A Commodity Trading & Risk Management platform modernizes their legacy applications to modern web tech stack

Success Story

Client Context

UK based commodity trading and risk management provides trading, risk management and logistics software solutions to energy markets.

 

The Challenge

A trading firm was using a desktop application to trade commodities in the market. The application was built using an outdated tech stack and had a monolithic architecture, making it difficult to add new features and integrate with other systems. The application’s UI was also outdated, and traders found it challenging to use.

Client Product: Commodity Trading 

Industry: Financial Services

Goavega Service: Application Modernization

Our Approach

Goavega, an expert in building and transitioning applications with modern technology stack, designed a new architecture (Micro-Frontend) that leveraged modern technologies and ensured the application’s performance. Also designed a new UI that was intuitive, user-friendly, and aligned with the latest design trends.

Value Delivered

  • Improved performance, scalability, and reliability
  • New UI design was intuitive and user-friendly, making it easier for traders to use
  • Lower TCO due to the use of managed cloud-based infrastructure