Aquis picks QuestDB to power financial exchange Infra
By Gloria Methri
Aquis Exchange, an operator of pan-European equity trading exchanges, has chosen QuestDB’s open-source technology to monitor its institutional exchange in real-time.
The partnership enables Aquis Exchange to improve its monitoring and real-time decision-making capabilities with open-source software at the core of its infrastructure while reducing costs.
Aquis Exchange which is authorised and regulated by the UK Financial Conduct Authority and France’s Autorité des Marchés Financiers will use QuestDB’s technology to track infrastructure, business, and market data.
QuestDB allows to store, aggregate, and chart of all those metrics in real-time with high throughput ingestion and querying capabilities in SQL. The solutions persist exchange-scale time series data in bursts exceeding 1M tps while concurrently handling complex multi-user analytic queries.
Viet Lee, CTO at Aquis Exchange said, “Institutional-grade exchanges need to be fast, reliable, and fair – processing in nano/microseconds, being highly available, and delivering data consistently. QuestDB performs to this high standard while integrating seamlessly with our structured data, development capabilities, and microservices architecture. Whether for real-time analytics, reporting, pub/sub or ad-hoc testing, QuestDB has repeatedly established itself as a go-to Swiss Army Knife data management tool and is the database of choice for the Aquis Exchange next-generation service architecture.”
Nicolas Hourcard, CEO at QuestDB added, “This is a great example of QuestDB powering financial markets infrastructure through a database focused on performance. QuestDB allows high throughput ingestion coupled with sub-millisecond queries that can be executed in SQL. Aquis Exchange is a market-leading pan-European equity exchange with the fastest technology and QuestDB is an essential component to process infrastructure metrics and market data at scale.”
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January 16, 2024
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