24th March 2022
Press Clipping | A-Team Insight: Top 10 Cloud-Based Trading Environments in 2022
The full article was featured on A-Team Insight on March 8th, 2022.
In a time when the drive to shift to cloud-based trading environments is at an all time high due to the covid-19 pandemic, it is useful to look at which firms offer the best solutions.
A cloud-based trading environment offers flexibility and business continuity by allowing traders to work from anywhere. Gone are the days of tilting heads toward a big chalkboard hanging over a trading floor; and even in-house servers are becoming antiquated as institutions innovate and adopt cloud technologies. Cloud-based trading environments like the ones listed below offer connectivity through cloud platforms, increasing efficiency and cutting costs.
TradingTech Insight has collated a list of the top cloud-based trading environment providers to consider in 2022, based on our own research as well as entries to our TradingTech Insight Awards Europe and TradingTech Insight Awards USA.
Adaptive – Winner of Best Cloud-Based Trading Environment in the 2021 TradingTech Insight Awards Europe
Hydra Platform, Adaptive’s cloud native electronic trading platform, is comprised of a series of components labelled as Hydra Cluster, Hydra Messaging, Hydra Web Gateway, and Hydra Fix. Hydra Cluster is capable of handling large amounts of trading data in volatile market conditions, alongside Hydra Messaging, allowing development between teams, and Hydra Web Gateway allows firms to quickly connect user interfaces on the back end. Hydra Fix determines real-time exchange of information concerning securities transactions. Using a three-pronged approach, Adaptive’s model is design, build and operate; matching Hydra technology to custom-build to client requirements to improve time to market.
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