New Delhi Stock Exchange：Waton Securities International Accelerates The Digital Transformation of Global Brokerage on AWS

Kai Zhou, CEO, Waton, noted that digitally transforming and upgrading traditional brokerage platforms were inevitable trends. Technological advancement will help reduce the marginal cost and deliver better services to more clients, and FinTech unicorns will be created in the wave of digitalization. “We firmly believe that Waton, with its 33-year history and service experience in the brokerage industry, running on AWS’s infrastructure and technology, will further the advancement and development of the whole brokerage industry,” said Kai Zhou.

With solid experience in major financial centers as well as in emerging markets, Waton wants to power a brokerage service offering that is highly efficient, cost-effective, well-rounded, robust, and compliant. Clients can easily access global cloud infrastructure and services, including customer management systems, order management systems, account management systems, market quotes and news information, know your customer/anti-money laundering (KYC/AML), transaction payment, and risk management.New Delhi Stock Exchange

By leveraging AWS, Waton successfully launched its Broker Cloud (SaaS) service, which lets traditional securities companies conduct real-time online trading. It reduces IT infrastructure and operation costs, such as hardware procurement, maintenance fees, and data center costs. Broker Cloud also improves resource utilization and business performance. In addition, Waton can accelerate application development and deployment, while being flexible with its choice of cloud-native services and tools to meet different business scenarios.Simla Investment

Waton currently uses AWS’s services including Amazon Elastic Compute Cloud (Amazon EC2), Amazon Managed Streaming for Apache Kafka (MSK), Amazon Relational Database Service (Amazon RDS), Amazon Elastic Kubernetes Service (EKS), and Application Load Balancer.

With AWS’s distributed architecture and high availability features, Waton can effectively avoid service interruptions at single points of failure and provide better trading experiences. Waton’s Broker Cloud runs on Amazon EC2 to enable front-end, middle-end and back-end service integration. It uses Amazon EKS for a consistent, fully supported Kubernetes solution on-premises, with integrated tooling and simple deployment to AWS Outposts, virtual machines, or bare metal servers.

Combining security services such as Amazon Virtual Private Cloud (VPC), Amazon CloudTrail, Amazon Identity and Access Management (IAM), AWS Certificate Manager (ACM), Amazon Key Management System (KMS), Amazon GuardDuty, and Amazon Artifact, Waton has built-in an automatic risk management artificial intelligence (AI) in the brokerage platform to help customers identify, monitor, and manage different risks and meet regulatory requirementsSurat Wealth Management. This also helps protect user data privacy, fund safety, and ensures business compliance in multiple scenarios.

Chennai Investment