Case Study: Linedata achieves faster, scalable trading performance with Kurrent

How Event Sourcing is Spurring Linedata’s Digital Transformation

Linedata, a global financial technology company, faced challenges with its monolithic enterprise applications and traditional relational database, which resulted in slow time-to-market for new features, reduced efficiency, and an inability to quickly adapt to industry changes. Their goal was to undergo a digital transformation to gain better performance, scalability, and flexibility for their customers. To address this, they turned to the vendor Kurrent for its Event Store database technology, which enables an event-sourcing approach.

Kurrent implemented its Event Store platform as the foundational technology for Linedata's new event-driven architecture. This solution provided a high-performance, scalable database that stored an immutable sequence of events. The results were significant, with performance tests on new products showing a 70-80% improvement in speed compared to their existing solution. Kurrent's expertise and support enabled Linedata to successfully launch a new cloud-based trading application, allowing them to handle larger volumes, reduce risk, and gain a competitive edge in the asset management industry.

Linedata

Adrian Tovey

Global Director of Program Management