Tradier, a cloud-based brokerage technology platform, has selected FinQloud, a secure cloud computing platform from Nasdaq OMX to build its "cloud brokerage in a box."
Powered by Amazon Web Services (AWS), FinQloud's expanded ecosystem of compute, network, storage and database solutions will help Tradier building all critical aspects of its offering, including application programming interfaces (APIs), web and mobile modules, and secure services.
Tradier says its collaboration with Nasdaq OMX FinQloud will also eliminate the need to lease datacenter space and enable end-to-end secure and cost-effective business operations.
"FinQloud is removing the barriers that financial services organizations have faced when launching new applications," says Adam Selipsky, vice president of AWS. "Tradier has built their entire business on FinQloud powered by AWS, and is a great example of how innovators in the financial services industry are bringing exciting new apps to market faster, avoiding large capital expenditures and lowering costs while meeting their regulatory obligations."
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