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Financial Services
UAE
Enterprise/Public Sector
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"The partnership with Alibaba Cloud helped Matrix operate a secure and regulated global trading and clearing venue, optimize infrastructure costs, and successfully expand its operations in the UAE."
Basab Banerjee, CIO of Matrix
About Matrix
![](https://img.alicdn.com/tfs/TB1PJCLrwmTBuNjy1XbXXaMrVXa-10-12.png_.webp)
Challenge
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It was important for Matrix to adopt a multi-layered security strategy, resilient back-end infrastructure, and robust disaster recovery plan to maximize the performance and availability of its trading platform. Modernizing the platform infrastructure was also critical for Matrix to successfully run and expand its business operations in the UAE. From a security standpoint, the company wanted to invest in solutions like Anti-DDoS to safeguard its online trading venue from cyberattacks.
Why Alibaba Cloud
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The continuous guidance and enablement support received from Alibaba Cloud technical team made it easier for Matrix to successfully run and deploy their cloud-native solution in the Alibaba Cloud regional data center in the UAE. The best practices suggested by the Alibaba Cloud team for data storage and encryption also helped Matrix comply with the local financial regulations easily.
Architecture
![](https://img.alicdn.com/tfs/TB1PJCLrwmTBuNjy1XbXXaMrVXa-10-12.png_.webp)
Matrix also deployed a variety of cloud-based security products, such as Alibaba Cloud Anti-DDoS, Cloud Firewall, and Web Application Firewall (WAF), to bolster the overall security capabilities of its trading platform. Anti-DDoS combined with WAF helped Matrix safeguard their application server and data from malicious web requests, bot traffic, and Anti-DDoS and other types of advanced attacks while meeting the security O&M and compliance requirements. Furthermore, Matrix leveraged Cloud Enterprise Network (CEN) to eliminate cross-border connectivity issues and deliver a seamless trading experience to its platform users worldwide with real-time transaction settlement and zero-order delays.
Looking Forward
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Going forward, Matrix will continue to seek valuable support and guidance from Alibaba Cloud to further optimize the performance, resiliency, and security capabilities of its crypto trading solutions while ensuring compliance with local and international financial regulations.
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Snapshot
Matrix leveraged the Alibaba Cloud’s comprehensive suite of computing, storage, and network security solutions to host its global trading platform with high performance, resiliency, and scalability.
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