Overview
Cost optimization, risk mitigation, time efficiency, and flexibility to meet clients’ needs. This case study closely highlights our “One Team Manifesto” approach to custom software development projects and how it delivers what it promises.
Discover how a Product Centric approach, based on the principles of Agile and Lean, can help you develop and manage a custom solution product from scratch.
Case study
Overview
Cost optimization, risk mitigation, time efficiency, and flexibility to meet clients’ needs. This case study closely highlights our “One Team Manifesto” approach to custom software development projects and how it delivers what it promises.
Discover how a Product Centric approach, based on the principles of Agile and Lean, can help you develop and manage a custom solution product from scratch.
About the Client
ELITE, launched by Borsa Italiana in 2012 is a subsidiary of Euronext. Euronext, short for European New Exchange Technology, is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as 2024. Elite is the entity that assists small and medium-sized enterprises to grow and access private and public capital markets.
ELITE’s mission is to support companies in long-term sustainable growth by accelerating the process of accessing capital, skills and networking.
For more on the client www.elite-network.com
About the Client
ELITE, launched by Borsa Italiana in 2012 is a subsidiary of Euronext. Euronext, short for European New Exchange Technology, is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as 2024. Elite is the entity that assists small and medium-sized enterprises to grow and access private and public capital markets.
ELITE’s mission is to support companies in long-term sustainable growth by accelerating the process of accessing capital, skills and networking.
For more on the client www.elite-network.com
Benefits
–Reliable, modern, and smooth solution designed to facilitate critical financial processes and activities.
–Answering all client’s concerns through our approach for custom software development projects “One Team Manifesto”.
–Responding to client’s flexibility and working model needs. E.g. agile contract model.
–Methodologies e.g. DevSecOps & Shift Security Left.
–Satisfied customers.
Benefits
- Reliable, modern, and smooth solution designed to facilitate critical financial processes and activities.
- Answering all client’s concerns through our approach for custom software development projects “One Team Manifesto”.
- Responding to client’s flexibility and working model needs. E.g. agile contract model.
- Methodologies e.g. DevSecOps & Shift Security Left.
- Satisfied customers.
The success of consistently achieving
Giordano Sassaroli
One of the key factors behind the success of the project and our strong relationship with SORINT.lab is the trust we’ve built. This trust is largely due to the adoption of an Agile Fixed Price contract, which ensures the project is delivered within a set budget while maintaining the flexibility to adapt to evolving needs over time.
The success of consistently achieving
Giordano Sassaroli
” One of the key factors behind the success of the project and our strong relationship with SORINT.lab is the trust we’ve built. This trust is largely due to the adoption of an Agile Fixed Price contract, which ensures the project is delivered within a set budget while maintaining the flexibility to adapt to evolving needs over time. “
The Challenge
ELITE was looking to digitize all its operations and processes to support growth, expansion, and provide better customer service to stakeholders. The client was exploring the development of a custom software solution— a complete digital platform— to manage all the complex activities involved in the fundraising process between investors and organizations or projects seeking funding.
The goal was to support interactions and promote the engagement of the ELITE community of companies and partners. To offer a community engagement channel, allowing each participant to find and interact with each of the other European companies and partners present, develop their profile and promote their services. Furthermore, to give visibility to all ELITE membership services, to increase the value perceived and received by participants, and to promote the launch and adoption of new services. Finally, to support the scalability of ELITE’s business as the community and international presence grow, through the digitization of data collection, onboarding and profiling, event management processes, etc.
The Client turned to us to find a solution tailored to their needs, which would put the business, and the needs of the various interlocutors involved at the center.
SORINTians Tackling the Challenge
After a comprehensive “Discovery” phase to analysis the requirements and to understand the solutions market availability, we realized that there was nothing capable of responding to ELITE’s needs in an adequate way, which guaranteed a high level of customization, compatible with the network’s development prospects. The need therefore emerged to design and develop a dedicated digital platform. A customized solution capable of generating value in the long term and guaranteeing the necessary support over time. A flexible product, but at the same time solid from the point of view of security, capability of optimizing costs, time, mitigating risks, and guaranteeing the necessary scalability with respect to future prospects. These aspects, among many others, were addressed through SORINT.lab’s One Team Manifesto—our unique philosophy and approach to custom software development
SORINTians’ Perspective
Various factors need to be effectively addressed to exceed expectations. SORINTians are well-versed in this expertise.
