Scalability for high availability
Saxo Bank has been on a journey of massive expansion in recent years, from organic growth in the client base, from partnerships and from the recent acquisition of BinckBank.
The market volatility caused by the COVID-19 pandemic in 2020, combined with a record number of clients, posed new challenges for the scalability of Saxo Bank's trading platforms. Saxo Bank has been on a journey to migrate the trading platforms to the cloud for a while; however, these new conditions made it clear that on-demand scalability was now a hard requirement and that the migration journey should be accelerated. In this way, our client’s platforms could stay cost-efficient while maintaining the high levels of availability and user experience that Saxo Bank customers expect.