Rapid Addition Launches Next Gen Platform Technology for Electronic Trading

Rapid Addition balances the trade-offs between buy versus build with the launch of its next generation trading technology platform. RA Platform 3.0 takes performance, control and configurability to a new level and gives customers the flexibility to rapidly deploy and adapt electronic trading workflows.

The latest offering from Rapid Addition was designed in close collaboration with several leading financial institutions to provide a high-performance core electronic messaging platform that also gives firms the ability to incorporate their own unique value. RA Platform 3.0’s modular framework lets customers create their own business rules for risk, smart order routing and other critical trading processes.

RA Platform 3.0 supports both order- and quote-driven markets while remaining message protocol and asset class agnostic. It enables sell-side firms and asset managers to achieve a multi-asset, single-platform trading infrastructure efficiently.

‘Helping firms quickly adapt and thrive in a competitive environment is central to our philosophy’, says CEO Mike Powell. ‘Platform modernisation is on everyone’s agenda as electronification spreads to all asset classes. Firms struggle with the trade-offs between cost, time to market, and competitive differentiation when deciding whether to buy or build. Our aim is to provide the industry with a scalable foundation technology that takes care of common requirements, alongside a flexible framework that helps firms tailor services to meet the specific needs of their target clients.’

Electronic trading requires high performance both in terms of latency and throughput. RA Platform 3.0 utilises RA FIX engine for optimised low latency software performance. However, customers can also deploy it with proprietary FPGA technology for ultra-low latency in the most performance-sensitive use cases. By closely integrating software and hardware, the next generation trading technology platform provides an optimal blend of performance and control.

Through working with customers, we found that firms struggle with the cost and complexity of managing multi-location trading infrastructure. RA Platform simplifies implementation and monitoring with features that streamline roll-out, automate testing, and provide aggregated views of order flow. It also enables firms to monitor risk positions globally, improving oversight and operational efficiency across different trading environments. With deployment options on-premise, in the cloud, or hybrid, RA Platform helps firms manage costs and adapt their technology strategies.