Finalto Taps Solace to Upgrade Its Trading Platform

​Solace, the modern enabler of real-time event-driven data streaming, announced on Monday (November 20) that Finalto, a market leader in global financial services, has selected PubSub+, Solace's real-time event streaming, management and monitoring platform, to replace its legacy messaging infrastructure to provide its clients with efficient, low-latency pricing and trading services.

According to the latest announcement released by Solace, Finalto is implementing Solace PubSub+ Event Broker appliances and software in financial hubs around the world such as London, Copenhagen, New York, and Singapore, to support this transition. By connecting these event brokers, the company is establishing an event mesh that enables the seamless and real-time flow of information within their organization. This includes the fast and reliable distribution of market data for informed trading decisions, as well as the secure delivery of pre- and post-trade data between front-, middle-, and back-office systems across different business units and geographic locations.

"We knew our desire to continually improve our offering demanded that we upgrade our trading platform's data distribution infrastructure, and quickly realized Solace was the answer," said Paul Groves, UK B2B CEO of Finalto. "The Solace team's deep experience in building high performance trading systems was as impressive as it was unsurprising, given their stable of blue-chip customers in the Capital Markets space."

"We're proud to be helping Finalto expand their business by upgrading their trading platform," added David Mitchell, Regional VP for the UK and Ireland at Solace. "By giving Finalto the power to route tens of millions of messages a second with mere microseconds of latency, our proven technology will be a key part of their ongoing success."

Finalto is also the world-leading liquidity provider. In July this year, the company formed a partnership with Your Bourse​, a leading trade execution technology provider for the retail and institutional MT4/MT5 brokers, to distribute its institutional liquidity directly to Your Bourse clients through the Your Bourse platform.