Centralizing and Enhancing Real-Time Data Systems for one of Europe's leading providers of market data and software
CUSTOMER PROFILE
Client: Infront
Industry: FinTech, Stock Exchange Data
Size: Serves over 3,500 businesses with 70,000 professional users, 1 million daily users, and over 8 billion data points processes daily.
Portfolio: Comprehensive stock exchange data integration and real-time data delivery systems
Years of Experience: Over 75 years in supporting wealth and trading professionals
CHALLENGE
Business Challenge: Infront needed to integrate newly acquired solutions with their existing in-house systems and migrate protocols for the Borsa Italiana stock exchange. They required a solution that would ensure seamless communication between their clients and stock exchanges, and reduce dependency on external firms by centralizing operations.
SOLUTION
Insourcing and Integration: We partnered with Infront to insource acquired projects and integrate them with their in-house systems. Key focus areas included:
- Protocol Migration: Successfully migrating protocols for the Borsa Italiana, ensuring uninterrupted communication for Infront's clients.
- System Integration: Integrating Infront with external systems, including various stock exchanges, to streamline operations and enhance data flow.
Development and Maintenance: Developed and maintained a robust system for real-time data delivery to the Italian stock exchange, ensuring high reliability and efficiency.
Technology Stack:
- Backend: C++, .NET
- Frontend: JavaScript, TypeScript
- Tools: Powershell, Batch
- Databases: MS SQL
Project Phases:
- Insourcing and Integration: Integrated acquired projects with in-house systems and migrated protocols for the Borsa Italiana.
- Development and Maintenance: Developed a component to support a stock exchange protocol migration.
- Centralization: Transitioned from a siloed approach to a centralized one, enhancing operational efficiency and reducing external dependencies.
RESULTS
Growth and Scalability: The solution enabled Infront to centralize its operations, integrate new acquisitions seamlessly, and maintain a reliable real-time data delivery system.
Impact: Our collaboration resulted in a robust, centralized system capable of handling real-time stock exchange data efficiently, enhancing Infront's operational reliability and market responsiveness.
Key Takeaways:
- Centralized Approach: Transitioning from silos to a centralized system improved operational efficiency.
- Protocol Migration: Successful migration of stock exchange protocols ensured uninterrupted communication.
- Real-Time Data Reliability: Developed systems ensured reliable real-time data delivery for stock exchanges
- FinTech Specifics: Implementation of calculations with financial data to deliver customized values beyond those delivered by the market
Project Duration: January 2022, ongoing
Team Size: 10+