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Client Overview

US based firm actively engaged in real estate property & notes investment , auctions and exchange with an experience of managing over $3 billion dollars in real estate transactions

Business Need

The client needed online asset exchange and auction platform to establish direct connection with Financial and Sellers institutions such as Investment Banks, Financial Institutions, Government Agencies, Private investors etc. to offer investors access to a unique category of real estate assets on a daily basis that were not previously available but to a selected industry insiders.

Solution

By understanding the client's business challenges and requirements, CIGNEX recommended the adoption of Drupal as the content management solution. Key features of the asset exchange and auction platform include:

  • Asset Management
  • Automated Asset Valuation
  • Auction Management
  • Integration with Live Chat tool - Zopim
  • Advanced search
  • Secure Payment Gateway through Authorize.net
  • Personalized email campaign using Constant Contact to provide several investment opportunities as per user preferences
  • Search Engine Optimization

Benefits

The solution offered following benefits to client:

  • Marketplace delivering richer user experience
    • Easy, efficient and transparent way of marketing and selling real estate properties
    • Reduced time to market real estate properties & notes
    • Improved collaboration across individual investors, financial institutions, government agencies, real estate agents & brokers
    • Delivered better investment opportunities at less price
  • Lowered TCO (Total cost of Ownership)
    • Adoption of Open Source technology – Drupal with zero license fee
    • Cloud hosting – drastically reducing capital investment in IT infrastructure
    • Reduced cost associated with support and maintenance