FintechMobile App Development

Portfolio Management App Development: A Technical Guide


While investing in stocks, bonds, digital gold, or any other financial instrument, you may find it difficult to manage your investment portfolio, thus, failing to yield the best returns on your investments. resulting in yielding the best results. If so, Portfolio Management Apps could be one of the most useful apps on your phone. 

People, particularly working professionals, are increasingly showing interest in investing, to achieve their short and long-term financial goals. According to the research, around 61% of the US population invest in stocks, and this figure is increasing year after year. 

With more than half of the US population already invested and more will invest in the coming years, Portfolio Management App development is becoming increasingly important to cater to the growing user base.

Therefore, if you are someone who is looking to develop a custom Portfolio Management app, this blog will help you with the technical aspects of its development process. 

So, keep on reading the blog till the end and gain helpful insights that will assist you in developing tailored Portfolio Management solutions for managing investment portfolios for your users.  

Market Statistics For Portfolio Management Applications and Software 

Here are some of the latest statistics reflecting the market of Portfolio Management solutions worldwide. 

  • The Global Portfolio Management software industry is predicted to generate $11.8 billion by 2032, growing at a CAGR of 14.2% from 2023 to 2032. 
  • Over 2,790 companies are currently using one or more Investment Portfolio Management software. 

These reports depict that the demand for Portfolio management applications and software will grow in the future. Thus, it is the best time to develop a Portfolio Management application and take advantage of this opportunity. 

What are Portfolio Management Applications? 

Portfolio Management Apps are mobility applications, solutions, and software that allow individual users, Portfolio managers, and other finance professionals to manage their own or client’s investment portfolios. 

It is crucial to keep a tight eye on the investments and figure out which are working and which ain’t. 

Thus, users employ these Portfolio Management software and applications having advanced features and functionalities that help them keep track, analyze, and optimize their investments, allowing them to make informed data-driven decisions regarding their investment strategies.

Why You Should Develop a Portfolio Management App?

Besides addressing the growing demand for Portfolio Management Apps and software in the coming years, there are various reasons for Portfolio Management Software development. 

  1. Helps Your Users Managing Investment Portfolios

With Portfolio Management application development, you can assist your users or businesses to manage their assets and investment portfolios effectively and make informed decisions for their further investments. 

  1. Helps in Risk Management 

Investment in stocks, bonds, digital golds, cryptocurrencies, all these options involves a level of risk. But, with the best software for portfolio management, your users can identify potential risks, invest carefully, and yield the best ROIs. 

  1. Performance Tracking and Reporting 

Portfolio management apps also have performance tracking and reporting features, that allow your users to keep track of the performance of their investments. Moreover, it also generates reports mentioning crucial insights regarding the assets and investments. 

  1. Accessibility

By building custom Portfolio management apps and software, you can allow your users to access and analyze their investments 24/7. This will keep your users stay top of their investments. 

  1. Competitive Advantage

As discussed before, the Portfolio management app market tends to grow in the coming years. Therefore, developing an application or software that helps people manage their investment portfolio will give you a competitive advantage in the Fintech sector. 

Now, let’s proceed and explore the development process for a custom Portfolio management app. 

Process to Develop a Portfolio Management App 

Portfolio Management App development consists of several stages. This guide on Portfolio Management App Development will help you learn about those stages in detail. 

  1. Begin With Defining the Objectives and Requirements 

The Portfolio Management App development process begins with detailed planning of the further development process. Define the objective of your application for Portfolio Management, and set your target audience – whether you want to develop your software for individual investors or large-scale businesses. 

Also, list down the features, functionalities, and technologies you want to integrate into your Asset Management solution. 

  1. Research Your Competitor 

It is important to research the existing Portfolio Management solutions available in the market. Check their plus points, and loopholes, and get ideas for your app or software. Also, evaluate the feedback of the existing app to get deep insights into the user preferences.

  1. Share Your Research With the Development Team

Portfolio Management app development requires deep expertise in mobile app development, tools, and technologies. Thus, if you have an in-house app development team, you can proceed further. 

But if you do not have relevant expertise, you can hire a top fintech mobile app development company to develop your Investment Portfolio Management software. 

