Introduction
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.
Business challenge
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 signing the first few contracts with potential corporate clients. That assured funding for the future development of the MVP and the final scalable, fully-compliant trading platform.
Business solution
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 in offers and make trades. The MVP provided users with a taste of the system overall, but a limited set of features. Based on their feedback and the collected data, we developed the final solution and tuned up the product idea.