Performance is a critical challenge in todayâs volatile market. A customer since 1999, Avanza Bank will implement a new version of Front Arena that leverages cloud technology to help remove performance bottlenecks. Incorporating cloud technology also provides linear scalability, which helps customers scale Front Arena up or down at a predictable cost.
The pre-trade risk functionality helps Avanza Bank to calculate accurate trading permission and restriction in real time, giving their clients maximum trading capacity. Avanza Bank is already taking advantage of Front Arenaâs smart order routing functionality, best execution capabilities, and gateways that are designed to handle high volume retail order flows.
Juerg Hunziker, president of SunGardâs Front Arena and Adaptiv business units, said, âAs businesses grow and add new users, systems are being put under pressure. Because Front Arena incorporates cloud technology, Avanza Bank can add processing power with no upper limit, run Front Arena on limited hardware, and have a consistent way of handling fail-over and disaster recovery.â