Exberry CEO Guy Melamed Talks Up Cloud-based SaaS Market Solutions with JLN’s Julie Ros at FIA’s IDX
|
JLN Correspondent Julie Ros interviewed Exberry CEO Guy Melamed at FIA’s International Derivatives Week (IDX) in June and asked him about the solution Exberry developed on a cloud environment and about its relationship with Amazon Web Services (AWS).
In a recent blog post with AWS, Exberry wrote about passing the one million orders per second mark in microseconds latencies, an important milestone in the industry, Melamed said.
Ros also asked Melamed about the advantage of moving exchange and marketplace infrastructure to cloud-based SaaS platforms. The first advantage Melamed mentioned was “go to market.” Another advantage is being able to focus on managing the markets rather than the technology, as it is being managed by your cloud-based solution provider, he said.
Melamed said cost is also an advantage of a cloud-based SaaS platform, where an exchange can get bigger platforms or exclusive platforms as its needs grow.
Melamed also spoke about some of Exberry’s recent accomplishments building high performance exchange solutions.Melamed talked to Ros about how he sees capital markets technologies evolving in the next five years.
Please see the entire interview here.
The Future of Prediction Markets: Potential New Revenue Streams for Financial Exchanges
In the ever-evolving landscape of financial markets, an intriguing development is gaining traction: prediction markets and event contracts. These innovative financial instruments are poised to reshape the way we trade and hedge risks, offering new opportunities for market participants and exchanges alike.
Is Your Exchange Future Ready?
As technology advances and market dynamics shift, the need for exchanges to adapt and innovate has never been more pressing. Exchanges trying to deal with today’s rapidly evolving financial landscape face a critical question: Are you truly prepared for the future?
Sharpen Your Knowledge Before Returning to the Capital Markets industry!
As you gear up to return to the fast-paced world of capital markets, it’s important to ensure your knowledge is as sharp as ever. This quick quiz is designed to refresh your understanding of the latest industry developments.