There is a growing population of tech-savvy investors who wish to personalise their investment experience based on programmatic access (APIfication) provided by brokerage and exchanges for e.g ‘market data’ such as live quotes, market depth etc and enable users to ‘transact’ at their convenience from an interface of their choice.
Client platform has tens of thousands of active users and it is expected to see a multi-fold jump in near future, and to support this, there is a need to rearchitect the current platform by:
- Supporting a push mechanism instead of currently followed ‘pull from database’ mechanism for the ‘market data’ refresh. The existing pull mechanism has a lag of several seconds and not scalable
- Re-architecture for scale by exploring Cloud based infrastructure and relevant native to cloud services for agility, pay as you use, auto scale and on-demand capabilities