CIDR (Carried Interest Data Repository)

CIDR is a custom web system developed for The Riverside Company (New York, USA). It is used by The Riverside Company to manage the carried interest allocation in each of their funds.

The system allows the power users to enter and manage the allocations of all employees and then every employee can see only his or her allocation records.

CIDR keeps complete history of carry events since the creation of the fund by allowing the administrators to fully track all the allocation changes which happened over the time. The system supports fund administrators to maintain dynamic list of custom vesting rules for each particular fund. Power users can see what is the current status of each fund at a glance by looking at the fund’s dashboard where major metrics are shown. Individual employees can easy check and confirm what is their carry allocation in each of the funds related to them.

In this project we had to deal with various challenges like implementing complex JavaScript calculations by dealing with floating point issues (IEEE 754), implement rich UI by providing the users an ability to edit the data in a grid supporting filtering, sorting, live calculations, etc. just like in Excel, support a chain of historical carry events, integration with other systems by using APIs and a common database.

The system is built with the Microsoft stack of technologies – ASP.NET, C#, SQL Server, Excel automation, etc. Also, we used standard modern web technologies like AJAX, jQuery, HTML5/CSS3, etc. to develop the smooth user interface.