adesso: Transforming financial services with real-time data streaming
- Role
- IT service provider
- Industry
- Financial Services
- Location
- Germany
- Goal
- Stream market data on client banks' websites
Products used
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Scalability
100,000+ concurrent clients
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Event rate
2 million events per second
With a team of more than 9,900 employees across over 60 sites, adesso Group stands as one of Europe’s leading IT service providers. Their Banking and Financial Services business line, trusted by over 80 banks in Germany, relies on Lightstreamer as the push technology engine for delivering real-time stock prices on their customers’ websites. These websites, primarily developed in-house and hosted on adesso’s data centers, connect to the Lightstreamer server, which interfaces via data adapters with adesso’s real-time infrastructure.
Real-time price streaming
adesso supports numerous clients in the financial services industry, utilizing Lightstreamer across multiple websites, with some clients running up to 20 separate instances for different countries.
Globally, 15 of the largest financial institutions trust adesso with their technological stack management.
Each client website features multiple financial instruments, with real-time price updates pushed to users. Every user on these websites is connected to a Lightstreamer server, receiving real-time updates for the world’s major commodity and currency indices.
On average, adesso has 25,000-30,000 clients connected, and at peak times we serve up to 80,000-100,000 concurrent clients. In the German market, we manage 6 million financial instruments, providing push updates at a rate of 500,000 to 600,000 per second. During peak periods, adesso’s infrastructure handles up to 2 million updates per second, with each quote being published to the Lightstreamer adapters, ready to be pushed to clients.
Roland Prosek
Senior Manager, adesso SELightstreamer for mission-critical reliability
The primary goal of adesso’s websites is to present financial instrument information for compliance and regulatory purposes. Financial companies must display this information to their customers due to legal requirements. Additionally, stock market clients seek websites with the best features and most relevant complementary information. Since the late 2000s, adesso has used Lightstreamer to push updated prices online. This technology is mission-critical yet also enhances website functionality. Some small companies initially use simple websites with delayed prices or manual updates, later upgrading to push technology to provide real-time updates without requiring page refreshes.
Flexible technology
adesso leverages Lightstreamer to stream live data through the web, updating visible data for customers in real-time for prices, charts, and news. Lightstreamer integrates seamlessly with adesso’s backend technologies and provides SDKs for several server-side frameworks, enabling modern frontend frameworks to receive streaming data. The Lightstreamer JavaScript client library works effortlessly with various client-side technologies, including native mobile apps.
What’s next
adesso plans to continue using Lightstreamer as their streaming technology of choice for upcoming projects, ensuring their clients benefit from the best real-time data solutions available.