Case Study: Exchange Speed Pty Ltd achieves real-time trading alerts with MySQL HeatWave on Oracle Cloud Infrastructure

Exchange Speed cuts database costs 5x with MySQL

Exchange Speed Pty Ltd, a fintech startup, needed a high-performance database to process millions of daily stock exchange trades in real time for its notification service. Their initial solution from Amazon RDS and Redshift lacked the necessary processing power, resulting in dropped trades and high costs that threatened their business model. They turned to vendor MySQL and implemented their MySQL HeatWave service on Oracle Cloud Infrastructure to meet this challenge.

By migrating to MySQL HeatWave, Exchange Speed gained a robust and scalable platform that eliminated dropped trades and significantly accelerated query times. This allowed them to send real-time alerts to subscribers. The solution also drastically reduced costs, as achieving comparable performance on Amazon would have been five times more expensive. The implementation by MySQL, supported by Oracle teams, was completed within a week and provided enhanced security and the foundation for future growth.

Exchange Speed Pty Ltd