Meeting with Jadwa, demo by Talal Al-Harbi
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they need Huwaei, Android, apple store, iOS
individual clients vs corporate clients: DBM- clients 50 millions investment and above less than 50 normal clients. jadwa maintains financial data on behalf of corporate, related to investment.
Access control is not using IAM
integration with CIS.
suspended client can sell share but cannot buy. T-1, not live data.
main activity of jadwa is investment fund.
assent class:
all will be retrieved from the core system.
beneficiaries are local banks currently, but they want to add international banks.
- client’s own account from investment account.
open banking integration to get user account and iban number to validate.
- they are sure about Alimna Bank bank to validate.
notification engine.
currently they just have info from Tadawul, they want to add US and other markets as well.
clients can create purchase orders or orders and submit them at the same time when market opens.
core system is already integrated with Tadawul and fetches the live data.
KYC #
Yaqeen and elm services or Nafath to get the data.
new user online account opening with new user name and password.
Private equity system #
like crowd funding.
jadwa qualified clients.
they are doing at database level.
cost of using elm or Nafath for authentication and authorization is too expensive.
Major requirements #
- enhance ui/ux
- enhance api with existing database, add data points to improve experience.
Questions during the meeting #
- all the info web app get through apis?
- SSO and IdP?