FUNCTIONAL AND FEATURE DOCUMENT

FOR WEB APPLICATION OF

MONEYCONTROL.COM
1. INTRODUCTION

This document outlines the detailed features, functions, modules, APIs, tech
stack, and privacy policy parameters for financial web application of
Moneycontrol.com. The application aims to deliver comprehensive financial
information, tools, and news to users, enhancing their financial literacy and
investment decision-making.

2. FEATURES

2.1 USER REGISTRATION AND AUTHENTICATION

• Registration:

• Users can create accounts using their email, phone number, or social media
accounts (e.g., Google, Facebook).

• The registration process includes email/phone verification to ensure

authenticity.

• Login:

• Users can log in using their credentials (username and password) or via
social media accounts.

• Option for "Remember Me" to keep users logged in on trusted devices.

• Two-Factor Authentication:

• Adds an extra security layer by requiring a verification code sent to the

user’s email or phone.

• Ensures that even if passwords are compromised, unauthorized access is

prevented.

2.2 DASHBOARD

• Personalized Dashboard:

• Displays user-specific information such as watchlists, portfolio, relevant

news, and alerts.

• Widgets for quick access to most used features (e.g., stock quotes, market
news).

• Customizable Widgets:

• Users can add, remove, or rearrange widgets to personalize their

dashboard.

• Drag-and-drop functionality for easy customization.

2.3 MARKET DATA

• Stock Quotes:

• Provides real-time and historical data for stocks.

• Includes detailed information like opening price, closing price, high, low,
volume, and market cap.

• Indices:

• Information on major indices like Nifty, Sensex, Nasdaq, Dow Jones, etc.

• Performance tracking and comparison between different indices.

• Commodities:
• Prices and trends for commodities such as gold, silver, crude oil, and
agricultural products.

• Historical data and future projections.

• Currencies:

• Forex rates for major currency pairs (e.g., USD/EUR, GBP/USD).

• Includes charts for tracking currency trends and exchange rates.

• Cryptocurrencies:

• Real-time data and trends for major cryptocurrencies like Bitcoin,

Ethereum, etc.

• Market cap, volume, and price change percentage.

2.4 NEWS AND ANALYSIS

• News Feed:

• Aggregates the latest financial news from multiple trusted sources.

• Categorized by markets, industries, and regions for easier navigation.

• Analysis and Reports:

• Expert analysis, market reports, and future predictions.

• Detailed reports on economic indicators, market trends, and investment

strategies.

• Editorial Content:

• Articles, blogs, and opinion pieces from financial experts.

• User comments and discussion on editorial content.

2.5 PORTFOLIO MANAGEMENT

• Portfolio Tracking:

• Users can add their investments (stocks, mutual funds, ETFs) to their
portfolio.

• Real-time tracking of portfolio value and individual asset performance.

• Performance Analytics:

• Detailed analysis of portfolio performance, including gains/losses, ROI, and

diversification.

• Comparison with market benchmarks and indices.

• Alerts and Notifications:

• Customizable alerts for price changes, news, and market trends affecting
portfolio assets.

• Notification preferences for email, SMS, and push notifications.

2.6 FINANCIAL TOOLS

• Calculators:

• Financial calculators for loans, SIP (Systematic Investment Plan), retirement

planning, and more.

• Interactive inputs to help users plan and make informed financial decisions.

• Charts and Graphs:

• Interactive charts for technical analysis with indicators like moving

averages, RSI, MACD, etc.

• Customizable timeframes and comparison between multiple assets.

• Screeners:

• Stock, mutual fund, and ETF screeners with customizable filters (e.g.,
market cap, P/E ratio, dividend yield).

• Advanced search options for identifying investment opportunities.

2.7 COMMUNITY AND FORUMS

• Discussion Forums:

• Platforms where users can participate in discussions on various financial

topics.

• Moderated forums to ensure quality and relevance of discussions.

• User Blogs:

• Allows users to publish their own content related to financial markets and
investments.

• Users can follow and interact with other bloggers.

2.8 MOBILE APPLICATION

• Cross-Platform:

• Available on both iOS and Android platforms to reach a wider audience.

• Consistent user experience across devices.

• Push Notifications:

• Real-time alerts and updates directly to the user’s mobile device.

• Customizable notification settings for different types of alerts.

3. FUNCTIONAL MODULES

3.1 USER MANAGEMENT

• Registration and Login:

• Handles user sign-ups, logins, password resets, and two-factor
authentication.

• Integrates with social media login options for ease of access.

• Profile Management:

• Allows users to update their personal information, preferences, and

settings.

• User avatar and bio for a personalized experience.

• Subscription Management:

• Manages premium memberships, billing, and payment history.

• Options for upgrading, downgrading, or cancelling subscriptions.

3.2 DATA MANAGEMENT

• Market Data Integration:

• APIs to fetch real-time market data from various sources.

• Ensures data accuracy and consistency across the platform.

• Content Management System (CMS):

• Admin interface for managing news, articles, and other content.

• Scheduling and publishing tools for editorial content.

• Portfolio Management:

• Tools for users to track and analyse their investments.

• Integration with brokerage accounts for automatic portfolio updates.

3.3 NOTIFICATION SYSTEM

• Email Notifications:
• Alerts for user activity, market updates, and promotional messages.

• Customizable templates for different types of notifications.

• Push Notifications:

• Real-time alerts for mobile users regarding market movements and news.

• Manageable through the user’s device settings.

• SMS Alerts:

• Optional SMS alerts for important updates and critical notifications.

