Challenge
As a broker, Finalto will accept trades from clients and submit them to liquidity providers. To offer competitive pricing for its customers, Finalto required a trading platform that could support higher throughput and lower latency which their current system was unable to deliver.
Solution
Finalto is deploying a combination of Solace PubSub+ Event Broker appliances and software in financial centers around the world, including London, Copenhagen, New York and Singapore. The company is linking these event brokers to build an event mesh that will efficiently stream information across their enterprise in real-time – from the low latency distribution of market data that informs trades, to the guaranteed delivery of pre- and post-trade data between front-, middle- and back-office systems across lines of business and geographies.
Benefits
By replacing its legacy messaging infrastructure with Solace PubSub+ Platform Finalto will be able to keep up with ever-increasing market data volume and provide efficient, low latency pricing and trading to its clients.
Finalto is a market leader in global financial services, composed of a number of B2B businesses, CFH, Alpha, and Tradetech 360 in addition to their B2C brand Markets.com.