
Deriv Reduces Trading Latency with AWS Global Accelerator Case Study
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The world of online trading is a fast-paced and competitive landscape, where every millisecond counts. For traders, latency is the enemy – a delay of even a fraction of a second can mean the difference between making a profit and losing out. This is why trading platforms are constantly seeking ways to improve their speed and reliability, ensuring that their users have the best possible experience.
One company that has made significant strides in this area is Deriv, a leading online trading platform. By adopting AWS Global Accelerator, Deriv has successfully reduced its trading latency, improved network reliability, and enhanced data security – all while lowering costs. But what exactly is AWS Global Accelerator, and how has it helped Deriv achieve its goals?
[Image: AWS Global Accelerator infographic]
To understand the impact of AWS Global Accelerator on Deriv’s trading platform, it’s essential to delve into the world of networking and latency. In simple terms, latency refers to the time it takes for data to travel from the user’s device to the server and back again. This delay can be caused by a variety of factors, including distance, network congestion, and server overload. For online traders, latency is a critical issue, as it can affect the accuracy of prices, the speed of trade execution, and ultimately, the profitability of trades.
[Image: Latency illustration]
Deriv’s decision to adopt AWS Global Accelerator was driven by the need to reduce latency and improve the overall trading experience for its users. According to Arun Venkataraman, “We took a different route compared to others who chose more traditional networking solutions. AWS Global Accelerator has proven to be a cost-effective solution, consistently outperforming other networking services currently available.” By leveraging the power of AWS Global Accelerator, Deriv has been able to facilitate trades in under 500 milliseconds from anywhere in the world, ensuring a fast and reliable trading experience.
[Image: Deriv’s trading platform]
But how exactly does AWS Global Accelerator work? In essence, it’s a networking service that helps improve the performance and availability of applications with a global user base. By using AWS Global Accelerator, Deriv is able to direct traffic to the closest edge location, reducing latency and improving network reliability. This means that traders can execute trades faster, with greater precision, and with less risk of errors or delays.
[Image: AWS Global Accelerator architecture]
The implementation of AWS Global Accelerator has led to significant improvements in regional transaction times, ranging from 15 to 50 percent. As Arun Venkataraman notes, “Previously, clients in remote markets waited up to five seconds for trades to complete. Now, they can execute more trades per day, with greater precision, compared to competing platforms or even our pre-Accelerator systems.” This increase in trading volume not only boosts revenue for Deriv but also for its customers, who can now trade with greater confidence and accuracy.
[Image: Trading volume graph]
In addition to reducing latency, AWS Global Accelerator has also improved Deriv’s network reliability and data security. Thanks to AWS Global Infrastructure, Deriv maintains 99.97 percent uptime, with network traffic automatically rerouted in case of regional server outages. This ensures that traders can access the platform at all times, without interruption or delay. Furthermore, AWS Global Accelerator simplifies compliance with global Payment Card Industry Data Security Standard (PCI DSS) requirements, ensuring data encryption both at rest and in transit.
[Image: Security illustration]
As Andreas Potamitis explains, “Our clients, regardless of their location, deserve a seamless trading experience. With AWS Global Accelerator, we have been able to significantly reduce latency and ensure reliable access to our platform, even in the most remote locations.” This commitment to delivering a high-quality trading experience has earned Deriv a reputation as a leader in the online trading industry, with a loyal customer base and a strong track record of innovation.
[Image: Deriv’s team]
In conclusion, Deriv’s adoption of AWS Global Accelerator has been a game-changer for the company, enabling it to reduce trading latency, improve network reliability, and enhance data security. By leveraging the power of AWS Global Accelerator, Deriv has been able to deliver a fast, reliable, and secure trading experience to its users, regardless of their location. As the online trading industry continues to evolve, it’s clear that Deriv is well-positioned to remain at the forefront, with a commitment to innovation and a focus on delivering the best possible experience for its customers.
[Image: Deriv’s logo]
So, what can other companies learn from Deriv’s experience with AWS Global Accelerator? Firstly, the importance of reducing latency and improving network reliability cannot be overstated. In today’s fast-paced digital landscape, every millisecond counts, and companies that can deliver a seamless user experience are more likely to succeed. Secondly, the adoption of cloud-based services like AWS Global Accelerator can be a cost-effective and efficient way to improve performance and availability. Finally, by prioritizing innovation and customer experience, companies can build a loyal customer base and establish themselves as leaders in their industry.
[Image: Cloud computing illustration]
As we look to the future, it’s clear that the online trading industry will continue to evolve and grow, with new technologies and innovations emerging all the time. But for now, Deriv’s success with AWS Global Accelerator serves as a powerful example of what can be achieved through the adoption of cloud-based services and a commitment to delivering a high-quality user experience. Whether you’re a seasoned trader or just starting out, the importance of speed, reliability, and security cannot be overstated. With Deriv and AWS Global Accelerator, you can trade with confidence, knowing that you’re getting the best possible experience.
So, what are you waiting for? Join the thousands of traders who have already discovered the power of Deriv and AWS Global Accelerator. Sign up for an account today and experience the difference for yourself. With its fast and reliable trading platform, rigorous security measures, and commitment to innovation, Deriv is the perfect choice for anyone looking to take their trading to the next level. Don’t miss out – start trading with Deriv today and see the difference for yourself.