Adaptive Financial Consulting: High-Performance Trading Platform for the Modern Era
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Adaptive Financial Consulting: High-Performance Trading Platform for the Modern Era

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Matt Barrett, CEO , Adaptive Financial ConsultingMatt Barrett, CEO
As digital technologies are maturing rampantly, trading firms are looking for a high-performance, intuitive and futuristic trading platform that not only streamlines their re-platforming exercise but also allows them to retain the flexibility of their existing custom-built systems. Although many firms have the expertise to manage their trading platforms, they lack the ability to upgrade the platforms based on the evolving market needs. A leading innovator, London-based Adaptive Financial Consulting, brings a state-of-the-art and flexible trading platform, ‘Hydra,’ assisting companies to reach markets faster and gain a competitive edge.

“Rather than building a custom trading system from scratch for every new project, we have built a suite of technical components that decouple business logic from technical infrastructure. By doing this, we have streamlined system design, development, and maintenance,” says Matt Barrett, CEO, Adaptive Financial Consulting. Bringing together Adaptive’s Hydra technology, and custom-building to their client’s requirements, means that the latter can now mitigate delivery risk, improve the time to market, and own the resulting IP. Hydra can be operated natively on the cloud and currently serves various institutions ranging from tier 1 and tier 2 investment banks to hedge funds to trading venues and brokers. For instance, a firm struggling to deliver a project internally for almost eighteen months approached Adaptive. Within two weeks of starting with Adaptive, the client’s workflow was implemented on Hydra. Hydra eliminated the need to build or configure technical infrastructure, enabling the immediate delivery of business logic. “Not all trading systems require microsecond latencies and co-location facilities, and for less demanding systems cloud is now a perfectly valid option. We guide our clients to migrate their trading systems to the cloud quickly.”

Hydra constitutes a series of components labelled as Hydra Cluster, Hydra Messaging, Hydra Web Gateway, and Hydra Fix. The highly efficient Hydra Cluster allows Adaptive’s development team to build resilient services such as trade matching engines and request for quotation workflows.

Olivier Deheurles, CTOOlivier Deheurles, CTO
Additionally, low latency and high throughput complement Hydra Cluster to handle large amounts of trading data in volatile market conditions. Hydra Messaging, on the other hand, assists development teams in designing application protocols to reduce the laborious work required to build custom distributed systems. Adaptive’s Hydra Web Gateway allows the firm to quickly and reliably connect user interfaces to its backend. And finally, Hydra Fix is the de-facto standard that determines real-time exchange of information concerning the securities transactions in the markets.

Rather than building a custom trading system from scratch for every new project, we have built a suite of technical components that decouple business logic from technical infrastructure


Further, Adaptive’s offerings encompass a three-pronged services model—design, build and operate. The firm’s design team conducts a series of workshops to understand client requirements and accordingly creates a practical blueprint for the product with an overview of the detailed technical architecture. The delivery team of Adaptive is armed with the required skills in areas of project management, business analysis, user experience design, user interface (UI) and backend development. “With these skills, the team helps clients build the requisite trading platform,” says states Olivier Deheurles, CTO, Adaptive Financial Consulting.

Adaptive has fostered a work culture centered on engineering, which sets it apart from the competition and allows it to attract and retain top talent. In the future, the firm plans to expand its operations in North America as well as Asia. Adaptive is focused on launching a “data practice” service whereby the data produced by the firm’s systems can be stored and analysed through traditional analytics techniques and artificial intelligence.