Case Study: Open Ocean Trading achieves real-time, predictable seafood trading with Freeport Metrics

Open Ocean Trading digitizes seafood trading with Freeport Metrics in 2013

Open Ocean Trading, a company operating in the seafood and commodities trading industries, sought to revolutionize the traditional and unpredictable wholesale fish market. They partnered with Freeport Metrics to build FYSH-X, an online platform designed to bring predictability for buyers and stable income for fishermen by moving antiquated, manual negotiations into a digital space.

Freeport Metrics developed the FYSH-X platform using Ruby on Rails and ExtJS, creating a real-time trading system that matched buyers and sellers through an online bidding system. The solution successfully digitized the industry, bringing it into the modern era and establishing Open Ocean Trading as an innovator. The platform's launch inspired competitors and marked a significant shift in how seafood procurement is conducted.

Open Ocean Trading