Challenge
Standard Chartered has operated for over 150 years in some of the world’s most dynamic markets. The company earns around 90 percent of its income and profits in Asia, Africa and the Middle East. As one of the world’s largest foreign exchange traders, they required a scalable next-generation infrastructure capable of low-latency data distribution across trading locations.
Solution
Standard Chartered selected Solace to provide the real-time data foundation for their next-generation foreign exchange trading platform, and as their new standard for real-time data streaming. Solace Platform was initially deployed in Singapore, Kuala Lumpur, London and New York to enable real-time data flows between trading venues, and they have since expanded that footprint to include 7 more sites, with 1 more in progress.
Outcome
With Solace Platform in place, Standard Chartered gained a scalable, low-latency foundation for real-time data distribution across four trading centers on three continents — enabling the speed and reliability their foreign exchange business demands.