Share Prices & Company Research

Market News

26 Jan 2021 | 08:50

CMC Markets selects Amazon Web Services to aide digital transformation

(Sharecast News) - Financial services company CMC Markets has selected Amazon Web Services to help deliver the next phase of its digital transformation. CMC Markets said the adoption of AWS would provide it with the "agility, security and resiliency" to deliver on its ambitious product development pipeline by freeing up "valuable development hours", taking its delivery time from six months to six weeks and allowing clients to benefit from faster access to its new product innovations.

The FTSE 250-listed firm stated that with a raft of new products set to be launched in 2021, the enhanced infrastructure would play "a critical role" in ensuring new and existing customers will receive the highest quality service.

Chief technology officer Brendan Foxen said: "Over the last ten years, our product offering, trades executed and volumes of data have grown considerably.

"Adopting AWS and using the highest levels of abstraction and native services allows us to develop our product offering with a far greater speed and richness of customer experience, underpinned by the scale and reliability of AWS services."

As of 0850 GMT, CMC Markets shares were up 1.18% at 387.0p.
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 30th April 2021
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.