Case study: Retail broker launches new data centre for global financial markets

Learn about how to scale up the data centre technologies with accurate time synchronisation.

Client

A European retail broker that enables users to trade a wide range of financial instruments including trading futures, forex and stocks.

Problem

The client was increasing their capacity by expanding into a new data centre located in London.

They required a 100 microsecond MiFID II compliant timing solution that would deliver trusted timestamps. The client had deployed a hardware based solution in their home market but realised that replicating this in London would require the purchase and installation of additional timing infrastructure.

This would be expensive and require significant time and resource to install, deploy and manage. In addition, a new North America based data centre would follow within twelve months of London, meaning any solution should scale quickly to cover this additional increase in data centre capacity.

Solution

Our team has developed a range of software-based timing solutions to deliver precise, scientifically measured, digitally coded time.

With the highest levels of accuracy, and cutting-edge adaptive control capability, the systems have a range of applications including data collection, compliance and security for global financial markets.

An innovative next step in data centre technology, we provide accurate, traceable time with verifiable timestamps to any data centre worldwide.

We worked with the client to understand their compliance requirements and put together a bespoke proposal for providing Hoptroff Traceable Time as a Service (TTaaS®) with sub-microsecond delivery into their datacentre.

Outcome

Significant cost savings over a hardware based timing solution.

No ongoing maintenance or monitoring as we maintain the clocks and time feeds on behalf of the clients.

Installed and fully operational within 10 working days.

Fully traceable, MiFID II compliant and accurate time synchronisation.

Client can monitor their servers and data centre operations remotely using the Hoptroff app.

Time feed includes both satellite and terrestrial time sources for added resilience.

Can scale quickly to cover their North America data centre expansion plans as and when required.

Ready to learn more?

Hoptroff Traceable Time as a Service (TTaaS®) is a range of network and software-based timing solutions that are simple, resilient, and cost-effective.

Whether you need the security of verifiable time for compliance, or sub-microsecond delivery into your data centre, our obsession with accuracy will transform your business.

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Case study: Hedge fund requires fully compliant MiFID II timing solution