How much does it cost to build a content management app for the finance sector?

Standard price for a content management app for the finance sector: $40,000

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What is a content management app for the finance sector?

Content management apps for the finance sector help finance professionals track and distribute content in their industry. A content management app for the financial industry should feature a CMS (content management system) to edit and post documents, images, and other media in an organized way. The app should also include user groups and permission settings that enable users to access specific content areas.

Content management apps are similar to most other project management apps with rich media components, such as software development apps, customer support apps, and project management apps. Salesforce is one of the most common content management systems (CMS) or business process management (BPM) platforms used by businesses today.

Here are some recent content management app for the finance sector examples built with Crowdbotics:

  • A gamified FinTech app with Plaid and social media integrations that includes a stock ticking game and leaderboard with real brokerage accounts, competitions, and prizes.

What is the typical cost to build a content management app for the finance sector?

A content management app for the finance sector usually costs $40,000 to build. However, the total cost can be as low as $30,000 or as high as $50,000. A content management app for the finance sector with a low number of features (also known as a "minimum viable product", or MVP) will be more affordable than an app that includes all intended functionality.

For example, here are some recent price quotes for a content management app for the finance sector from Crowdbotics:

  • $30,499

How long does it take to build a content management app for the finance sector?

A content management app for the finance sector usually takes 407 hours to build. However, a content management app for the finance sector can be built in as few as 400 hours, or in as many as 667 hours. The exact timeline mostly depends on how complicated your app is. As a general rule, it will take longer if you require highly custom designs, niche features, or non-standard release platforms.

For example, Crowdbotics produced the following recent hourly estimates for a content management app for the finance sector:

  • 407

How to successfully grow your content management app for the finance sector

A content management app can grow by providing high-quality information or entertainment for finance professionals. The finance sector includes businesspeople, investors, and individuals who are interested in the stock market. Finance professionals need to stay informed about financial news and economic developments in order to make decisions that affect major industries. To reach this group, a content management app should provide relevant news that is organized in a way that helps users quickly find relevant information.

Risks and challenges of building a content management app for the finance sector

A finance-related content management app faces risks related to the handling of financial information, the violation of regulatory compliance requirements, and technological risk. Before developing your content management app, you should determine whether you are subject to state or federal financial regulations, such as the SEC’s Regulation SCI. You may also be subject to FINRA regulations if your app is used by registered broker dealers. A content management app for the finance sector should take care not to violate these regulations regarding the storage of personal information and the provision of online banking services through an application interface.

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Some of the descriptions on this page were completed with AI assistance. Learn more here.