The startup offers a low-code application development platform that enables professional developers to create reusable building blocks for complex engineering challenges. This platform enhances Java and Web programming capabilities, allowing clients to modernize legacy systems, lower operational costs, and increase efficiency.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Capital markets firms face challenges in modernizing legacy systems and building new, high-performance applications due to developer productivity bottlenecks and the complexity of integrating real-time data sources. Traditional development approaches often lead to wasted time on low-level coding and infrastructure concerns rather than focusing on differentiating business features.
Solution
Velox offers vCore, a full-stack application development platform designed to accelerate software development for capital markets firms. The platform provides professional developers with specialized tools and reusable building blocks that encapsulate solutions to common engineering challenges. By abstracting away non-differentiating infrastructure concerns, vCore enables developers to focus on building business logic and user-facing systems up to 10x faster. This "buy & build" approach allows firms to leverage pre-built components while retaining the ability to customize and innovate on differentiating features.
Target Audience
The primary target audience includes software development teams within capital markets firms, including those in equities, FX, and fixed income, who are responsible for building and maintaining front-office trading systems and other high-performance applications.
Features
- Model-driven development (MDD) and code generation techniques adapted for high-performance environments
- Custom web stack optimized for handling high-performance loads
- Proprietary presentation layer that reduces hand-crafted code for responsive UIs
- Streaming database and transactional engine designed for real-time data processing
- Adaptable abstractions that address common front- and middle-office technology challenges
- Ability to integrate with existing systems and data sources through APIs
- Support for building user-facing systems with high-end performance across multiple dimensions