Powered by Amazon Web Services (AWS), the new technology’s compute, network, storage and database solutions from AWS will help Tradier to build its offering that include a set of API’s, web/mobile modules and secure services.
Implementation of FinQloud will abolish the requirement to lease data center space and procure in advance a substantial amount of technology infrastructure, thus helping the business to operate in a scalable, secure and cost efficient way.
Tradier CEO Dan Raju said, "We believe this relationship will help Tradier clients build and deliver powerful, customer-centric applications for their users."
Using FinQloud instead of deploying a traditional ‘procure-develop-deliver’ model, the company will be in a position to reduce its product development lifecycle and time-to-market.
Nasdaq OMX FinQloud assists firms to reduce the operational costs and complexities associated with data and infrastructure management.
