Custom platform builder development for Predira
Predira is a secure platform builder for a fast setup of trading solutions.
- Duration 3 years – ongoing
- Team 7 specialists
- Type Trading platform as a service
- Industry Trading
- Platforms Web-based
Project idea
The new platform builder provides all needed features for creating trading platforms within several minutes. Users benefit from a white-label solution they can use under their own brand. They can trade a wide range of products online, even the most complex.
Target audience
The product's key users are interdealer brokers lacking OTC solutions in their particular niche. They can replicate Limpid Market’s functionality or adjust it to specifics of their businesses or businesses of their clients.
Results
The platform is envisioned as a Web service. The team has prepared an MVP solution ensuring the best output for invested resources.
Core Tech
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TypeScript
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React.JS
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AWS
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DynamoDB
PRPOJECT CHALLENGES
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New robust technical stack, which was just released at the project's start.
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A relatively small team at the project start. Software development started from one person. The team grew gradually with the project scope.
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Releases every week. With fast, frequent releases, the team must be extra careful with planning and estimates.
Planning
Input
The client initially had:
- expertise in running a brokerage product successfully.
- multiple requests for product replication.
- clear vision of the future product.
- decided on technical stack.
Analysis
The team:
- learned proposed, new and complex, technical stack within a tight time period
- applied acquired skills and knowledge to building a new solution
Result
Our work resulted in:
- working on software development keeping in mind core functionality of Limpid Markets
- creating a flexible, configurable platform MVP
- simple, friendly platform UI
Business benefits
Performance
High performance is Predira’s hallmark ensuring real-time processes.
Customization
Custom-branded platforms are possible. Traders configure products as needed. They can add a logo, colors, terms of services, and more.
Flexibility
Traders exactly replicate and automate their negotiation processes.
Cost savings
Traders boost negotiation processes, increase transparency, and decrease operation costs.
Main project
features
Underlying
Users show and hide multiple details, including currency, location, quantity range, and more. They can add as many items as needed.
Maturity frameworks
Users decide on giving maturity details, indicating maturity type and due dates. Different maturity options may apply for further bids.
Trade details
Users can add any product details, e.g., name, specs, color on the board, commentary, etc., and amend them at any time.
Negotiation process
Different options can apply. Among others, users can buy automatically without negotiation. Also, the exit trade button can be removed for some trade types.
Let’s discuss your business goals.
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Project timeline
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Timeline
2020 – ongoing
Technologies
Front end
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TypeScript
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React.JS
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Redux
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GraphQL
Serverless
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AWS Amplify
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AWS Lambda
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AppSync
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Cognito
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S3
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AWS CloudWatch
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Pinpoint
Cloud
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AWS
Database
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DynamoDB