BLOC-X: OTC commodity trading platform. From design, through MVP, to the full-scale trading solution.
Client's country of originUK
Time to "Go Live"12 months
Kick-off dateJanuary 2019
BLOC-X is an independent provider of electronic trading software for the OTC Oil Block Futures market. The innovative trading platform created by BLOC-X with our team is an innovative solution that is transforming the way the financial oil markets are transacted.
BLOC-X team had a concept to disrupt the market with a modern SaaS platform. What they needed was a fast MVP version to convince key oil trading market makers and investors of the idea. Together we managed to quickly deliver a demo version that allowed fundraising and singing the first few contracts with potential corporate clients. That assured funding for the future development of MVP and the final scalable, fully-compliant trading platform.
After BLOC-X received an investment, a quick scale-up to a full, production-ready solution was required to keep the momentum, while making sure all the security and trading-related compliance requirements are met.
The first version was implemented with great care for UI/UX and the ability for traders to put offers and make trades. MVP provided users with a taste of the system overall, but a limited set of features. Based on their feedback and collected data, we developed the final solution and tuned up the product idea.
Product and main features:
- Product design: A fast-track UI/UX design for the MVP purpose.
- MVP: The first operational product enabling the client to secure funding for development.
- Scaling: Additional trade processing and user compliance features.