Paul Belogour, why did you start developing mobile technology development?
I came to this decision when we faced continuous issues with the software tools we used at our investment firm. Trading technology has a complex architecture with persistent bottlenecks that need to be resolved or improved. There are always things that could be more convenient and working better for both investors and brokers. At one point, I decided to go my way and develop the apps that serve our business better and that we can license.
What is the current situation on the mobile technology market?
Mobile technology development is pretty conservative. For the past decade, nothing revolutionary has happened in the investment technology industry. After all, mobile technology development requires a significant investment of time and resources. If you don’t trust the word of Paul Belogour, attend the trading exhibitions. You will see the same solutions offered all around. There is a definite lack of superb technologies on the market, and my company tries to remedy the situation.
What do you feel are the critical aspects of mobile technology development?
When I first started the company, we spent over two years on getting licenses and other legal requirements ready for our international offices. I also feel that trading platforms and software should be user-friendly and have immaculate support to help the clients understand the tool and to increase their profits.
Mr. Belogour, could you tell us more about the products you have been developing?
We have been working on the new generation trading platform, and we are close to its release. I will not disclose the features until the full release. You’ll have to wait and see along with our clients. However, I would say we are always one step ahead of our competitors in every technological aspect. With the experience of running technology projects in Asia, we adapted the new app to serve under the heavy load of thousands of investors and brokers.
Mr. Belogour, can you comment on the future of the mobile technology development?
With the era of mobile technologies, everything is happening “on the fly”. I see the future in flexible and reliable apps. The industry has to offer tools that combine essential features, including remarkable interface, smooth performance in different network environments, access to multiple venues, and a wide variety of trading products in one place. Trading technology should reach the same level as the other software tools that are taking over the modern world.
We are grateful that Pavel Belogour found a few minutes in his busy schedule to answer our questions on the current trends of the investment technology market. You can check out other insights of him - https://bostonunisoft.com/ - that will help startups and trading incumbents breach the technology gap. We expect to see more groundbreaking tools for international brokers by Mr. Belogour.