We Are

Functional

Software Developers & Consultants

We Are
Functional

Functional IT is a group of software developers wanting to make a difference. We don’t just occupy seats, attend meetings and create power points – we deliver functional software, on time, on budget, that meets your business requirements. We have a 100% track record of proven software delivery that generates business value with many years of experience working with both large enterprises and small start ups. We don’t accept the norm but try and innovate to put you ahead of your competition.

The founders of Functional IT previously started Infovest, a company that specialises in data management for asset managers.  After growing the company to 50 people and  dominating the market in South Africa for 10 years the business was sold to Statpro LLC, a UK based analytics software company. The skills learned have been carried over to our new venture giving us many years of experience with developing software and managing large IT projects.

What We Do

< Software />
Development

We develop software that delivers actual business value however large or small your requirements.

< Business/>
Analysis

After an in-depth consultation and analysis exercise we discuss time-lines, budgets and risks.

< Software />
Architecture

We help companies migrate legacy systems to the cloud for maximum performance and cost-saving.

Our Capabilities

< data/>
integration

Our team has over 10 years experience with data integration  projects within financial services.

< business/>
intelligence

We have worked with financial data for over 10 years and have a very deep understanding of what management and customers expect to see. 

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learning

We have started to research machine learning capabilities to help companies take this exciting journey into the future. 

Understanding Your Business

ALIGN
NEEDS
SUPPORT
BUDGET
TRAINING
TIMELINES
HANDS ON
CREATIVE
“Just wanted to give you feedback, the system is working really nicely. Everyone is up and running and we are processing payments much quicker than before. Everything is so much more organized. We have saved 1.5 employees time and over 5000 printed pages of paper a month with a return on investment of 500%.”
Fiona Rohlandt
Managing Director, InCompass Financial Solutions, Cape Town
I would like to thank you and your team for your professionalism and delivery. It was a pleasure working with you and I really appreciated how you kept to your agreed delivery deadlines and targets despite the complexity of the project. The Functional IT team serve as a great example ingenuity and delivery focus.
Roland Am
Project Manager, M&G Asset Managers, UK
"Please be informed that Q2 investor reporting is completed and released on time. It went smoothly from the technical prospective, the system is user friendly and functions fast. I want to take this opportunity to thank Michael Willemse for his professionalism and great support, addressing all issues in a very efficient and timely manner. It is a great collaboration experience!"
Anna Sosnova
Finance Manager, Re Capital, Switzerland

Our Projects

We have worked on multiple projects including a workflow automation system that enabled forex payments and an enterprise scale cloud system that allows the sale of insurance policies via mobile devices. We are currently planning and working on various other cloud systems to enable property sales, enterprise data management and large scale data lakes. 

Prescient
data integration

Integrating investment data into a cloud data warehouse with power BI dashboards and reports.

Briisk
INSURANCE

Created a cloud based insurance application that allows agents to sell policies on mobile devices in India.

incompass
workflow automation

Created a cloud based workflow solution to process client payments and forex trades.

Findango
B2B Portal

Created a cloud based B2B platform that connect lenders to borrowers and their property deals in the UK and acts as a digital broker.

M&G Asset Management
Value Assessment solution

Created a cloud based value assessment platform that compares share classes across hundred of criteria to evaluate the value offered compared to the market.

RE Capital
Golden Visa Fund Platform

Created a cloud based platform for investors seeking golden visas in the EU to apply for and manage the complete lifecycle of their application process.

riscura
data lake

Creating a cloud based data lake to store and manage enterprise level fund and market data. The data lake will enable high performance analytics.

the prepaid company
airtime voucher validation

Created a cloud based system that validates millions of mobile voucher records for uniqueness, values and integrity.

RE Capital
investor reporting

Created a cloud based investor reporting solution that loads and manages investor data plus generates high quality pdf reports.

riscura
Portfolio OptimiSation

Creating a cloud based aplication to manage complex data relationships and portfolio balancing with optimizations.

PPS Data Warehouse

Created an Azure Synapse data warehouse to store and report on asset management data

REIG Fund APPLICATION

Created a cloud based platform allowing property developers to make application for development finance with a complex workflow process.

The Team

Tarquin Vaughan-Scott

Education: Bachelor Of Veterinary Science (Hons) (Masters),  Diploma in Business Administration, Diploma in Computer Programming, Microsoft MCSD, Udacity Machine Learning Engineer Nanodegree, Several courses in data-warehouse theory.

Experience: System Architect with 15 years’ experience in data-warehouse and data integration projects, 4 years’ experience in Azure Cloud Solutions, Experience in multiple asset management systems such as compliance, performance, accounting and trading.

Work Experience: Work experience at several asset managers such as Investec, Old Mutual, Cadiz, Brait, Prescient, M&G, Bank of New York, CIBC, etc.

Companies Started: Co-founder of Infovest, a data management company for asset managers recently sold to Statpro UK; Co-founder of Findango, a SaaS company that connect borrowers and lenders for commercial property development in the UK, Co-owner of Functional IT, a software development company that has developed various solutions for insurance, forex, real estate and finance companies.

