Dr. Daniel Lyons, founder of FXProphet Inc., developed a quantitative financial analysis and forecasting model for securities trading. Following trading strategies generated by the model, traders have consistently outperformed the market and won top prizes at program trading competitions. To commercialize the technology, Dr. Lyons wanted to develop a financial forecasting software, eChart, powered by the model's sophisticated algorithms. The system should obtain live market data from the New York Stock Exchange and NASDAQ over the Internet, and historical data from third party vendors, then analytical functions to generate trades. While doing so, the software would also display, at the trader's request, real time and historical charts such as DMA and K-Chart and market quotes, to assist the trader with his trades. After working with ExperExchange on several projects, FXProphet Inc. decided to outsource the development work to us.
ExperExchange studied the system requirements and submitted a proposal for "eChart" in two weeks. Upon client approval, the assigned team put together the functional specifications and system design, made suggestions on technology improvements, and selected a third party toolkit to feed data into eChart. It only took three months for ExperExchange to complete the project, 10% less than the agreed total project time.
Dr. Lyons was highly satisfied with our team. The product became an irreplaceable tool for some successful proprietary traders around the world.
For detail of this case study, please email to: IT_Consulting_Team@ExperExchange.com
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