Global Financial Trading Platform Revolutionizing Institutional Trading

Solution

Business analysis:

Stakeholders and possible end users of the customer were interviewed in-depth by our team of business analysts and financial domain experts. To develop a thorough set of functional and non-functional criteria, we examined current trading procedures, legal requirements, and performance benchmarks.

Software development approach and testing:

Our microservices design was chosen to guarantee maintainability and scalability. Two-week sprints of the Agile technique were used in the development process. Continuous integration and deployment (CI/CD) is supported by a strong DevOps pipeline that we put in place.

Key features implemented:

• Authorisation and Authentication of Users

  • Role-Based Access Control was put into practice (RBAC)

  • Multi-Factor Authentication Integrated (MFA)

• Exchange Platform

  • Created the Request for Quote (RFQ) and Central Order Book (COB) protocols.

  • Put into practice order matching and execution in real time.

• Management of Market Data

  • Developed a currency manager to view FX rates in real time.

  • Integrated market inputs with outside data providers

Implementation of DevOps

• Code for Infrastructure (IaC)

  • Managed and provisioned AWS resources using Terraform

  • Put AWS Elastic Kubernetes Service (EKS) into practice for container orchestration

• Constant Deployment and Integration

  • Configure Jenkins to perform automated tests and builds.

  • Simplified deployments using Amazon CodePipeline

• Observation and Recordkeeping

  • For centralised logging, the ELK stack (Elasticsearch, Logstash, Kibana) was implemented.

  • Real-time monitoring and alerting using Prometheus and Grafana

Support

We set up a round-the-clock support staff with three escalation levels. The group created a knowledge base and managed incidents using ServiceNow. To continuously develop the platform, user feedback sessions and performance reviews were held on a regular basis.

Result

Currently, the platform manages a daily trading volume of more than $50 billion across several asset classes. It has enhanced system uptime to 99.99% and shortened trade execution time by 40%. The UI's ability to be customised has increased user satisfaction ratings by 25%.