WEB PORTAL FOR SOPHISTICATED INSTITUTIONAL INVESTORS ON WALL STREET

Covenant Review was launched in 2006 as the first research firm that focused solely on bond and loan covenants that provides valuable information to sophisticated investment firms on their rights as bondholders. They offer independent research on corporate bond terms for hedge funds, mutual funds, and other investors.

The need for a custom solution

After working many years as an investment banker, the client identified a niche business opportunity that would help high profile investment companies easily decide which bonds would yield the most favorable market position to its clients. As bonds are traditionally accompanied by a 300-page document (Prospectus), lawyers charge a hefty sum to review it and advise clients on their rights, which in turn helps the clients make a decision about investing in it.

Covenant Review had their in-house lawyers (with investment banking background) and investment analysts review and write a 4-6 page legal brief as a bond would hit the market. Investment Management companies could pay for a subscription service with Covenant Review, gain access to these consolidated and easy-to-digest reports and receive prompt legal advice at a fraction of the cost a lawyer would charge.

Requirements

Covenant Review approached the team at Asahi Tech to examine whether a custom web portal could be built with all the features that met the founder’s vision. After several discovery meetings, our engineering team was able to translate the client’s needs into the following technological requirements:

PERFORM POWERFUL
SEARCH CAPABILITIES

The ability to search across thousands of documents and return results in mere seconds.

GRANULARLY DEFINED
USER PERMISSIONS

Every employee in the organization to receive access to different features on the portal based on employee seniority and role.

INTEGRATED E-MAIL
MARKETING AUTOMATION

Send e-mail newsletters to subscribers and clients quickly and efficiently when a new report is published on the site.

BUSINESS
REQUIREMENTS

AUTOMATE REPORT
GENERATION

Generate customer-facing, professional-looking reports on the click of a button by formatting existing data from the database.

INDEX BOND INFORMATION
AND MAKE IT READILY AVAILABLE

Provide customers with easy searchability and access to vital information about each bond so that they would have all the essential information needed to make an investment decision.

AUDIT TRAILING

Track every single action the customers take on the site in order to determine improvements that can be made to the user experience, and also to determine opportunities to upsell additional subscriptions to existing customers.

PERFORM POWERFUL SEARCH CAPABILITIES

The ability to search across thousands of documents and return results in mere seconds.

GRANULARLY DEFINED USER PERMISSIONS

Every employee in the organization to receive access to different features on the portal based on employee seniority and role.

INTEGRATED E-MAIL MARKETING AUTOMATION

Send e-mail newsletters to subscribers and clients quickly and efficiently when a new report is published on the site.

AUTOMATE REPORT GENERATION

Generate customer-facing, professional-looking reports on the click of a button by formatting existing data from the database.

INDEX BOND INFORMATION AND MAKE IT READILY AVAILABLE

Provide customers with easy searchability and access to vital information about each bond so that they would have all the essential information needed to make an investment decision.

AUDIT TRAILING

Track every single action the customers take on the site in order to determine improvements that can be made to the user experience, and also to determine opportunities to upsell additional subscriptions to existing customers.