To build a new website for viewing SGX Nifty which is a derivative of Nifty index traded in Singapore stock Exchange (SGX)
Monthly more than 3 million searches of SGX Nifty appeared on Google search which the client wanted to monetize.
Many Indians try to look for cues and predict the current day's market trend of Indian domestic market by viewing the trend of SGX Nifty even before the market opens for trading in India. SGX Nifty is denominated in terms of US dollars, thus providing a good alternative to investors who do not have access to the Indian markets.
In competitor analysis it was identified that very few sites were specifically displaying SGX Nifty and most of the sites had too many disturbing ads placed all over the page which were distracting the users.
4 users were interviewed to understand why a user searches SGX Nifty and their expectations, which included a stock broker, a business analyst and two regular traders.
It was identified that the users searched a specific term only if they did not find that data in the regular site that they visit, they do not like lot of disturbing ads when they open a site, all the users actively use smart phones to search, the users did not want to get newsletters or regular updates from any sites but few users suggested that it would be good if they can get customized alerts.
"To develop a light responsive webpage which displays live SGX Nifty data which is easy for users to perceive, understand and operate with minimal rightly targeted ads, where the user has option to signup for getting customized alerts."
Understood the standards followed for displaying values in share market across different websites available in world wide web,
A quick market study was conducted on different functionalities available on existing websites based on the given requirements
Took inspirations for design from standard components and interactive elements used in global share market websites
Based on the problem statement, task flows were created, validated the flows with the SMEs from the client's team through multiple iterations, sitemap for the website was created and got approval for final design