From the kickoff, we allocate a Senior Scrum Master to manage project planning activities, set the most appropriate, fitting, and latest methodologies, and establish an effective communication workflow with all stakeholders.
Selection of existing tools, functions, modules, and libraries from our pool of reusable frameworks to leverage predefined functions. We also form a team with all the necessary skills and specializations for the initial project phases, following the guidelines of our ‘One Team Manifesto‘ to ensure risk mitigation, cost reduction, and adherence to deadlines.
Crafting a flexible work contract with the client (Agile Fixed Price Contract) that accommodates their needs from both operational and financial perspectives (considering client’s internal procurement requirements/buying process), while still maintaining focus on business objectives.
Moving on to development activities, the platform has completed over 120 sprints in five years of collaboration, with releases every three weeks and an average of 93% task completion per sprint.
The objectives of the ELITE platform, closely connected to market dynamics and innovation, required a shift in focus compared to traditional approaches. While a project-based approach works well for developing pre-established features with a predefined investment, it lacks the necessary flexibility to adapt to changing market needs. In a dynamic and competitive context like ELITE’s, a more holistic, ‘Product-Centric’ orientation is crucial—one that evolves over time, meets customer needs, and quickly seizes new opportunities.
The Challenge
ELITE was looking to digitize all its operations and processes to support growth, expansion, and provide better customer service to stakeholders. The client was exploring the development of a custom software solution— a complete digital platform— to manage all the complex activities involved in the fundraising process between investors and organizations or projects seeking funding.
The goal was to support interactions and promote the engagement of the ELITE community of companies and partners. To offer a community engagement channel, allowing each participant to find and interact with each of the other European companies and partners present, develop their profile and promote their services. Furthermore, to give visibility to all ELITE membership services, to increase the value perceived and received by participants, and to promote the launch and adoption of new services. Finally, to support the scalability of ELITE’s business as the community and international presence grow, through the digitization of data collection, onboarding and profiling, event management processes, etc.
The Client turned to us to find a solution tailored to their needs, which would put the business, and the needs of the various interlocutors involved at the center.
SORINTians Tackling the Challenge
After a comprehensive “Discovery” phase to analysis the requirements and to understand the solutions market availability, we realized that there was nothing capable of responding to ELITE’s needs in an adequate way, which guaranteed a high level of customization, compatible with the network’s development prospects. The need therefore emerged to design and develop a dedicated digital platform. A customized solution capable of generating value in the long term and guaranteeing the necessary support over time. A flexible product, but at the same time solid from the point of view of security, capability of optimizing costs, time, mitigating risks, and guaranteeing the necessary scalability with respect to future prospects. These aspects, among many others, were addressed through SORINT.lab’s One Team Manifesto—our unique philosophy and approach to custom software development
SORINTians’ Perspective
Various factors need to be effectively addressed to exceed expectations. SORINTians are well-versed in this expertise.
From the kickoff, we allocate a Senior Scrum Master to manage project planning activities, set the most appropriate, fitting, and latest methodologies, and establish an effective communication workflow with all stakeholders.
Selection of existing tools, functions, modules, and libraries from our pool of reusable frameworks to leverage predefined functions. We also form a team with all the necessary skills and specializations for the initial project phases, following the guidelines of our ‘One Team Manifesto‘ to ensure risk mitigation, cost reduction, and adherence to deadlines.
Crafting a flexible work contract with the client (Agile Fixed Price Contract) that accommodates their needs from both operational and financial perspectives (considering client’s internal procurement requirements/buying process), while still maintaining focus on business objectives.
Moving on to development activities, the platform has completed over 120 sprints in five years of collaboration, with releases every three weeks and an average of 93% task completion per sprint.
The objectives of the ELITE platform, closely connected to market dynamics and innovation, required a shift in focus compared to traditional approaches. While a project-based approach works well for developing pre-established features with a predefined investment, it lacks the necessary flexibility to adapt to changing market needs. In a dynamic and competitive context like ELITE’s, a more holistic, ‘Product-Centric’ orientation is crucial—one that evolves over time, meets customer needs, and quickly seizes new opportunities.
Key Results
A streamlined product-centric solution facilitating the capital raising for over 1K corporate finance operations valued at approximately €13 billion euros
A flexible contract model able to match client’s needs while mitigating risks, cost, and time challenges
A solid agile framework able to deliver, track, and continuously align with the required IT specializations
A satisfied client who’s able to focus on core business, with no software development hassles
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Download the full version to learn more on this project!