EMILE Langeveldt

Education: Bachelor of Commerce Honours in Information Systems (UCT)

Experience: With over 16 years of experience in the investment management industry, Emile , has held various key positions in business analysis, implementations, consulting, management, and sales for globally recognized brands. Emile’s knowledge spans front-, middle-, and back-office investment systems and data, making him well-versed in the intricacies of the field. Having delivered projects in the United Kingdom, the United States, the Middle East and other parts of Africa, Emile’s global exposure has provided him with a comprehensive understanding of different markets, regulations, and cultural nuances. Emile’s strong background in information systems, coupled with his deep understanding of investment management, enables him to effectively bridge the gap between technology and finance. 

Work Experience: State-Street, JTC, FIS Systems, Bloomberg, Morningstar, Infovest

brian mynhardt

Education: Bachelor of Computer Science and Games Development (UCT), Udacity Data Engineer Nanodegree.

Experience: A mid-level software developer with 4 years of experience in full stack development on the Azure cloud platform. He has successfully assisted developers in creating innovative products for the asset management and FinTech industries. Notably, Brian spearheaded the development of a cloud-based platform that evaluates share classes against hundreds of criteria, providing valuable market insights. He also played a key role in building REIG Fund Application, a sophisticated platform for property developers to apply for development finance. Brian’s expertise lies in leveraging modern cloud tools to deliver efficient solutions at a rapid pace.

Work Experience: Worked at Functional IT across several projects, Unity games developer, 3d animation modelling.

Zelda Kloppers

Education: Diploma in Business Analysis (FTI), Associate in Management Practice (UCT GSB)

Experience: 23 years’ in the financial services industry with 15 years’ experience as a Technical Business Analyst with knowledge of both retail and institutional sales and operations processes, including onboarding, performance, fund operations, legal, compliance and call centre.  Zelda has a strong understanding of the complexity of institutional data and the data and regulatory dependencies across various global business areas and systems. A key resource on multiple projects including improved automation and migration of global reporting system and Factsheets as well as various Salesforce (CRM) projects for global sales and operations teams, including call-centre teams.  Zelda also has experience in various cross-system projects, including testing and data validation during regulatory, back-office, data warehouse and trading system changes.

Work Experience: Worked at Ninety One across various business areas and IT.

Chad Goldsworthy

 Education: BSc Computer Science with Honours (1st, Arden University), MSc Artificial Intelligence (University of Leeds)

Experience: Previously working as a sound engineer in the theatre industry for 5 years, Chad went back to university to pursue a career change to software and data engineering, and he is currently a junior data engineer for Functional-IT. 

Work Experience: Previously a sound engineer and technical manager at several theatres including Artscape and the Fugard Theatre. Currently working my first position as a data engineer for Functional IT.

 

Charl etsebeth

Education: BCom (Hons) Financial Analysis & Portfolio Management (UCT) 

Experience: Charl is an experienced business analyst with over 10 years of experience. Charl worked in various roles within the asset management industry from client services, technical data analysis and supporting investment administration systems. He has experience in automating investment administration processes, configuring back-office systems, managing data feeds and developing management reports. Charl is most passionate about being involved in projects involving data integration and automating mundane manual processes in order to increase efficiencies. 

Work Experience:  JTC Fund Services, Allan Gray, Quintessence 

 

wanda stransky

Education: Bachelor of Science in Electrical Engineering, Bachelor of Science in Biomedical Engineering (WITS)

Experience: Wanda is a senior software developer with over 11 years’ experience in data management, data integration and reporting.

Work Experience: Infovest, Various global roles in data management

Caeden Bredeveldt

Education: Bachelor of Computer Science and Business Computing. Bachelor of Science Honours in Computer Science (UCT)

Experience: Caeden is junior software developer with 1 years’ experience creating solutions on the Azure cloud platform. He has been a part of creating several data engineering solutions our asset management clients. Caeden has worked on multiple projects including the development of a data warehouse to store CRM and Analytics data for wealth management and an Excel Ingestion tool for investment reporting. Caeden has a deep understanding of data structures and integration techniques to produce efficient cloud solutions.

Work Experience: Functional IT

Jude Twycross

Education: Bachelor of Science (Computer Science), Stellenbosch University

Experience: Junior full stack software developer with 1 years work experience creating solutions on the Azure cloud platform. Jude was part of multiple frontend and backend development projects. Some of these include a Portfolio Optimisation tool as well as a Power Bi like editor. Jude is passionate about product design and development.

Work Experience: Functional IT

Luke Gird

Education: Bachelor of Science in Computer Science and Information Systems (Rhodes)

Experience: A mid-level software developer with 2 years of experience in full stack development using Azure Web Services. Luke worked on multiple projects including a Value Assessment application for UK fund regulation, a platform for property funding in Portugal and a commercial sales portal. Luke’s strengths are in using modern cloud technology to create Web Applications that are tailor made to client specifications.

Work Experience: Worked at Fullstack and at Functional IT across
multiple projects.

The Process

Questions
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