Case Study: a U.S.-based global trading firm boosts transaction reporting capacity with Toptal

U.S.-based Global Trading Firm scales reporting from 3 billion to 13 billion transactions with Toptal

The customer, a U.S.-based global trading firm, faced a challenge where its regulatory reporting system was at capacity and unable to handle increasing daily transactions, risking noncompliance. Toptal was engaged for its big data and application services to address this critical issue.

Toptal designed and implemented a new regulatory reporting system using Spark and Hadoop. This solution optimized data processing with PySpark, dramatically reducing the time to process late records from over 24 hours to just one hour. The new system increased the firm's daily transaction capacity from 3 billion to 13 billion, a change senior management recognized as a game changer for operations.

U.S.-based Global Trading Firm