Truelogic Software LLC

BACKGROUND

Introduce your business and what you do there.

My company runs a municipal bond trading platform. I run the company.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Truelogic?

We needed to develop the trading platform itself. We had them put together a functional and a technical spec, and then we hired Truelogic to help do the development work.

SOLUTION

What was the scope of their involvement?

Initially, all we had were spec documents, so Truelogic helped with the design from the very beginning, and then wrote the code to actually build the application while keeping within the spec. That was several years ago, and they have since been the development arm of our company and have worked with us to be the technology division of our company. I think of them as an extension of our business. Our project lead at Truelogic functions very much like a product manager and a product development manager for us.

It’s a full-featured bond trading platform, so we have worked with them to develop several unique features. The most recent one is the capability for a buyer and seller to open something like an instant message exchange box, and they can bid bonds back and forth to each other in an effort to try to come to an agreement on price and execute a trade. Then there’s back-end integration into a FIX server, which is the API and the language that’s used for financial services firms’ systems to talk to one another. They’ve been an integral part of all of that.

How did you come to work with Truelogic?

We were introduced to them by a consultant that we were working with locally in Boston, and he had a previous working relationship with them.

How much have you invested with Truelogic?

It was between $500,000 and $800,000.

What is the status of this engagement?

We have an ongoing relationship with them.

RESULTS & FEEDBACK

Could you share results from this project?

I don’t have any stats, but I can tell you that our business is completely based around a trading platform that Truelogic built and maintain, and they continue to work with us on enhancements.

How did Truelogic perform from a project management standpoint?

They do extremely well. I rely on Truelogic for that.

What did you find most impressive about Truelogic?

I would say that their project management is extremely important. Truelogic actually enables us to function without a technical staff internally because I can rely on them to help me translate the business requirements into functional and technical specs, and then have them actually do the development work. They’re an integral part of our team at this point.

Are there any areas Truelogic could improve?

No, Truelogic has been terrific. They’ve been really good to work with, and they have exceeded expectations all along.

BACKGROUND

Please describe your company and position.

I am an executive at Nymiz Software Company SL

Describe what your company does in a single sentence.

Software for searching and anonymizing personal identifiable information, specially in documents.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Truelogic Software LLC to accomplish?

• Speed up development efforts

SOLUTION

How did you find Truelogic Software LLC?

• Referral

Why did you select Truelogic Software LLC over others?

• Great culture fit
• Referred to me
• Company values aligned

How many teammates from Truelogic Software LLC were assigned to this project?

1 Employee

Describe the scope of work in detail. Please include a summary of key deliverables.

We needed collaboration with our product development team. The purpose was to incorporate features into it, as well as to implement a set of automated tests to reinforce quality and improve the effectiveness and efficiency of testing.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Features added to the product and tests added to the tests suite.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

We work withagile methodologies, so the capacity and tasks assignation was always on our side. The designated person responded appropriately, and any issue that arose was quickly addressed bythe support team.

What was your primary form of communication with Truelogic Software LLC?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

The support staff behind the resource assigned to us was always very responsible, effective, and attentive to all details. The team was highly professional.

Are there any areas for improvement or something Truelogic Software LLC could have done differently?

Not from my point of view.