TradeCloud selects Volo as its IT partner.
Trade Cloud Services Pte, Ltd., the digital commodity start up, has selected Volo, an Armenia-based software innovation boutique, to build its IT platform.
Justin Wilson, CTO of TradeCloud stated, “This is an important step in the development of Trade Cloud’s communication platform. Volo have impressed us with their ability and enthusiasm to digitise our ideas”.
This summer, TradeCloud will launch a communication platform specifically tailored to the commodities industry. The first phase will cover the most commonly traded metals: copper, aluminium, zinc and nickel.
“We are confident that we will see a significant uptake for the product” said Simon Collins CEO of TradeCloud. “Our platform will allow clients to communicate on a multi-channel basis, in a secure and recorded environment. We will have some really innovative features that will be appealing to the commercial teams, as well as their compliance, credit, and finance departments.”
Matt Bartelsian, Director of Volo remarked, “We have been really impressed with the expertise and professionalism of the TradeCloud team. Their depth of knowledge in the commodities field is a significant factor in the realisation of this ambitious project”.
TradeCloud is a start-up company founded by a group of executives formally from Trafigura and Endava. Its aim is to digitise the physical commodities trading industry. It will provide a secure communications platform, open to all market participants. TradeCloud has plans to provide post trade services such as logistics, finance, and documents.
Based in Armenia and Ukraine, Volo is a software innovation powerhouse unlike any most clients have ever worked with. Volo takes on some of the world’s most challenging enterprise software, mobile, and IoT projects and innovates in ways that others can’t and don’t. Built on the IQs of brilliant intellects who happen to be world-class developers, Volo has deep, enterprise-grade experience creating The Next Big Thing for industry leaders and leading-edge start-ups.