LikeFolio: Invest in What You "Like" (Fox Business Video)
About the project
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 conversations, status updates, likes, and check-ins from social networks and translates this data into investment ideas, using the initial public offering (IPO) information.
A scalable architecture based on Redis
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.
Want details? Watch the video!
In this video, Nicole Sherrod of TD Ameritrade talks about online stock trading as well as LikeFolio’s success.