UK-based Fintech360 has introduced its financial technology solutions on AWS Cloud to enhance performance for brokers.
Amazon Web Services (AWS), a subsidiary of Amazon, offers a range of cloud hosting services, from computing power to advanced analytics and machine learning.
Fintech360 said that despite proven benefits, there is a misconception that cloud hosting is intended for startups or small businesses, which cannot afford their servers.
In contrast, many established businesses, especially in fintech, on cloud hosting to maintain their competitive advantage, including the company.
Fintech360 is a provider of B2B financial technology services, customised to brokers’ needs.
Its services include a customer relationship management (CRM) system, payment gateway, business intelligence tools, and customisable trading platform.
The company’s white-label trading platform allows brokers to customise and integrate it into their ecosystems, providing a branded experience to their clients.
Fintech360 said that AWS Cloud has significantly enhanced its capabilities, improving the quality of its services in different aspects.
AWS allowed the company to scale its infrastructure rapidly based on demand, its brokers to perform better even during peak times and handle increased load.
The collaboration also enhanced its security measures, using AWS’s advanced data encryption, secure access controls, and automated incident response features, said Fintech360.
AWS ensures full compliance with regulatory standards, crucial for any fintech provider.
Fintech360 in its statement said: “By delegating the technical aspects of cloud hosting to a highly competent partner, Fintech360 can concentrate on developing advanced fintech solutions and improving its current offerings.
“This focus on core business activities drives growth and enhances service quality, ensuring that Fintech360 remains at the forefront of the fintech industry.
“The future of business increasingly leans towards digital solutions, with cloud hosting set to play a pivotal role in this process.
“Companies that adopt cloud hosting already enjoy a considerable competitive advantage due to enhanced scalability and security, as well as the higher volumes of resources they can allocate for innovation and business improvement.”
