Real Time (Live) Rates Solutions

1) Single Web Page, Single Mobile App Screen

2) Mobile App With Buy and Sell Facility On Real Time Rates

3) Jeweller Diary Type Gold Or Gold Jewellery Buying Facility

4) In Gold And Silver Jewellery Accounting, Real Time Rates Can Give Accurate Picture of Figures

For Option 1), 2), 4) Above, MCX, Comex, DGCX, NSE FO, Spot Currency Rates Are Expected To View.

For Option 3) Above, In The Past, Jewellers Were Maintaining Diary, So that their Client Can Come and book Gold for ₹1000 Or ₹5000 Or ₹10000 per Month and at End of The Year OR On Collection of Some Amount, Client Can purchase Gold On Collected Amount.  Now A Days, Client Does Not Have time To Come To Jeweller Shop and Maintain Diary. So, Jeweller Can Ask Their Clients To Buy Gold Via Mobile App.

As an experienced IT development company, we've broken down the project into key components to provide a transparent and comprehensive cost estimate.

Key features include:

• Real-time Data Display: Live feeds for Symbol, Bid, Ask, and Last Traded Price (LTP) for the nearest month contracts from COMEX, MCX, DGCX, and NSE F&O.

• Currency Spot Rates: Real-time display of major currency pairs.

• Superadmin Panel: A comprehensive dashboard for your team to manage the platform and set global formulas that can be pushed to all users.

• User-Specific Admin Panel: A personalized dashboard for each user to create and manage their own custom formulas based on the real-time data feeds.

Development Costs (One-Time):

This is the cost to design, develop, and deploy the entire platform.

• UI/UX Design: Crafting a modern, intuitive, and user-friendly interface for both the web and mobile applications is critical for user adoption. This includes creating wireframes, interactive prototypes, and the final visual design.

• Web Application Development: This covers the frontend development of the web platform using a robust framework. It will include all the features for data visualization, user authentication, and the admin panels.

• Mobile Application Development: We recommend a cross-platform approach to build a high-performance mobile app for both Android and iOS from a single codebase, which is more cost-effective than building two separate native apps.

• Backend Development: This is the core engine of your platform. It includes:

  • API Development: Creating secure and scalable APIs to connect the frontend with the backend.

  • Database Architecture: Designing and implementing a high-performance database to handle real-time data and user information.

  • Real-time Data Processing: Building the infrastructure to ingest and process high-frequency data from multiple exchanges.

  • Formula Engine: Developing the logic for both the Superadmin and user-specific admin panels to create, manage, and execute complex formulas in real-time.

• Testing and Deployment: Rigorous testing across all devices and scenarios to ensure a bug-free and smooth user experience, followed by deployment to live servers.

Recurring Annual Costs

These are the ongoing operational costs to keep the platform running smoothly.

• Real-Time Data Feed Subscriptions: This is a significant and unavoidable recurring expense. The cost can vary based on the specific data packages and licensing agreements with each exchange.

  • NSE F&O, MCX, COMEX & DGCX, Currency Spot Rates charges per year.

  • If Data We Take Via Excel in Real Time, Some Delay Of Data We Can Expect, but possible.

• Server and Infrastructure Hosting: To handle the high volume of real-time data and user traffic, a robust cloud infrastructure (using AWS, Google Cloud, or Azure) is necessary. This includes servers, databases, and content delivery networks.

• Marketing and Promotion: As we are handling the marketing, a dedicated budget is required for activities such as:

  • Digital advertising (Google Ads, social media campaigns)

  • Content marketing (blogs, articles, educational resources)

  • Search Engine Optimization (SEO)

  • Social media management and community building.

• Platform Maintenance and Support: This covers ongoing bug fixes, security updates, feature enhancements, and technical support for your users.