Meet The Team


 
 
Alwyn Bester
Alwyn Bester

Born into a passion for mathematics and computer science, writing stock market analysis software is just a natural fit for Alwyn.

His favorite pastimes include reading, or watching some good stand up comedy.
 

 
Derek Bester
Derek Bester

After retiring from a successful 45 year career in civil engineering, Derek turned his lifelong interest and research in stock market trading, into a full time venture.

Beyond working on new investment strategies, he enjoys spending time with his family around a braai, and the occasional traveling.
 

 
Anne-Marie Reed
Anne-Marie Reed

With her masters degree in psychology and mathematical education, Anne-Marie helps bring order and understanding to all our crazy ideas.

When she is not busy deconstructing software concepts, or being a mom, you will find her reading a Leonardo da Vinci biography.
 

 
André Victor
André Victor

Through his love and ambition for software, André brings fresh ideas and quality to our development that is always above the status quo.

You might find him jogging, cycling or gaming, if he is not working on his next big software idea.
 

 

Our Belief


"This is one of those cases in which the imagination is baffled by the facts." - Adam Smith

The efficient-market hypothesis states that share prices reflect all information, and that a direct implication of this is that it is impossible to "beat the market".

At Algomodel we like to challenge this hypothesis, and believe that the information contained in share prices are invaluable when making investment decisions that beat the market. Our purpose and passion is to design software that takes advantage of share price information. We believe that mathematics is the best tool available to achieve audacious goals in an ever-changing world.

 
 
 

Our Story

  • First Investment 1975
    During 1975 Derek decided to take R10,000 and attempt his hand at investing on the stock market for the first time. He lost everything within a couple of months.
  • First Charts 1976
    This first failed attempt laid the foundation to explore for better ways to invest on the stock market. With his engineering background Derek turned towards charting as a potential tool to make better investment decisions.

    Unfortunately computers were still way to expensive, and Derek meticulously plotted the charts of securities by hand using the daily prices published in the local newspaper.

    Again Derek ventured with R15,000 towards the stock market, but this time much more cautiously and armed with his hand-plotted charts.
  • First Software 1984
    Derek's new charting strategies turned out to be successful, and he held his ground with his investments.

    By now computers became much more affordable, and Derek bought his first personal computer (PC) together with some technical analysis software that was available at the time.

    Unfortunately JSE stock market data was not available for download (the Internet did not exist yet), and Derek commandeered his wife to help capture the daily JSE security prices manually from the local newspaper.
  • Technology Progress 2000
    During the past 16 years many more stock market analysis software packages became available, and Derek bought and tried almost every one. Eventually he settled on 5 packages that he found to be useful in optimizing his investment returns.

    Alwyn just completed his degree in mathematics and computer science. Derek saw it fitting to invest in a software development kit (SDK) of one of his stock market packages, so that Alwyn could put his new skills to use and start writing custom analysis software... but it would still be a while before Alwyn latched onto the idea of investing on the stock market, never-mind analyzing it.
  • The Journey Starts 2015
    By now Alwyn has been long enough in the workforce to realize that investing on the stock exchange could potentially be a gateway towards financial freedom, and Derek has fine-tuned his investment models and strategies to the point where he was getting very respectable returns on his investments.

    The time was ripe to combine Derek's investment ideas with Alwyn's software development skills.

    We saw an opportunity to combine the best of existing programs into a single package, while improving on the shortcomings.

    Alwyn opened the manual of the SDK that Derek bought 15 years ago for the first time.
  • TradeFX 2017
    After two years of grinding out our first product, TradeFX was finally ready, and we signed up our first clients.

    Being of entrepreneurial spirit Alwyn also founded his company {Zoclee} during this period, that operated as a sole proprietorship.
  • Birth of Algomodel 2019
    At this point we believed that our software needed its own identity separate from {Zoclee}... a brand with which our clients can identify.

    We decided on the name Algomodel which is a combination of the words "algorithms" and "models".

    {Zoclee} was also incorporated as a private limited company at the end of 2019.
  • The Team Grows 2020
    Wanting to keep our ideas fresh, and in pace with an ever changing technology landscape, we realized that we would need some help.

    Anne-Marie's natural talent to deconstruct ideas into its simplest forms, and then reordering it into a format that makes sense, is invaluable when building advanced and complicated stock market analysis software.

    André's ambition and passion for software is challenging our development efforts each day to rise to the occasion, and to always take a critical and hard look at our technical decisions.

    We were very fortunate that they both accepted our invitation to join the team.
  • Rebrand 2020
    After considering our brand image we felt that TradeFX was a misleading name, since FX might be confused for Foreign eXchange. TradeFX was designed primarily for the stock market at this point, and we decided to rebrand the program as Algomodel Signals Pro.
  • The Future 2021
    2021 marks the year of Algomodel entering the mobile space. With the release of Algomodel Signals, the Algomodel platform extended its reach beyond market analysis software, by providing our users with a rich connected experience.
  • The Future
    We believe that artificial intelligence will play a major role in making investment decisions in the future.

    Our vision is focused on the research and development of artificial intelligent solutions that can be applied in the investment space.
 
 
 
 
 
 

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