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Success story
Success Story
RAMS Home Loan Projection System
Background
RAMS Home Loan is Australia’s second largest non-bank mortgage originator with approximately 30 percent market share. The company has a large mobile sales force that meets hundreds of potential customers on a daily basis and provides borrowing consultancy and calculations.
Business Needs
The business requires its sales representatives to be able to carry a laptop computer to the meeting places and run a variety of calculator applications such as:
Loan Repayment Calculator
Extra Repayments Calculator
Lump Sum Calculator
Borrowing Power Calculator
Leasing Calculator
Savings Calculator
Stamp Duty Calculator
Bridging Loan Calculator
Company Borrower Calculator
The Challenge:
Being able to keep the applications up to date with latest formulas and regulations
Having easy access to the different types of applications and being able to quickly switch between applications
Keeping the online and the desktop applications synchronised everytime the applications are updated
Notifying the desktop application users of any updated versions on the Internet to download
Keeping the applications Internet browser independent
The Solution:
Develop a stand-alone desktop application that is easily downloadable from RAMS’ website which can be run independently without any links back to other systems.
Keep the size of the downloadable applications as small as possible using compression and self-extraction technology
Put all calculator applications under one umbrella using different tabs for different applications
Use Microsofts HTA and Java technology so the input and output values in the applications are instantly updated just like an Excel file
Use XML database so that the data is stored in a consistent method for both the online and the desktop applications