The company, which has raised an unspecified seed financing from Spark Capital and market maker GETCO, provides browser-based tools for anyone with basic programming knowledge to create algorithmsand simulate actual trading with them.
In computing, the driver that determines how the engine is used is the character and elegance of the algorithms, not only the programming logic itself, but also the skill in creating that logic in the first place.
Tim Davie, head of audio and music at the BBC, points out that Radioplayer sharpens competition not only over programming but also over search data andalgorithms.