Problem: A stockbroker wanted to set customized stock alerts for him and his partners in his brokerage. These customized alerts were to depend on not just the stock price but several other variables like correlation and implied volatility. While there are many websites which offer “stock alerts” features, none was offering it in the level of details he needed. Till he approached Super Simple Cloud, a person was employed whole time to do these calculations and alert the partners.
The Solution: Our team created an application which can perform the required calculations for the brokerage and send the required alerts. This application was completed extensible wherein the brokerage could add or remove stocks. Further, this was completely real-time compared to the time-lag in the previous process. In the fast-paced world of stock markets where time is money, timely availability of data can decide the winners and losers!
