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Lessons from an engineer turned CEO


Learn how Hazem Dawani turned his passion for building into a multi-million dollar FinTech software company.

In 2006 Hazem Dawani started OptionsCity, a FinTech company specializing in options trading, from the confines of his kitchen. He, along with his co-founders, were developers who recognized a gap in the market and knew they could fill it. That was the easy part.

The hard part was building a company around mission critical software. Software that needs to perform remarkably fast because in the financial industry, every nanosecond counts. 

 

 

 

So what are Hazem’s secrets to doubling throughput, maintaining top development talent and creating a sustainable company?  

  • In order to build software that will work 100% of the time, slow down and get it right

  • Customer support teams should reflect the niche industry you’re operating in. Take experts from the industry along with tech professionals to build a more comprehensive team.

  • Expansions should be done thoughtfully; educate yourself on the legalities and hire local talent as they’re best equipped to educate your team on local norms and best practices.

  • As a CEO, you can’t do everything. Build yourself a network that you can lean on and ask for help.

 

*This podcast was originally published on Synap Software Lab's blog.

Posted by OptionsCity Software

OptionsCity Software powers the trading, risk management and analytics needs of professional futures and options traders, market-makers, introducing brokers and financial institutions worldwide. OptionsCity’s diverse suite of powerful tools includes Metro, its flagship electronic trading and market-making platform, and Freeway, an automated trading engine designed to build, test, and deploy algorithms and custom trading strategies. OptionsCity also offers a cloud-based futures trading platform, CityTrader, with its REST-based, easy-to-implement City API for accessing futures and options market data and analytics. OptionsCity's latest offering, City Execution, allows Thomson Reuters Eikon users to execute futures and options trades seamlessly from within Eikon.

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