ADSS taps Adaptive to launch fully cloud-native retail broking platform

Rick Steves

“Being the first fully cloud-native retail broking platform means that we are able to keep our product at the leading edge as we establish a truly industry-defining offering.”

Adaptive has announced a partnership with ADS Securities LLC (ADSS) to introduce an exclusively cloud-based retail broking platform.

This collaboration involved the development of a new, proprietary trading platform that operates 24/7 on the cloud, accessible through both web and native mobile apps.

Cloud-native platform using Aeron and Hydra tech

According to Adaptive, the upcoming retail broking platform will feature 24/7 availability, high throughput, and low latency, facilitated by ADSS’s cloud-native infrastructure employing fault-tolerant Aeron and Hydra technology.

The platform’s web and mobile interfaces, designed by Adaptive, allow users to seamlessly switch between the two, providing a versatile and personalized trading experience. The platform’s adaptability caters to a diverse user base, ranging from trading novices to professionals.

Adaptive, appointed as a long-term partner, provides strategic advice, platform and experience (UX) design, and ongoing platform management, including the introduction of new features, tools, and asset classes to address customer demand.

“Differentiated trading solutions are vital to attract and retain custom”

Matt Barrett, CEO and co-founder of Adaptive, said: “In modern markets, differentiated trading solutions are vital to attract and retain custom. For brokers like ADSS, the technological challenge is vast – delivering low latency and managing high volumes across asset classes, managing vast swathes of data and delivering a world-class user experience that enables clients to easily navigate deep and complex functionality. We are therefore proud of the proprietary cloud-based platform that we have delivered in collaboration with ADSS.”

Sophia Salim, Chief Technology Officer for ADSS, said: “In a competitive retail trading market, being able to serve progressively diverse and sophisticated audiences at scale has never been more essential. Owning a high-performance platform enables us to achieve this – setting our offering apart in its functionality, feel and performance, both now and into the future as our new cloud-based infrastructure allows us to grow and adapt with our clients’ changing needs. Being the first fully cloud-native retail broking platform means that we are able to keep our product at the leading edge as we establish a truly industry-defining offering.”

  • Read this next

    Digital Assets

    Bitcoin breaks all records with a massive $1.347 billion transaction

    This transaction has surpassed previous records, setting a new benchmark for Bitcoin trades. Before this event, the largest Bitcoin transactions included a $1.1 billion trade in April 2020 involving 161,500 BTC, and other significant transactions ranging from $491 million to $1.033 billion throughout 2019 and 2020.

    Digital Assets

    Uniswap debuts Ethereum ‘uni.eth’ subdomains

    Decentralized exchange platform Uniswap has integrated Ethereum Name Service (ENS), allowing users to create human-readable domain names and cryptocurrency wallet addresses using .eth endings.

    Web3

    Magic Square Expands with TruePNL Acquisition

    Binance’s web3 app store, Magic Square, acquired token platform TruePNL in a cash deal this week for an undisclosed sum. The deal brings TruePNL’s infrastructure (excluding branding & token) under Magic Square’s wing. Initially seeking a partnership, Magic Square opted for a full acquisition.

    Crypto Insider

    The Future of Prediction Markets? Zeitgeist Launches Decentralized Court System

    Polkadot-powered prediction market protocol Zeitgeist has announced the launch of its latest innovation: a decentralized court system.

    Digital Assets

    Crypto exchange Kraken fires back at SEC lawsuit, claiming overreach

    Crypto exchange Kraken is pushing back against the U.S. Securities and Exchange Commission (SEC), seeking to toss out a lawsuit that accused the platform of operating without proper registration.

    Industry News

    Exness Named a Best Place to Work in 2024

     Global leader Exness, tops in retail trading volume, earns 2024 “Best Place to Work” award, cementing its employee-centric culture after three prior years of winning the Cyprus national title.

    Digital Assets

    Swan Bitcoin taps Bakkt for crypto offering in the US

    “We are thrilled to be taking this exciting step forward in our partnership with Swan. This is just the beginning of our collaboration, as we intend to explore further growth opportunities together in the future, including expansion into international markets.”

    Digital Assets

    Polkadot Awards Bifrost a 500,000 DOT Loan to Enhance Liquid Staking Adoption

    Bifrost, a leader in liquid staking solutions, has secured a 500,000 DOT loan from Polkadot’s treasury to expand the reach and utility of its vDOT product within the ecosystem.

    Digital Assets

    FTX cleared to sell $1 billion stake in AI outfit Anthropic

    A Delaware bankruptcy court just approved a plan allowing the now-defunct FTX and its creditors to offload the exchange’s $1 billion stake in AI outfit Anthropic.

    <