Financial Technology

Building a High-Frequency Trading API: How a FinTech Innovator Scaled Securely with a Dedicated Node.js POD

Industry Financial Technology (FinTech)

  • Client Revenues

    $10B+ Client Revenues

  • Successful Years

    12+ Successful Years

  • IT Ninjas

    1000+ IT Ninjas

  • Successful Projects

    5000+ Projects

Client's Testimonial

The Developers.dev team was more than a vendor; they were our architectural partners. Their Node.js experts not only built the system but also helped us design a future-proof microservices architecture. Our platform is now faster, more stable, and infinitely more scalable. We couldn't have done it without them.

Client Executive

Mark Davis, CTO

Client Overview

A US-based FinTech company with a $15M ARR, providing data analytics and trading tools to investment firms. They were struggling with a monolithic PHP application that couldn't handle the increasing volume of real-time market data, leading to latency issues and customer complaints. They needed to re-architect their back-end to be faster, more scalable, and highly secure to serve their growing enterprise client base.

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Problem

Problem

The client's existing platform could not process more than 500 concurrent API requests, causing significant delays during peak market hours. This performance bottleneck was preventing them from onboarding larger institutional clients and was causing churn among existing users.

Key Challenges

key challenge

Scalability: The legacy system could not scale horizontally to meet demand.

The legacy system could not scale horizontally to meet demand.

key challenge

Performance: High latency in data processing was making their analytics tools unreliable.

High latency in data processing was making their analytics tools unreliable.

key challenge

Security: The existing platform lacked the robust security protocols required by enterprise financial institutions.

The existing platform lacked the robust security protocols required by enterprise financial institutions.

key challenge

Time-to-Market: They needed to launch the new platform within six months to avoid losing key customers.

They needed to launch the new platform within six months to avoid losing key customers.

AR/VR Experience Pod Solution

Our Solution

Developers.dev assembled a dedicated Node.js POD consisting of two senior Node.js developers, a DevOps engineer, and a QA specialist. We proposed a phased migration to a new, event-driven microservices architecture built entirely on Node.js and hosted on AWS.

🧩 Architectural Design:

We designed a decoupled system where different services (e.g., data ingestion, user authentication, analytics engine) could operate and scale independently.

💻 Technology Stack:

We chose Nest.js for its structured and scalable approach to building APIs, RabbitMQ for reliable inter-service communication, and PostgreSQL for its robust data integrity.

⚡ Real-Time Data Processing:

We leveraged Node.js's non-blocking I/O and WebSockets to create a real-time data pipeline that could handle thousands of concurrent connections with sub-second latency.

🛡️ Enhanced Security:

We implemented JWT for stateless authentication, encrypted all data in transit and at rest, and configured a WAF to protect against common threats.

Implementation and Execution

Implementation and Execution

We began with a 2-week discovery sprint to finalize the architecture and roadmap.

We began with a 2-week discovery sprint to finalize the architecture and roadmap.

Implementation and Execution

The team operated in 2-week Agile sprints, with daily stand-ups and bi-weekly demos.

The team operated in 2-week Agile sprints, with daily stand-ups and bi-weekly demos.

Implementation and Execution

A CI/CD pipeline was established using GitHub Actions for automated testing and deployment.

A CI/CD pipeline was established using GitHub Actions for automated testing and deployment.

Implementation and Execution

The DevOps engineer used Terraform to provision a scalable and secure AWS environment.

The DevOps engineer used Terraform to provision a scalable and secure AWS environment.

Implementation and Execution

We first migrated the highest-impact service-the data ingestion API-to show immediate value.

We first migrated the highest-impact service-the data ingestion API-to show immediate value.

Implementation and Execution

The entire migration was completed in five months, one month ahead of schedule.

The entire migration was completed in five months, one month ahead of schedule.

Positive Outcome

📈 5x Performance Increase:

The new platform now handles over 2,500 concurrent requests with an average response time under 100ms.

✅ Zero Downtime:

The microservices architecture has resulted in 99.99% uptime since launch.

🏢 Enterprise-Ready:

The enhanced security and performance allowed the client to successfully onboard three major institutional clients within two months of launch.

💰 Reduced Costs:

The efficient, serverless components of the architecture reduced their monthly infrastructure spend by 20%.

Positive Outcome: Increased Revenue and Utilization

Why Choose Us

🏦 FinTech Expertise:

We understood the unique demands of the financial industry.

🌐 Microservices Mastery:

Our team had deep experience in designing and building complex distributed systems.

🔒 Security First:

Our SOC 2 compliance was a key factor in building trust.

🤝 Dedicated POD Model:

The client had a stable, focused team for the project's duration.

☁️ DevOps Integration:

We provided end-to-end service, from code to cloud.

🏃‍♂️ Agile Process:

Our iterative approach ensured the project stayed on track and aligned with business goals.

🗣️ Transparent Communication:

The client had full visibility into our progress at all times.

🌱 Scalable Talent:

We provided a team that could grow with their needs.

💯 Proven Results:

We delivered a tangible business outcome, not just lines of code.

Conclusion

By partnering with Developers.dev, the client transformed their technological capabilities, enabling them to compete and win in the high-stakes FinTech market. The project was a testament to how a strategic partnership, combined with deep technical expertise in Node.js, can drive significant business growth.