170% revenue growth for AlgoTrader


Zurich-based AlgoTrader is on a growth path. After a successful 2018, the fintech has onboarded the Berlin-based crypto-currency investment fund tensoralpha. AlgoTrader also hired Jakob Bosshard as its new COO in order to maintain the rapid growth.


AlgoTrader, a fully integrated, event driven algorithmic trading platform, has had a successful 2018. After a post seed financing round in early 2018, the startup achieved a 170% revenue growth last year. Now, the startup announced that it has hired Jakob Bosshard as Chief Operating Officer (COO). Bosshard used to work as a senior technical executive for UBS and has extensive startup experience. The hire is a testament to AlgoTrader’s rapid growth and in on-boarding multiple banks, brokers and quantitative trading groups. «I was attracted to AlgoTrader’s platform and innovative technology used by the most sophisticated quantitative trading firms», explains Bosshard. The growth continues as AlgoTrader attracts further customers. The Berlin-based crypto-currency investment fund, tensoralpha, selected AlgoTrader for its quant modelling needs. AlgoTrader will enable tensoralpha to improve and accelerate its quantitative research capabilities and enhance strategy deployment in its inaugural fund. (Press Release)(Picture: Jakob Bosshard)