LikeFolio: Invest in What You "Like" (Fox Business Video)
Fox Business interviewed Nicole Sherrod of TD Ameritrade on online stock trading. In the video below, she is talking about the success of LikeFolio, a Web project that assists online investors by analyzing social media data. Altoros helped SwanPowers, a partner of TD Ameritrade, to build this application, which is based on the “invest in what you know” concept. The system aggregates your conversations, status updates, likes, and check-ins from social networks and translates this data into investment ideas (using IPO information).
LikeFolio was written with Ruby and features a distributed, scalable architecture able to serve 10,000+ users simultaneously. To provide this scalability and service availability, LikeFolio was deployed on Amazon’s infrastructure and features Redis—a scalable NoSQL store—for caching and network scalability (the pub/sub model).
For more on LikeFolio, read the customer story in our portfolio or watch the following video on Fox Business.No Comments