" The project allowed us to scale massively, and boosted availability and throughput, all at a negligible cost. "
Stock- or share-trading depends heavily on the timely flow and availability of key information to market traders. Delayed decisions can easily turn elaborate gains to disappointing losses and one-stop financial services shop, India Infoline (IIFL), knows that. One of the technology solutions it offers is the Trader Terminal, IIFL's in-house trading platform. It is a comprehensive trading tool with charting and analytical capabilities that allows traders to analyze information, place orders, and execute them at lightening speed. As the business scaled, the Trader Terminal was re-written from scratch with an objective to handle multiple asset classes, be fastest in the market, and have highly-reliable trade execution. Its server-side was re-configured to run on dynamic architecture or as standalone infrastructure, public, private or hybrid clouds platform, allowing IIFL to scale massively to address dynamic workloads. As a result customer service calls went down from 250 a day to less than 20, and delayed trades were reduced from 30 to 2 percent.