LiquidityBook Completes Global Migration to Amazon
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New York, Oct. 12, 2017 (GLOBE NEWSWIRE) -- LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced the completion of its migration to Amazon Web Services (AWS) data centers globally. As a result, LiquidityBook now maintains a Point of Presence (POP) in AWS regions in the US and Europe, with the ability to quickly scale up globally across Europe, the US, Asia-Pacific and LatAm as client need arises.
LiquidityBook offers a full suite of buy- and sell-side solutions supporting the full trade lifecycle, including order management, portfolio management, execution management, FIX network connectivity, compliance and pre- and post-trade processing. It has employed a fully SaaS-based model for its platform since 2013 when it launched its next generation LBX suite, leveraging AWS for certain infrastructure components. Earlier this year LiquidityBook began a project to move to a full Infrastructure-as-a-Service (IaaS) model, migrating its entire infrastructure to the cloud provider.
“We were an early adopter of the web for both the front- and back-end of our platform for multiple reasons – simplicity, extensibility, flexibility and scalability to name a few,” explained Chief Architect Andy Carroll, who was brought on earlier this year to lead the AWS migration effort. “Amazon has been a fantastic partner for us since we developed our next-gen platform, and we’re very happy to have moved our full infrastructure to it to create a fully-resilient data center mesh globally.”
LiquidityBook has grown rapidly in recent years, with 2016 seeing the firm set records for revenue, client wins and system volume. Since the start of Q3 2016, LiquidityBook has increased its client base by approximately 20%, onboarding over 25 new clients including Crow Point Partners , Pier 88 Investment Partners , Solstein Capital and Zeo Capital Advisors . According to Sean Sullivan, Chief Revenue Officer, the full move to AWS will allow the firm to scale quickly to meet this rapid growth.
“The quality of our service organization is a significant part of our value proposition, and with the expansion of our business we required an infrastructure partner that will grow with us, especially as we build our client base in Europe. With a global footprint, AWS will allow us to quickly add capacity or even spin up new datacenters entirely so we can continue providing the level of service our clients have come to expect from us.”
About LiquidityBook
LiquidityBook is a leading SaaS-based provider of buy- and sell-side trading solutions, including order management, portfolio management, execution management, FIX network connectivity, compliance and pre- and post-trade processing. Founded in 2005, the LiquidityBook platform is trusted by many of the industry’s most sophisticated buy- and sell-side firms globally to power their trading workflows. For more information please visit www.liquiditybook.com or contact sales@liquiditybook.com.
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Mark Dowd Forefront Communications Group, Inc. 2013769687 mark@forefrontcomms.com