Spreadex Heads For The Clouds - Invests £1.2 million In Privately Hosted Platform

British spread betting company Spreadex has today announced that it is upgrading its infrastructure by investing £1.2 million in a private Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term platform provided by IT professional services company Computacenter, based on HP cloud Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term technology.

This upgrade shows that virtual hosting is becoming a solution of choice for firms wishing to store data without risk of locally installed infrastructure failures, and Spreadex intends to underpin and safeguard its clients' trading transactions using this system.

Spreadex, which offers its services in the financial and sports sectors, said Computacenter would also enable replication between its two datacenters in London and St Albans.

David Farlam, an infrastructure analyst at Spreadex, made a statement today on behalf of the company that: "The new private cloud environment will give us the scalability and stability we need to support our business as it continues to grow.

"By basing our private cloud on a converged infrastructure stack from HP, we will be able to provide the security, availability and performance that our customers have come to expect."

Spreadex's turnover increased 14% to £29.4m in the past twelve months, and has seen profits before tax rise by 25% to £14.4 million.