LiquidityBook, a provider of FIX and OMS trading solutions for both the buy and sell side, today announced the completion of its migration to Amazon Web Services (AWS) data centers. The move provides even lower latency and stronger data sovereignty, as well as greatly improving the competitiveness of its execution and connectivity services.
To capitalize on the benefits of running workloads in AWS, LiquidityBook now maintains a Point of Presence (POP) in both the US and Europe, which also provides the ability to leverage multiple AWS regions to dynamically shift around and expand its global infrastructure capacity as client need arises. The journey to the AWS clouds at LiquidityBook began earlier this year.
LiquidityBook’s technology, which can be integrated into existing trading systems, provides buy- and sell-side with the ability to enhance their client relationships and participation in the global markets, creating new revenue streams and reducing costs. The list of its services covers the full trade lifecycle, including order management, portfolio management, execution management, FIX network connectivity, compliance and pre- and post-trade processing.
Amazon Web Services has recently created a distinct UK presence with the opening of the AWS Europe (London) Region earlier this year. The new availability zones enabled many firms to reduce IT costs, address data locality needs, and embark on rapid transformations in critical new areas such as big data analysis. In total, AWS now offers its users a choice between 17 regions with a total of 44 availability zones around the world.
Chief Architect Andy Carroll, who was brought on earlier this year to lead the AWS migration effort, said: “We were an early adopter of the web for both the front- and back-end of our platform for multiple reasons – simplicity, extensibility, flexibility and scalability to name a few. Amazon has been a fantastic partner for us since we developed our next-gen platform, and we’re very happy to have moved our full infrastructure to it to create a fully-resilient data center mesh globally.”
He added: “The quality of our service organization is a significant part of our value proposition, and with the expansion of our business we required an infrastructure partner that will grow with us, especially as we build our client base in Europe. With a global footprint, AWS will allow us to quickly add capacity or even spin up new datacenters entirely so we can continue providing the level of service our clients have come to expect from us.”