Crypto Trends

smartTrade Taps Amazon Web Services to Offer Cloud Trading ⋅ Crypto World Echo

smartTrade Technologies moved its tradinginfrastructure to Amazon Web Services (AWS) as part of a broader push tomodernize operations and support hybrid cloud deployment.

According to the company, the move is part of a newinternal initiative called MetaCloud, aimed at improving flexibility,scalability, and automation across the firm’s trading and payments platforms.

The trading technology provider says theMetaCloud project will allow it to deliver solutions across both public andprivate cloud environments. The company plans to use AWS to streamline deployment,integrate new analytics tools, and expand its use of AI across front-officeworkflows.

Hybrid Cloud and AI Integration

The MetaCloud project is being led by smartTrade’sinternal research group, the Advanced Innovation Lab. According to the company, the AWS-backed platform willsupport automated deployment processes and allow for integration of generativeAI tools, including large language models.

smartTrade says this infrastructure shift enablesfinancial institutions using its services to gain faster access to trading datainsights and to automate certain client-facing workflows.

Read more: Nearly 37 Million Accounts, But Only 3.6 Million Russians Actively Trade

“Building on AWS is about strategically positioningsmartTrade to define the future of trading and payments technology,” said DavidVincent, CEO & Co-Founder of smartTrade Technologies.

“Leveraging the advanced infrastructure and servicesof AWS allows us to accelerate our innovation roadmap, particularly withadvancements like our AI smart Copilot and advanced analytics services.”

The company has adopted a number of AWS services,including Amazon EC2 within Kubernetes (EKS), Amazon Aurora, and AWS DirectConnect. According to the company, full system environments can now beprovisioned in less than 15 minutes, reducing development bottlenecks.

AWS Infrastructure at the Core

AWS Managing Director for Financial Services, ScottMullins, said the partnership “enables the delivery of next-generationsolutions” by giving smartTrade access to a more scalable and moderninfrastructure.

This shift marks a significant departure from the traditional infrastructure used by many legacy trading technology vendors. Byleaning into a hybrid cloud model, smartTrade joins a growing list of financialtechnology firms seeking to move away from on-premise systems in favor of moreflexible architectures.

The company has not disclosed the financial terms of itspartnership with AWS. However, the collaboration aligns with a broader trend offinancial infrastructure providers increasingly relying on public cloudpartners to support their digital transformation goals.

This article was written by Jared Kirui at www.financemagnates.com.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button