TT Deploys SaaS-Based Trading Platform, EEX First to Go Live

TT tapped Amazon and OpenFin to help build out the platform.

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Trading Technologies CEO Rick Lane discusses why the industry is ready for a SaaS-based trading platform.

By partnering with Amazon Web Services (AWS), the TT platform will be delivered via a software-as-a-service (SaaS) model. Rick Lane, TT's CEO, tells WatersTechnology that the platform will deliver low-latency trading execution, co-location services, the ability to store large swaths of data, as well as provide mobile trading capabilities.

"This is a pure software-as-a-service model, which is a pretty big departure for us, and for the professional trading industry, in general," Lane says.

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