, Massachusetts, United States, with an additional presence in Singapore.

The company specializes in financial services and fintech, focusing on blockchain-based funds transfer infrastructure that connects financial institutions globally.

The company's technology helps these institutions achieve better mid-market settlement rates for cross-border remittances.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Remelda Technologies Ltd. to accomplish?

• Develop ATP - Transfer Protocol
• Develop AEP - Company's Enterprise Portal

SOLUTION

How did you find Remelda Technologies Ltd.?

Referral

Why did you select Remelda Technologies Ltd. over others?

• High ratings
• Pricing fit our budget
• Good value for cost

How many teammates from Remelda Technologies Ltd. were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Scope of Work:
The project involved the development of three distinct products from scratch (0 > 1) — ATP, AEP, and SOE. Each product served a unique purpose within the broader enterprise ecosystem, addressing specific business needs within the framework of digital transformation and operational efficiency. The work spanned across multiple stages, including initial ideation, product design, development, testing, and deployment. The project required strong collaboration among cross-functional teams, with a focus on delivering high-quality, scalable, and user-centric solutions.

Key Deliverables:
ATP (Automated Transfer Protocol):

Overview: ATP is a sophisticated transfer protocol designed to streamline and secure the transfer of data between systems. It was developed from scratch to enable seamless communication and data exchange within and outside the enterprise.
Core Functionality:

Secure data transfer between systems.
High-speed transfer to meet operational needs.
Error handling and fail-safes for data integrity.
Integration with legacy systems to ensure compatibility.
Deliverable: A fully functioning ATP protocol that was robust, secure, and capable of transferring data across multiple platforms in real-time.
AEP (Enterprise Portal):

Overview: AEP is an enterprise portal developed to provide a user-friendly, web-based interface for employees and stakeholders to access and manage financial transactions, settlements, and related activities. It serves as the front-end solution for monitoring and analyzing key financial operations.
Core Functionality:

Real-time viewing of financial transactions and settlements.
Interactive dashboards and visualizations for better decision-making.
User authentication and role-based access for security.
Integration with backend systems to pull transaction data dynamically.
Deliverable: A fully operational enterprise portal that simplifies transaction and settlement tracking, making it easier for end-users to view, analyze, and report on financial data.
SOE (Rate Optimization Engine):

Overview: SOE is a product designed to optimize rates based on a variety of factors, such as market conditions, historical data, and customer profiles. The goal was to create an intelligent system that would automatically adjust and recommend optimal rates to maximize profitability and competitiveness.
Core Functionality:

Machine learning-based rate optimization algorithms.
Data-driven decision-making based on real-time and historical data.
Flexible configuration options to meet business-specific rate strategies.
Continuous performance monitoring and rate adjustment.
Deliverable: A state-of-the-art rate optimization engine that uses machine learning to continuously optimize pricing models, ensuring that the company remains competitive while maximizing revenue.
Team Leadership and Execution:
The entire project was executed under the leadership of Ali, whose guidance and vision were critical to its success. Ali's oversight ensured that all three products were developed according to the project specifications, maintaining a high level of quality, efficiency, and timeliness. The team, guided by his leadership, worked collaboratively, utilizing agile methodologies to ensure the smooth progression of the project.

Key Aspects of Team Dynamics:

Collaboration: Regular cross-functional meetings and brainstorming sessions ensured alignment across different parts of the project, from technical implementation to business strategy.
Innovation: The team demonstrated creativity and innovative thinking, particularly in developing complex features such as the rate optimization algorithms for SOE and the secure, high-speed data transfer mechanisms for ATP.
Quality Assurance: Rigorous testing and validation were embedded into each product’s lifecycle to ensure they met the required standards of security, performance, and user experience.
Stakeholder Communication: Frequent communication with stakeholders and business leaders ensured that the products delivered aligned with business objectives and user needs.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The measurable outcomes from the project that demonstrate progress and success include:

Efficiency Gains:

ATP reduced data transfer times by 40%, enabling faster system integration and operational efficiency.

User Adoption:

AEP saw a 60% increase in user engagement within the first 3 months due to its intuitive interface and real-time transaction tracking.

Revenue Growth:

SOE’s rate optimization engine led to a 15% increase in revenue by adjusting pricing models based on market data and customer insights.

Operational Cost Reduction:

Automation in data transfer (via ATP) and rate optimization (via SOE) resulted in a 25% reduction in manual intervention and operational overhead.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

The project management at Remelda was highly effective, with a strong focus on agility and timely delivery. The team consistently met deadlines, delivering key milestones on schedule. Regular check-ins (cadence) and transparent communication ensured that progress was tracked, and any potential delays were proactively addressed.

They were highly responsive to our needs, adapting quickly to changes in requirements or scope. Their flexibility and collaborative approach helped mitigate risks and ensured that the final products aligned perfectly with our business goals. Overall, the project was delivered on time, with minimal issues.

What was your primary form of communication with Remelda Technologies Ltd.?

• In-Person Meeting
• Virtual Meeting

What did you find most impressive or unique about this company?

What stood out most was their ability to innovate under pressure. They tackled complex, custom-built solutions like ATP, AEP, and SOE from scratch, demonstrating both technical expertise and a deep understanding of business needs.

Their collaborative and agile approach allowed for quick adaptations, and their focus on quality ensured seamless integration and high user adoption. The team’s commitment to delivering results and exceeding expectations was truly impressive.

Are there any areas for improvement or something Remelda Technologies Ltd. could have done differently?

The main areas for improvement would be more detailed documentation for easier maintenance and better end-user training for quicker adoption, especially for AEP.

These would have enhanced the overall experience post-delivery. However, we had sufficient documentation produced regarldess for user onboarding, developer onboarding etc.