Fintech firm eToro moves trading platform to cloud

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eToro has chosen TelecityGroup’s Cloud-IX platform to deploy its core IT infrastructure in the cloud.

The social investment network, which enables users to manage their investment portfolios with reference to a wider trading community, will move mission-critical applications to the Microsoft Azure public cloud using TelecityGroup’s solution.

eToro will also move its private cloud to TelecityGroup’s London data centre. TelecityGroup’s Cloud-IX ecosystem will allow eToro’s private and public infrastructure to be connected using Azure ExpressRoute.

Israel Kalush, VP of Engineering, eToro says: "The nature of our business requires us to provide our customers with a high performance, scalable and extremely robust service. In addition, we work in a regulated industry, which obliges strict guarantees to the customer and how their data is used.

"We have a strong relationship with TelecityGroup, so once we decided to make a strategic shift towards cloud-based assets, it was a natural decision to choose Azure ExpressRoute, as part of TelecityGroup’s Cloud-IX platform. Working closely with AltoRoutes we were able to achieve a flexible, resilient and secure hybrid cloud deployment on time and with minimal friction on our end."

James Tyler, Chief Commercial Officer, TelecityGroup comments: "Cloud-IX provides a cloud-neutral ecosystem and networking platform which enables customers to fully leverage the possibilities of the cloud with flexible and scalable public, private and hybrid cloud solutions."

Tyler added: "eToro is a fantastic example of an organisation using the hybrid cloud to its full potential, with its physical infrastructure in a TelecityGroup data centre working in combination with the Azure public cloud to enable it to expand its business, while maintaining its customer experience."

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