Have consultation sessions in detail and decide upon the technology stack you will require for the app development. Programming Languages, such as Kotlin for Android, Swift for iOS, or Dart for cross-platform apps. Similarly, you can decide on app development frameworks, such as React Native, Flutter, Xamarin, etc.

  1. Design the Wireframe 

With your Portfolio Management software development team, design the wireframe of your mobility solution. While designing the layouts, icons, and tabs, keep in mind to keep the user interface intuitive to enhance the overall user experience. 

There are various designing tools available you can use to design the wireframe, icons, and layouts of the Portfolio Management app. A few of them include Adobe XD, Figma, Balsamiq, LucidChart, Mockflow, and more.

  1.  Start With Development Process 

Based on the designs, start the development process of Portfolio Management software. Assign the particular tasks to your app developers. If you have hired a development team, coordinate with your project managers and keep a tight eye on the development process. 

Your FinTech app developers work on the backend and frontend development simultaneously to ensure seamless development. Portfolio Management App’s backend development consists of developing server-side logic that allows handling user authentication, authorization, and portfolio management operations. 

It also involves designing and implementing RESTful APIs or GraphQL endpoints for creating a channel of communication between the front end and back end. Moreover, backend app developers will build the database, such as SQL or NoSQL, which is used to store user data, portfolios, and any other relevant data.

When it comes to frontend development, dedicated app developers build the frontend components, user interface, icons, and tabs of your application. They will implement features like portfolio overview, asset allocation charts, and individual asset details into your Portfolio management apps. 

During development, ensure that the app provides a seamless user experience across various screen sizes, platforms, and devices. 

  1. API Integration

Application Programming Interface, or APIs, are mechanisms allowing two applications to connect and communicate using a set of protocols. API integration is crucial in developing a FinTech application like a Portfolio Management App to fetch real-time market data. 

Therefore, your developers will add APIs to your applications and also third-party tools like payment gateways like PayPal or AI-powered analytics platforms, if required by your app.   

  1. Testing 

Once your Portfolio Management Software Development is done, test it vigorously to make sure it is functioning properly and fulfilling all the requirements and standards. 

You can proceed with unit testing, where you test the individual components of your mobility software, and integration testing to verify the integration between different modules. Moreover, you can also opt for Beta Testing, to gather feedback from your users, and make necessary changes if required. 

  1. Deployment 

After debugging your application or software during the testing phase, you are now ready to deploy your Portfolio Management Application. The deployment of your app will solely depend on your app type, its scope of scalability, target users, and more.  

For instance, it is an Asset Management software for businesses, you can go with the trend and deploy it on Cloud technology, making it a Cloud-powered software. On the other hand, if you have built a personal Portfolio Management App for a wide user base, you should deploy your application on Playstore and App Store. 

Therefore, this development process will you in building a custom Portfolio Management App, that helps your users to manage their portfolios. Now, let’s move forward and explore some of the advanced features to integrate into Portfolio Management software and apps. 

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Top Features to Add to Portfolio Management App

Here are some of the advanced features you can integrate into your Portfolio Management app or software to enhance the user experience and functionalities of the solution. 

  • Real-Time Portfolio Tracking feature to monitor investment holdings.
  • Performance Analysis feature that includes charts and graphs showing performance metrics.
  • Asset Allocation feature to distribute assets within the portfolio in a well-balanced and diversified way. 
  • Research and Market News feature to provide users with the latest news and information about the market, companies, government policies, etc. 
  • Blockchain-Enabled Transaction History Viewer feature to view and maintain track of the buying and selling of investments over time, keeping the data safe over the Blockchain
  • Cloud Storage feature to store and access data on the Cloud
  • High-end Security features, such as biometric logins and end-to-end encryptions, for protecting your user’s data from unauthorized access.  
  • Smart Tax Reporting feature to enable users to plan and file taxes on investments and capital gains/losses.  
  • Real-Time Alerts feature to alert for specific events or price movements regarding their investments through Push Notifications.

Therefore, these are the best features you can add to your Portfolio Management software and software to improve the user experience. 

Types of Portfolio Management Applications and Software 

Here is the list of types of Portfolio Management applications and software that you can build for your business. 

