Goal-Based Investment Planning: Users can define multiple financial goals, each with unique settings for time horizons, risk levels, and monthly contributions. The system dynamically adjusts investment strategies based on real-time market conditions, changes in user contributions, or changes in market trends.
Real-Time Data Fetching and Caching: By leveraging Redis as a caching layer, the platform ensures that users can retrieve up-to-date stock prices, asset performances, and market trends without significant delays. Redis also stores session data, enabling a smoother user experience.
Performance & Scalability: Node.js provided the platform with asynchronous, non-blocking capabilities to handle high loads and serve multiple requests simultaneously. Redis reduced database hits, especially for real-time stock prices and portfolio information, significantly improving app response times.
Personalized Investment Recommendations: The Node.js backend uses advanced algorithms and real-time data to suggest portfolio adjustments based on user-defined financial goals. As market conditions change, Redis caches real-time data for the most frequently traded stocks and assets, reducing the lag between data fetch and recommendation generation.
Cross-Platform Accessibility: Using Ionic 6, the app provides a consistent, native-like user experience across iOS and Android. It allows users to manage their investments on the go, from goal setting to portfolio monitoring.