Challenge
Börsdata, one of the largest independent stock market analysis tools in the Nordics, provides in-depth financial data and analysis on over 16,000 companies across 30 countries. Despite its wide data coverage, Börsdata’s legacy platform struggled to handle increasing data volumes, real-time data streams, and lacked a user-friendly interface. To remain competitive in the fast-paced investment industry, Börsdata needed to enhance its system’s functionality, scalability, and user experience.
Börsdata, one of the largest independent stock market analysis tools in the Nordics, provides in-depth financial data and analysis on over 16,000 companies across 30 countries. Despite its wide data coverage, Börsdata’s legacy platform struggled to handle increasing data volumes, real-time data streams, and lacked a user-friendly interface. To remain competitive in the fast-paced investment industry, Börsdata needed to enhance its system’s functionality, scalability, and user experience.
Solution
Baltic Amadeus collaborated with Börsdata to upgrade their analysis platform, focusing on boosting performance, efficiency, and user experience. Key steps included:
- IT Architecture & Proof of Concept (PoC): Baltic Amadeus designed and tested the platform's architecture to ensure high performance and cost efficiency. They selected Azure cloud services to reduce operational costs while delivering real-time data processing.
- Technical Leading & Development: The team implemented a robust solution using .NET Core for custom functionalities and React/Redux for a fast, scalable single-page application (SPA) user interface. The platform now offers over 1,000 calculated ratios and strategies based on daily stock prices.
- User Experience Enhancements: The upgraded platform features a responsive terminal for professional investors and a user-friendly web interface, designed to handle large datasets, provide real-time updates, and offer a smooth UX/UI for both novice and expert users.
Baltic Amadeus collaborated with Börsdata to upgrade their analysis platform, focusing on boosting performance, efficiency, and user experience. Key steps included:
- IT Architecture & Proof of Concept (PoC): Baltic Amadeus designed and tested the platform's architecture to ensure high performance and cost efficiency. They selected Azure cloud services to reduce operational costs while delivering real-time data processing.
- Technical Leading & Development: The team implemented a robust solution using .NET Core for custom functionalities and React/Redux for a fast, scalable single-page application (SPA) user interface. The platform now offers over 1,000 calculated ratios and strategies based on daily stock prices.
- User Experience Enhancements: The upgraded platform features a responsive terminal for professional investors and a user-friendly web interface, designed to handle large datasets, provide real-time updates, and offer a smooth UX/UI for both novice and expert users.
Results
- 43% Increase in Paid Users: Within six months of the upgrade, Börsdata saw a 43% increase in their paid user base, highlighting the immediate impact of the platform's enhancements on customer acquisition and retention.
- Improved Operational Efficiency: The Azure-based solution allows Börsdata to efficiently manage over 10,000 companies' stock data, processing real-time updates and providing users with actionable insights.
- Scalable, Future-Ready Platform: The upgraded platform is designed to easily accommodate future data expansions and new features, ensuring Börsdata remains competitive in the investment analysis market.
- 43% Increase in Paid Users: Within six months of the upgrade, Börsdata saw a 43% increase in their paid user base, highlighting the immediate impact of the platform's enhancements on customer acquisition and retention.
- Improved Operational Efficiency: The Azure-based solution allows Börsdata to efficiently manage over 10,000 companies' stock data, processing real-time updates and providing users with actionable insights.
- Scalable, Future-Ready Platform: The upgraded platform is designed to easily accommodate future data expansions and new features, ensuring Börsdata remains competitive in the investment analysis market.