Stockholm, October 27, 2020 /PRNewswire/ —Itiviti, a leading technology and service provider for global financial institutions, today announced the cloud conversion of the entire electronic trading platform. Itiviti chose a hybrid private-public cloud strategy to enhance the modularity and flexibility of the Itiviti platform.
To implement this shift, the company will work with data center experts, Data Canopy, and technology and supply chain services expert Ingram Micro, and utilize Amazon Web Services (AWS).
This cloud transformation project will enable Itiviti’s customers to scale their computing costs on demand and respond more quickly to sudden market changes. They will also be able to get more services through Itiviti’s portal and benefit from the convenient integration of innovative company products. In addition, storing and sharing data will be easier.
The direct benefits of Itiviti customers include improved operational performance, increased efficiency, higher security and reduced IT costs. Itiviti will also enable capital market participants to leverage the new cloud-based transaction infrastructure to seamlessly expand their business deployments globally.
according to Antoine MoreauAs the head of Itiviti infrastructure services, the company is launching an investment and innovation program across the company. Moreau said: “This cloud plan is carried out after a large-scale infrastructure upgrade of our NYFIX order routing network.” “In the context of accelerating capital market virtualization, this project will improve the adaptability of our platform.”
Itiviti will further utilize technologies such as microservices and containerization to develop and deliver new services faster and more efficiently. Moreau added: “For all of our business areas, the most important aspect of this project is to achieve future growth and drive business innovation.”
Ryan Barbera, The CEO of Data Canopy added: “We have been working closely with Itiviti to understand how to best help it achieve its goals. We will use a network of partners to determine the right solution and leverage our presence in the data center and data center We have integrated the cloud of expertise.”
In cooperation with Itiviti, Ingram Micro’s Cloud IaaS Professional Services Center of Excellence is leveraging the AWS Cloud Adoption Framework. “The framework provides guidance to support every department within the Itiviti organization to understand how to update skills, adapt to existing processes, and introduce new methods to maximize the cloud computing advantages of the service,” John Warner, Head of Cloud Market Development, Ingram Micro.
With the launch at the end of 2020, the first phase of applications will run in the cloud, and the cloud computing transformation will be gradually carried out.
For more information, please contact:
Mireille Adebiyi, Chief Marketing Officer of Itiviti Group, Email: [email protected]
About Itiviti
Itiviti enables financial institutions around the world to change their trading methods and trade tomorrow. With innovative technology, deep expertise and dedication to service, we help customers seize market opportunities and provide them with guidance through regulatory changes.
Top banks, brokers, trading companies, and institutional investors rely on Itiviti’s solutions to provide services to customers, establish connections with the market, consolidate trading platforms to conduct smarter transactions across all asset classes, and use automation to accelerate the pace.
As a global technology and service provider, we provide the most innovative, consistent and reliable connection and transaction solutions.
Itiviti has operations in all major financial centers and serves 2,000 customers in more than 50 countries/regions, providing services on a global scale.
For more information, please visit www.itiviti.com.
Itiviti is owned by Nordic Capital.
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