Real Estate Loan Management system
Real Estate Loan Management system
KADA provides loan management system and customize service.
The project
It is a J2EE based Real Estate Loan Management system for people from 45 countries in the world.
The client stands for a new paradigm for implementing personal RE loans between family and friends that leverages existing platforms and conventional personal loan infrastructures. The concept offers a safe, sound, and secure method that allows users (consumers) to lend money (using peer-to-peer model) with an email address so that the consumer doesn’t have to communicate or share account information with the lender. It is based on the existing financial infrastructure of bank accounts and credit cards and uses the world's most advanced proprietary fraud prevention systems to generate a safe, global, real-time loan solution.
Solution
Due to the strong support from all sides involved, this project was implemented on time, within budget and full functionality, and obtained a high acceptance rate. The solution is three-folded:
- The right application design
- The right technology
- The right implementation team
The right application design
The definition and design of the use-cases of the application and the security in both the system and the business is key to the success of a nationwide program. Only with the detailed knowledge of the user has and the technical skills of a state of the art security design house could this type of application be successfully carried out. However, the success is not only attributed to the loan. Another major success and consideration was the loan's ability to collect correct data from the entire population.
For developing our architecture, we create the system by using deferent layers:
The right technology
Based on the "Run any OS" and "lowest cost" request from the customer, we use the combination of "MySQL+Struts+Spring+Hibernate+SSL" as the solution which is completely free and with very good compatibility on any kind of server.
The open technology also guarantees a fast time to market, cost efficiencies, and excellent functionality.
The benefits of using spring are listed as follows:
- Spring offers a very clear division between controllers, JavaBean models, and views.
- Spring's MVC is very scalable. Unlike Struts, which forces your Action and Form objects into concrete inheritance (thus taking away your single shot at concrete inheritance in Java), Spring MVC is completely based on interfaces. Besides, just about each part of the Spring MVC framework is configurable by plugging in your own interface. Certainly we also provide convenience classes as an implementation alternative.
- Spring, like WebWork, offers interceptors and controllers, making it easy to factor out behavior common to the handling of many requests.
- Spring MVC is really view-agnostic. You don't have to be forced to use JSP if you don't like to; you can use Velocity, XLST or other view technologies. If you like to use a custom view mechanism – for instance, your own templating language - you can easily carry out the Spring View interface to integrate it.
- Spring Controllers are configured via IoC like any other objects, which makes them easy to test and beautifully integrated with other objects managed by Spring.
- Spring MVC web tiers are typically easier to test than Struts web tiers, due to the avoidance of forced concrete inheritance and explicit dependence of controllers on the dispatcher servlet.
- The web tier is a thin layer on top of a business object layer. This guarantees good practice. Struts and other special web frameworks leave you on your own in effectuating your business objects; Spring offers an integrated framework for all tiers of your application.
The right team
The crucial success factor of this project is the professional large scale project management concept of KADA that has a clear
understanding of the demand of the user and the requests. The positive reaction to new situations and challenges of the team during the project development proved to be a determining factor of the success.
The result
It provides an advanced, flexible, safe, and proven platform that offers the option to add applications in the future.