Case Study: Markets World
Building an online binary options trading platform
Key Facts
Markets World
Client
Isle of Man
Client location
Financial
Industry
10+ developers
Team size
2014 – 2017
Partnership period
Dedicated Team
Service
About the client
MarketsWorld is an online binary options trading platform. It uses real-time streams processing to deliver an instant trading experience to more than 50,000+ users, that generates more then 10M daily server requests.
Key challenges
We were approach to take over the support and maintenance and propose a plan to rebuild the entire platform, which was very unstable and hard to maintain. It had more 8 to 12 hours of downtime every week, releases were being done manually, took 1 to 2 hours and could be done only with the system under maintenance. Overall, the platform had low performance.
Our approach
After a full technical audit of the existing platform, we implemented a simplified, fully automated deployment process and added real-time monitoring to all components. We identified and fixed system bottlenecks, which meant in many cases refactoring components. We implemented development and QA workflows and put reliable security measures in place.
The results
We’ve stabilised the platform, which could now process 10+ millions requests daily with less than 5 – 10 min weekly downtime. A notable moment was that we defended the platform against a large-scale DDOS attack. Another major thing was launching the Markets World mobile apps, which added a boost to the business.
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