Moneyvest builds its Investment Platform with Cosmocloud's no-code backend

Moneyvest is a fintech platform which enables users to conduct a full in-depth fundamental analysis on individual stocks to make better investment decisions. With over 17,500 stocks available on the Moneyvest platform, users can analyse over 20 years of historical financial data, access up to 10 years of future revenue and EPS forecasts, as well as calculate stock fair values and price targets using our financial models.

Moneyvest's goal is to educate and empower investors globally to make better, more informed investment decisions.

Customer's testimonial

Cosmocloud is an amazing development platform which really helped us build and deliver our whole stock market investment platform in just a couple of months, which otherwise would have taken about a year to build. It is because of Cosmocloud that we do not need any dedicated team to manage our infrastructure and scale, and it just works out of the box. -- Kartikeya Swarup, Founder & CEO @ Moneyvest

How does Moneyvest use Cosmocloud?

Moneyvest uses Cosmocloud to build, maintain and scale its backend API infrastructure. The whole backend layer is built using Cosmocloud's No-Code platform, which is connected with AWS Cognito for managed authentication and MongoDB as the primary database.

With over 85+ APIs having complex logics, queries, calculations and data processing, Cosmocloud has made it easier to build the whole backend layer for Moneyvest in just over a month's time. Developers now focus mostly on data modelling and query designing, leaving everything else to Cosmocloud -- from getting the API implemented to calling external APIs, building, deploying and maintaining the cloud infra.

Checkout and sign up on Cosmocloud for FREE! Start building your APIs in just minutes!

Cosmocloud builds core features for Moneyvest

Moneyvest Markets

Moneyvest markets highlight the overall Stock Market and Indices of US markets, from stock prices to news, trending analysis, key statistics of each Stock ticker and custom M-scores calculated by Moneyvest on the fly.

All these calculated data points and change updates happen at real time using APIs built on Cosmocloud. This gives a full wholesome view into the stock markets, general trends, events and over Stock symbol's health.

Moneyvest Metrics and Financials

Moneyvest Metrics is a custom automated analysis done for each and every stock with super custom formulas, calculations along with Moneyvest's custom scoring methods, to showcase the qualitative and quantitative metrics for each stock, and to take a better informed investment decision.

Cosmocloud helps streamline these complicated calculations and evaluations in its No-Code backend builder, where Moneyvest frontend expects huge tables and arrays of data to be returned.

These APIs also power interactive Charts of various different financials over different granularity such as annual and quarterly data, going back 20 years of historical data, with an option to add / remove any metric anytime.

Moneyvest Analyst Estimates and Fair Value Calculators

Moneyvest also provides you with Analyst Ratings, trends and forecasts, as well as a way to check and calculate your own Fair Value Estimates based on various different parameters the user can customise. All of these are powered by Cosmocloud 's APIs with super complex calculations, data transformations, multiple database queries, etc.

The below table shows how would a Stock fare in the market given different parameters and calculation models such as Discounted Earnings Multiple Model (DEMM) and Discounted Cash Flows (DCF). All these complex calculators and their APIs are powered via Cosmocloud .

Instant Deployments & Other Features

The best part was that every release that had some changes was instantly pushed to staging / production environments without any rolling changes or downtimes for the system. This was possible with Cosmocloud 's Instant Deployment feature, where the release management allows to deploy (and rollback) a new version in milliseconds across any horizontal scale.

Others Cosmocloud features used by Moneyvest includes -

• Full Text Search - To power the stock market search and discovery, built with 1 click integration on Cosmocloud, no data pipelines needed.
• Object Storage - To upload and download images, logos, user profile pictures, Moneyvest courses, etc, built with 1 click on Cosmocloud to download / upload these files securely via Pre-Signed URLs.

Conclusion

Moneyvest's Investment Platform showcases an awesome case study to prove that Cosmocloud 's No-Code backend platform can build and scale complex systems end to end, without the worry about managing cloud infrastructure, boilerplate setup, builds, etc.

Looking to use Cosmocloud as a microservice in your own application? Reach out to us here.

Cosmocloud for Startups

Cosmocloud has launched a Startup Program under which we provide credits upto $2000 per startup, to build and scale your product at scale! ??