LiquidityBook has joined the Amazon Web Services (AWS) community having completed the migration of its Software-as-a-Service (SaaS) buy- and sell-side trading solutions to the cloud provider’s global data centres. As a result, the company has points of presence in AWS regions in the US and Europe, and ability to scale up globally across Europe, the US, Asia-Pacific and LatAm as client need arises.
LiquidityBook started using AWS for some infrastructure components when it moved to a fully SaaS based model with the 2013 release of its next generation LBX suite. Earlier this year, it began a project to move to a full Infrastructure-as-a-Service (IaaS) model, migrating its entire infrastructure to the cloud. The company’s solutions include order management, portfolio management, execution management, FIX network connectivity, compliance and pre- and post-trade processing.
The decision to move to AWS was made, in part, to meet growth in client wins and to be able to spin up additional data centres in response to regional client demand for LiquidityBook services.
The move also delivers technical benefits. LiquidityBook chief architect Andy Carroll, who was brought on earlier this year to lead the AWS migration effort, says: “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 happy to have moved our infrastructure to it to create a resilient data centre mesh globally.”
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