Case Study: Broctagon grows its global user base by 300% with MongoDB Atlas

Broctagon grows user base by 300% with MongoDB Atlas

Broctagon, a global provider of multi-asset trading technology, faced scalability and innovation challenges with its previous mix of relational and open-source databases. Their FX CRM platform, AXIS, was hampered by performance issues and high management costs, which slowed their ability to launch new services and meet growing demand from brokers. To maintain high standards and support global expansion, they sought a new database solution.

Broctagon implemented MongoDB Atlas on AWS. The fully managed service provided the scalability and flexible data model needed to innovate rapidly, allowing them to build and launch a new proprietary trading solution in just three months. With MongoDB, Broctagon reduced database provisioning time from three days to 24 hours, achieved a 300% growth in its user base within a year, and improved query performance for brokers, cutting one critical query from 50 seconds to just two seconds.