• Integrates with SMS gateways for reliable delivery.

3.4 ANALYTICS AND REPORTING

• User Analytics:

• Tracks user behaviour, engagement, and preferences.

• Generates reports for understanding user activity and improving user

experience.

• Market Analytics:

• Detailed market analysis tools for tracking performance and trends.

• Provides insights for investment strategies and decision-making.

• Performance Reports:

• Generates detailed reports on user portfolio performance.

• Includes metrics like ROI, risk assessment, and asset allocation.

4. APIS

4.1 MARKET DATA APIS

• Alpha Vantage:

• Provides real-time and historical stock market data.

• API endpoints for stocks, forex, and cryptocurrencies.

• IEX Cloud:

• Offers financial data, including stocks, ETFs, mutual funds, and more.

• Supports various data formats and extensive documentation.

• Yahoo Finance API:

• Comprehensive financial data, including stock quotes, historical data, and

news.

• Easy integration with various programming languages.

4.2 AUTHENTICATION APIS

• OAuth 2.0:

• Standard protocol for authorization, allowing users to grant access to their

information.

• Secure and widely supported.

• Firebase Authentication:

• Provides backend services for easy authentication using passwords, phone

numbers, and social media logins.

• Secure and scalable.

4.3 NOTIFICATION APIS

• Firebase Cloud Messaging (FCM):

• Allows sending notifications and messages to users on iOS, Android, and

the web.

• Reliable and scalable solution for push notifications.

• Twilio API:

• Enables sending SMS, voice, and video messages.

• Robust and easy to integrate for SMS alerts.

4.4 PAYMENT APIS

• Stripe:

• Handles online payments and subscriptions.

• Supports various payment methods and currencies.

• PayPal:

• Widely used for online transactions.

• Secure and user-friendly integration for handling payments.

4.5 CONTENT APIS

• NewsAPI:

• Fetches news articles from various sources in real-time.

• Supports multiple languages and regions.

• WordPress REST API:

• Manages content from WordPress sites.

• Allows creating, reading, updating, and deleting content programmatically.

5. TECH STACK

5.1 FRONTEND

• Framework:

• React.js: For building dynamic and responsive user interfaces.

• Angular: For creating robust and scalable web applications.

• State Management:

• Redux: For managing application state in React.

• NgRx: For state management in Angular.

• UI Library:

• Material-UI: For React, providing a set of pre-built components.

• Bootstrap: For responsive and mobile-first web development.

5.2 BACKEND

• Framework:

• Node.js: For building scalable and high-performance server-side

applications.

• Express.js: Lightweight framework for building web applications and APIs.

• Database:

• MongoDB: NoSQL database for flexible and scalable data storage.

• PostgreSQL: Relational database for handling structured data.

• Cache:

• Redis: In-memory data structure store for caching and real-time

applications.
5.3 MOBILE APPLICATION

• Framework:

• React Native: For building cross-platform mobile applications.

• Flutter: For creating natively compiled applications for mobile, web, and
desktop.

5.4 HOSTING AND DEPLOYMENT

• Cloud Platform:

• AWS: Comprehensive cloud services for hosting and managing applications.

• Google Cloud: Scalable and reliable cloud infrastructure.

• CI/CD:

• Jenkins: Automation server for building, testing, and deploying code.

• GitHub Actions: CI/CD workflows integrated with GitHub repositories.

• Containerization:

• Docker: For creating and managing containers.

• Kubernetes: For orchestrating containerized applications.

6. PRIVACY POLICY

6.1 DATA COLLECTION

• Personal Information:

• Collects information such as name, email, phone number, and address

during registration.

• Required for user identification and communication.

• Financial Information:
• Collects details of user portfolios, transaction history, and investment
preferences.

• Used for portfolio management and personalized recommendations.

• Usage Data:

• Tracks user interactions with the platform, including pages visited, features
used, and time spent.

• Helps in understanding user behaviour and improving the platform.

6.2 DATA USAGE

• Service Improvement:

• Uses collected data to enhance user experience and improve application

performance.

• Identifies areas for new features and optimizations.

• Personalization:

• Provides tailored content and recommendations based on user preferences

and behaviour.

• Enhances user engagement and satisfaction.

• Communication:

• Sends alerts, notifications, and promotional messages to users.

• Keeps users informed about important updates and offers.

6.3 DATA PROTECTION

• Encryption:

• Uses SSL/TLS for encrypting data in transit between the user and the server.
• Applies AES encryption for data at rest to protect against unauthorized
access.

• Access Control:

• Implements role-based access control to restrict data access to authorized

personnel.

• Regular audits and monitoring to ensure compliance with access policies.

• Data Anonymization:

• Anonymizes data for analytics and reporting to protect user privacy.

• Ensures that personal information is not disclosed in aggregate data.

6.4 USER RIGHTS

• Access and Correction:

• Allows users to access and update their personal information through their
profile settings.

• Ensures that users can correct inaccuracies in their data.

• Data Deletion:

• Provides users with the option to request the deletion of their data.

• Ensures compliance with data protection regulations.

• Opt-Out:

• Allows users to opt-out of marketing communications and promotional

messages.

• Ensures that users have control over their communication preferences.

6.5 COMPLIANCE

• GDPR:

• Ensures compliance with the General Data Protection Regulation for users
in the European Union.

• Provides users with rights such as data access, correction, and deletion.

• CCPA:

• Complies with the California Consumer Privacy Act for users in California.

• Provides rights such as disclosure of collected data and opt-out options.