Case Studies

About Algotrader

AlgoTrader is basically a first fully-integrated algorithmic trading software solution for quantitative hedge funds. It allows automation of complex, quantitative trading strategies in Equity, Forex and Derivative markets. AlgoTrader provides everything a typical quantitative hedge fund needs on an everyday basis to run his operation and it is also the very first and only algorithmic trading software product to allow automated trading of Bitcoin and other Cryptocurrencies. Any hedge fund, brokerage firm or individual can get and use AlgoTrader’s inbuilt algorithms, past data and key indicators to create innovative and successful trading strategies and take their trading decisions based on that with high level of probability of success. AlgoTrader currently supports over 100 trading strategies and already has more than 80 clients and 400+ supported brokers and exchanges.

Key Challenges

• AlgoTrader company already had an old site with an outdated design and it required badly to be updated as per latest technologies especially its user interface (UI), design and other internal pages. Schedar was asked to redesign the outdated website as per client needs and as per PSDs provided to Schedar.
• The client wanted the AlgoTrader website to be fully responsive so that it can be opened on any kind of mobile devices and desktop computers.
• All Existing Plugins in the AlgoTrader site were to be maintained as they are required for the functionality of the website.
• Project was in a bottleneck situation and needed lots of dedicated work and efforts and Schedar just did that.
• The website required rigorous and thorough testing as the client was very particular in terms of web designs and wanted it to be pixel perfect.

Proposition & Solution

Schedar has worked on many projects similar to AlgoTrader before. Hence, we presented the following solution to the owners of AlgoTrader:

• We have shown our earlier work in which we have developed similar websites.
• We have converted a sample PSD file given to us by AlgoTrader into HTML to show AlgoTrader our capabilities and expertise.
• During the development of the AlgoTrader website, first we converted all the PSD files into HTML and then integrated them into WordPress and implemented other things.
• We have thoroughly tested AlgoTrader website and done extensive quality assurance analysis to deliver the client a perfect website without any flaws.
• We made sure that the AlgoTrader website is pixel perfect and fully responsive which works perfectly on all mobile devices as per the specific needs of the client.

Results & Benefits

The solution designed and developed by Schedar met all of the expectations of the AlgoTrader website owner regarding the new fully responsive website which works perfectly on all kinds of mobile devices and desktop computers. Today, so many of AlgoTrader clients which are hedge funds or other brokerage firms work from mobile platforms hence newly build AlgoTrader website was fit for them as it was attractive as well as robust. Following were the key benefits that we as a contractor successfully provided to AlgoTader.

• AlgoTrader was delivered the product on time thus allowing them with appropriate time to market their product.
  
• AlgoTrader is extremely satisfied with the deliverables provided on time and within their budget.
  
• New features introduced within the AlgoTrader system were taken up and Schedar ensured the faster delivery for the same to take the system to the next level. This overall dedicated effort from Schedar along with the overall software quality increased the customer satisfaction level, thereby increasing our client’s revenue and customer retention by huge margin.
  
• The website developed by Schedar has been appreciated a lot from all kinds of users i.e. hedge funds, traders, individual investors, brokerage firms, investment firms etc. further strengthening AlgoTrader’s relationship with its customers.
  
• AlgoTrader was extremely satisfied with the Quality Assurance Analysis (QA) efforts provided by Schedar.