ActivTrades Migrates Online Trading Platform to IBM Cloud

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Increases online trading capacity and speed of customer service

Technology is rapidly disrupting economies, legal frameworks and industries including the financial services industry. In 2017, IDC estimated that banks and financial services organizations in Europe were expected to spend approximately EUR 90 billion on IT with a growing proportion of this to be invested in new cloud technologies such as analytics and mobile [Source: IBM SEE Thinkblog: https://ibm.co/2rW9gdX].

I believe that people and companies work for an opportunity to harness these disruptive technologies in new ways to make smarter business decisions and become more productive. That is why the company I work for – ActivTrades, one of the leading online Forex* brokers in the financial industry – looks at these new trends and technologies as an untapped opportunity.

Today our client base is growing fast, which means that we need to meet this increasing demand and ensure that we provide uninterrupted, fast, reliable, yet flexible and highly secure services, whilst remaining profitable with cost-effective infrastructure.

This need led us to IBM Cloud.

We are offering to our clients a proprietary trading platform called ActivTrader, as well as two popular trading solutions : MetaTrader 4 and 5. Last year we decided to migrate our systems to IBM Cloud and signed a three-year IT services agreement. Today, I can proudly confirm that we have completed the migration of MetaTrader 4,5 and our proprietary platform, ActivTrader to the IBM Cloud.

Our new cloud based platform helps our clients to quickly access up-to-date account information, stock quotes, community bulletin boards and online features to better manage their financial portfolios. Because IBM Cloud is an open, scalable and flexible platform, we could seamlessly deploy MetaTrader 4,5 and ActivTrader to the new working environment. As a result, today we are able to deploy new services in days and can execute transactions very fast – we now have the capacity to settle more than a million transactions per day in real-time.

In addition to cloud infrastructure, the agreement also covers IBM technology and security services. Our work with IBM is helping us to streamline operations and enable fast, secure and efficient trade of more than 50 currency pairs in the Spot Forex market, alongside Indices, Metals, Oil, Cryptocurrencies and other products. By boosting performance, gaining efficiency, and strategically deploying resources for data management, we hope to be one step ahead and completely ready for the digital future that is coming.

 

ActivTrades is a leading UK online broker with over 50,000 customers providing services in CFDs on Forex, Metals, Commodities, Cryptocurrencies and other. The company generates on average more than $87bn trading volume. It has a headquarters in London and additional offices in Milan, Sofia, Dubai and Nassau. ActivTrades’ award-winning customer service is available 24 hours a day and assists clients in 14 languages. The company has won several globally recognised awards over the years for its customer service, client protection and trading execution.

 

 

 

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Footnotes:

*Forex: Foreign Exchange (FOREX) refers to the foreign exchange market. It is the over-the-counter market in which the foreign currencies of the world are traded. It is considered the largest and most liquid market in the world.

 

All financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary.

ActivTrades PLC is authorised and regulated by the Financial Conduct Authority.

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