UK-based FX, spread betting and CFDs provider London Capital Group (LCG) has selected Solace’s solutions for use in its core trading infrastructure that distributes real-time price information to LCG’s applications and traders.
Solace offers a unique combination of operational simplicity and low latency, allowing the spread better to build a highly responsive service for its clients.
Important considerations in LCG’s decision to outsource Solace’s infrastructure were its ability to handle information routing between the brokerage’s internal applications, as well as reduce latency and simplify data flows to ensure LCG applications are always synchronized. This helps reduce response times and slippage for its comprehensive network, the company says.
What Lies Ahead for a British Fintech Industry Outside the EUGo to article >>
Solace’s message routers are also projected to reduce the datacenter footprint while also providing improved monitoring and management.
According to Annivas, CIO of LCG, in a recent statement on the integration of Solace solutions: ”Solace technology helped us upgrade our information pipeline to ensure data is shared in a fast and reliable manner. We are now able to easily connect all elements of our trading applications so we can efficiently scale to meet the changing needs of our business.”
Keith McAuliffe, general manager of financial services at Solace, added: ”CFD and spread betting are markets where the optimization of data management is critical to growth and client retention. Our work with LCG is a great example of how our technology can help businesses simplify their data movement infrastructure while improving their ability to collect, distribute and leverage increasing amounts of real-time data.”