LikeFolio: Invest in What You "Like" (Fox Business Video)
A scalable architecture based on Redis
Recently, 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 was proud to help 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 scalability and service availability, LikeFolio was deployed on Amazon’s infrastructure and utilized Redis—a scalable NoSQL store—for caching and network scalability (the pub/sub model).
Read the customer story in our portfolio to learn more about other technologies used.