Sparq is a revolutionary RegTech solution built for ING to help the bank comply faster with regulatory pressure. We set out to create the first end-to-end compliance solution in the world. We achieved this by building a validated MVP in just ten weeks before making it to a complete solution to master the regulatory waves banks have to manage. The product’s real-time collaboration features and custom-made document library allowed ING to streamline its processes and cut down the time span of compliance trajectories from 2 years to just six months. With transparent audit trails and the ability to fully customise the platform for any workflow, ING’s Sparq is a game-changer for the highly innovative Dutch bank.
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Sparq is built on top of our existing library of dynamic backend modules functioning as building blocks for our RegTech products. This approach allows us to quickly test new functionalities and create a foundation for future developments. Each module is configurable and can be adjusted to the specific use case of a product. By reusing knowledge from existing products and focusing on creating the best user experience in the market, we save our clients time and money while ensuring security and scalability.
Users have the options to create a document from scratch or from one of the many templates.
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The ability to comment on a document makes giving feedback and suggestions more efficient.
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Once logged in to the dashboard built in React, businesses can manage their templates and layouts, see orders, and update their company information.
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We heavily utilised the CSS grid property to create pixel-perfect kayout, Microsoft TypeScript to catch bugs before they appear, and Google Puppeteer for browser automation and extensive code testing.
The API we built in Node.js enables businesses to integrate their tech stack, and generate photobooks based on their custom template automatically.
"We know that navigating compliance can be a real headache for businesses. That’s why we set out to create a solution that makes it easy for our clients to understand and meet regulatory requirements effortlessly. Our design team’s user-centric approach streamlined the entire compliance process for ING through a powerful software solution packed with nifty features. Reducing time spent on compliance trajectories significantly while adding the transparency needed to deal with audits. "
"Our software engineering team took a unique approach to building Sparq - besides using Eli5’s extensive library of RegTech building blocks, we used the best tools for the job. By breaking the platform down into specialised microservices, we were able to create a solution that is efficient and easy to scale and maintain. Our diverse tech stack, including languages such as Typescript, Vue.js, Python, and Kubernetes, allowed us to create a solution tailored to our client’s specific needs. With Sparq, regulatory compliance within ING has never been easier. "
