Trade Republic: Back-office admin platform for a commission-free mobile broker bank

Trade Republic Bank GmbH, Germany's first mobile and commission-free broker bank, needed a proprietary back office to work with and control all the processes along its value chain. CML Team built the administrative web application, connected to the bank's backend systems through APIs. It went live at the beginning of 2019.

Client: Trade Republic Bank GmbH, Germany
Industries: FinTech
What we did: Built the admin and back-office application server-side and client-side, connected it to the bank's backend systems and kept delivering new features in close coordination with the client's other developers.
Funding raised: $1.3B

Who is the client behind Trade Republic?

Trade Republic Bank GmbH is Germany's first mobile and commission-free broker bank, based in Berlin. Shares, derivatives and cryptocurrencies can be traded on its mobile app.

traderepublic.com

What problem did Trade Republic have?

The bank decided to build a proprietary back office system to work with and control all the processes along the value chain of its business. The key focus was on expanding the functional deck of the system and developing new views that could support and replicate processes.

What did CML Team build for Trade Republic?

A full admin and back-office application covering all backend systems of the platform, built server-side and client-side
An integration layer connecting the admin app to multiple backend systems through a broad variety of APIs
Smooth, centralized control of all the bank's business processes from the admin platform
An expanded functional deck of the system
New views that support and replicate the bank's operational processes across the brokerage value chain
Ongoing new features that support critical brokerage operations and keep pace with dynamically changing business requirements

What was the result for Trade Republic?

The back-office system went live at the beginning of 2019 and became a vital, underpinning system for delivering the bank's brokerage services to its clients. Having a fully functional back office was vital for providing brokerage solutions to the bank's clients.

Client feedback

CML Team LTD developed a functional platform that streamlined business processes. The team worked efficiently, meeting tight timelines. Their flexibility was also noteworthy.