Bullish Partners with Adaptive Financial Consulting to Enhance Trading Capacity
In a significant move to bolster its trading capabilities, Bullish has selected Adaptive Financial Consulting as its fintech partner. This collaboration aims to increase the digital asset exchange’s trading capacity and improve throughput, addressing the growing demand in the rapidly evolving financial landscape. The partnership is marked by a multi-year agreement that will see Bullish replace its existing messaging vendor technology with Adaptive’s Aeron Premium, alongside receiving essential support and professional services.
The Power of Aeron Premium
Aeron Premium is an enterprise-grade product developed by Adaptive, designed to complement the existing Aeron open-source technology. This advanced solution provides additional software components that enhance performance, security, and resilience—qualities that are especially crucial in cloud environments. As Bullish operates as a cloud-native exchange built on Google Cloud’s infrastructure, the integration of Aeron Premium is a strategic move to ensure robust performance and reliability.
Enhanced Throughput and Capacity
Since the implementation of Aeron Premium, Bullish has reported significant improvements in its exchange throughput and capacity. The new technology allows for a higher number of orders per second, which is vital for maintaining liquidity and ensuring that market participants have better access to trading opportunities. The reduction in order entry round-trip time is another critical benefit, enabling faster transactions and a more efficient trading experience.
Near-Zero Downtime and High Availability
One of the standout features of Bullish’s new setup is its near-zero downtime and high availability. The combination of Google Cloud infrastructure and Aeron’s resiliency model ensures that the exchange can operate continuously, 24/7, without interruptions. This configuration simplifies maintenance processes, enhances failover capabilities, and ultimately improves customer availability, which is essential for traders who rely on constant access to the market.
Advanced Security Features
In today’s digital landscape, security is paramount, and Bullish has taken significant steps to enhance its security posture with Aeron Premium. The technology includes advanced security features that encrypt data frames during transmission, ensuring that client order information remains protected throughout the entire order processing flow. This added layer of security is crucial for maintaining trust and confidence among users in the digital asset space.
Future Plans for Clustering and Resilience
Looking ahead, Bullish aims to leverage additional components of Aeron Premium to further enhance its infrastructure. The focus will be on clustering and resilience, which will enable the exchange to perform hot upgrades without downtime. This capability is particularly beneficial in a 24/7 market, as it significantly reduces the challenges associated with maintenance and system upgrades.
Insights from Bullish Leadership
Alan Fraser, Head of Platform Infrastructure at Bullish, shared insights into the complexities of this transition. He remarked, “Swapping out the messaging middleware within an active exchange is no mean feat.” Fraser emphasized the importance of the partnership with Adaptive, stating that their support services provided invaluable expertise that helped mitigate the risks associated with upgrading to a more scalable architecture. He noted the synergy between Bullish, Adaptive, and Google Cloud as a solid foundation for collaboration, aligning with Bullish’s cloud-native approach.
The Role of Adaptive Technology
Matt Barrett, CEO and co-founder of Adaptive, expressed enthusiasm about the role of Aeron technology in Bullish’s mission. He highlighted that Aeron is specifically designed to handle large data volumes with minimal latency, ensuring high availability around the clock. This capability is not only applicable in traditional on-premises environments but is particularly advantageous in public cloud settings, providing a robust backbone for Bullish’s trading operations.
Google Cloud’s Contribution
Aaron Walters, who oversees Exchange and Ecosystem Strategy at Google Cloud, underscored the significance of the collaboration between Google Cloud, Adaptive, and Bullish. He noted that the integration of Adaptive’s solutions through Google Cloud Marketplace has empowered Bullish to scale and innovate rapidly. This partnership exemplifies how cloud technology is transforming digital exchanges, enabling them to meet the evolving demands of the digital asset market effectively.
A New Era for Bullish
The partnership between Bullish and Adaptive Financial Consulting marks a pivotal moment in the evolution of digital asset exchanges. With enhanced trading capacity, improved security, and a commitment to continuous innovation, Bullish is well-positioned to meet the challenges of a dynamic market landscape. As the digital finance sector continues to grow, this collaboration sets a precedent for how technology can drive efficiency and security in trading operations.