Company
Date Published
Author
Angela Burk
Word count
475
Language
English
Hacker News points
None

Summary

The text highlights the success of Euronext, one of the world's largest stock exchanges, in implementing a new market infrastructure and event-driven trading platform, Optiq, using Confluent Platform at its core. This transformation was essential for Euronext, a company with roots dating back to 1602, to modernize its operations across multiple countries, ensuring reliable, real-time data access crucial for trading strategies. By leveraging Apache Kafka® through Confluent Platform, Euronext achieved a tenfold increase in message ingestion capacity and reduced latency to an average of 15 microseconds, significantly enhancing its market data handling and disaster recovery capabilities. The initiative has earned Euronext a finalist position as Customer Project of the Year in the 2019 Computing Technology Product Awards. Additionally, the text mentions the broader applications of Confluent's event streaming infrastructure in areas like predictive analytics and ad campaign optimization through generative AI.