Marketboard | State Studios
At State Studios, we believe that the most valuable commodity is time. Ask any professional trader or individual investor and they will tell you it does not matter whether you are making a trade on the floor of the New York Stock Exchange or from the comfort of your living room, time is an investor's most valuable resource.
Mark Suleiman, the Managing Principal of State Studios, learned this lesson very early through his experience starting the Shark Fund. In January 2009, Mark opened the Shark Fund Investment Club. The Fund traded using the unique methodology of 'predatory trading' developed by Suleiman. The balance of the Fund doubled within four months. After three years, and nearly a four hundred percent return on principle since the inception of the Fund, Mark chose to start a hedge fund. After completing a successful round of investment, Suleiman successfully started his hedge fund in the Summer of 2012. In August 2012, the Wall Street Journal named Suleiman the youngest hedge fund manager ever.
The success of the Shark Fund was largely based on the early decision Mark made to hire freelance software developers to develop 'The Widget'; a basic tool and infrastructure for the collection, analysis and storage of financial data. After finding that other retail and institutional traders wanted access to the same technology, Suleiman launched State Studios; a financial software development startup based in Lincoln.
Current financial tools are very esoteric and only marginally useful for discovering and analyzing real-time events. For instance, there are no good financial tools that analyze trending tweets and other social activity in a specific area. Additionally, there is currently no way to see historical events for a particular commodity or market moving topic at any location more specific than a regional focus.
We want to challenge Raikes students to envision the future and adoption of financial data delivery. We want our Design Studio team members to build MarketBoard. MarketBoard was born out of the idea of a 30-second trade. Using a proprietary aggregation technology we call Trendr, users are able to track updates relevant to their portfolios and make trades without ever leaving MarketBoard.
Raikes students will be asked to embrace a multi-data analysis development; creating features on a platform for visualizing and analyzing market impact scenarios; taking the components of a real-time mapping of financial data and applying analysis tools, exposure to the sales, marketing, and branding of a product using a series of new technologies including location-based systems to bring innovation to an industry with a deficit of new products and services.
Watch Raikes School Featured Videos
- About The Raikes School
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- Larry Keeley - strategy consultant with the Monitor Group
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