  1. Personal Portfolio Tracking and Management Apps

The Personal Portfolio Management apps are the mobile applications that an individual use to manage their personal investment portfolio. With these apps, one can manage fixed deposits, bonds, gold, and other investments. 

  1. Asset Portfolio Management Solutions

These types of Portfolio Management solutions allow users to manage their assets. It includes high-end functionalities that make it easy for users to manage their assets, such as cash and cash equivalents, insurance policies, savings, jewelry, and more. 

  1. Stock Portfolio Management Applications 

You can develop Stock Portfolio Management apps and software to allow investors to manage their share market portfolio, including stocks, bonds, fund units, foreign exchange, etc. 

  1. CryptoCurrency Portfolio Tracking & Management Software

Considering the popularity of cryptocurrencies across the world, developing a Cryptocurrency Portfolio Management software can be a proven fintech app development idea

By creating the software, you can help Crypto investors manage their portfolio consisting of cryptocurrencies, crypto-ETFs, cryptocurrency coins, NFTs, DeFi, and more. 

  1. Institutional Portfolio Management Tools 

Institutional Portfolio Management tools and software are used by leading businesses in managing their portfolio. With these tools, the portfolio managers at these institutions can track and manage the assets, project investments, stocks, and other investments of the company. 

Moreover, these tools and software are also used by top banks and financial institutions to manage the portfolios of wealthy clients across the world.

  1. Real Estate Portfolio Management Solutions 

Technology is transforming the real estate industry real fast and Real Estate Portfolio Management solutions are the proof of this. These solutions help real estate firms to manage properties. 

Also, these solutions assist individuals to track and manage their real estate portfolio, including properties, rental incomes, land, real estate taxes, etc. 

Therefore, these are the kinds of Portfolio Management apps, software, and solutions that you can create customized to your specific business needs. If you have any ideas or queries related to this, feel free to reach out to our team. 

List of Popular Portfolio Management Applications and Software 

The following are some well-known Portfolio Management apps and software available in the market. 

  1. Empower App

Empower is a kind of personal finance and portfolio management application, that empowers people to track and manage their portfolios and helps them achieve their future financial goals. 

  1. JP Morgan Asset Management 

JP Morgan Asset Management solution is one of the leading asset management applications in the market. It is used by portfolio managers and leading financial institutions to manage their client’s assets. 

  1. Ziggma 

Ziggma is a popular Stock Portfolio Management app that allows users to stay on top of their stock investments by identifying the volatility of the stock market and managing the risk.  

  1. CoinStats 

CoinStats helps users to track and manage their cryptocurrencies, DeFi, and Non-Fungible Tokens (NFTs) all from a single place. The app includes emerging features, such as a real-time crypto price tracker, AI-based recommendation system for best NFTs, Crypto coins, and DeFis, and custom alerts. 

  1. Allvue Systems 

Allvue Systems is one of the best Institutional Portfolio Management tools used by leading finance companies and banks to meet their specific business needs, whether it is to manage their internal portfolios or managing their client’s portfolios. 

  1. Buildium

For those who are looking for real estate portfolio management solutions, Buildium can play a crucial role in fulfilling their needs. Buildium solution helps users manage property portfolios and assess property values based on real-time market prices.  

So, these are the top Portfolio Management apps and software that individuals and leading finance institutions use to manage portfolios. 

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How Quytech Can Help With Portfolio Management App Development?

Portfolio Management applications are the best solutions for those who want to manage their portfolios with proficiency to achieve their future financial goals. Thus, it is important to develop Portfolio Management software that guides your users effortlessly toward their specific goals.

At Quytech, we help businesses looking to develop Portfolio Management apps and solutions tailored to specific business needs. With top-notch features and functionalities powered by cutting-edge technologies, we ensure that your Portfolio Management solution is not only the best in the market but also revolutionizes the way your users manage their portfolios.   

Why Hire Us:-

  • For in-depth expert-level consultations
  • Top-notch features in your app and software
  • Skilled developers with 25+ years of experience
  • Cutting-edge technologies to enhance your app’s functionalities 
  • Post-development support 
  • 100% client satisfaction 

For more information, visit our website- Quytech. Also, feel free to reach out to our experts to discuss business inquiries or share your ideas. We welcome the opportunity to assist you.