Recently, Huawei Cloud's official website officially released an eye-catching case - UPTX, the world's leading multi-asset trading platform, successfully achieved performance improvement, stability enhancement and cost optimization through cooperation with Huawei Cloud. This case not only demonstrates UPTX's outstanding performance in the global financial technology field, but also highlights Huawei Cloud's strong ability to support enterprise digital transformation.
The world's leading trading platform: UPTX
UPTX is a full-asset trading platform of UP GLOBAL, headquartered in the Cayman Islands. As a globally operating enterprise, UPTX covers more than 6,000 trading varieties such as stocks, foreign exchange, commodities and cryptocurrencies, and provides safe and professional trading services to millions of users from more than 160 countries around the world. The platform is known for its transparency and strict compliance with international regulatory standards, and is a leader in the field of financial transactions.
With the rapid growth of platform users and transaction scale, UPTX's requirements for platform performance are also constantly increasing. In this process, how to efficiently manage massive data, cope with high concurrent transaction requirements and ensure business continuity have become the core challenges that UPTX needs to solve.
The Dilemma of Rapid Development: Four Major Technical Challenges
1. Data management pressure increases sharply
With the influx of millions of users, traditional databases are unable to meet the demand in terms of capacity and processing speed, seriously affecting user experience and system stability.
2. High concurrent transaction requirements
In the face of growing transaction volumes, the platform must have extremely high scalability while ensuring real-time data transmission and smooth transactions.
3. Risks of cloud migration
During the migration of the platform to the cloud, any interruption may affect user transactions. How to ensure business continuity and system stability during the migration process has become a major problem.
4. Balance between globalization and localization services
UPTX users are distributed all over the world, and users in different regions have different service requirements. How to ensure service consistency while meeting local needs is a complex technical challenge.
Working with HUAWEI CLOUD: From Challenges to Solutions
Among the top cloud service providers in the world, UPTX finally chose Huawei Cloud as its strategic partner. Huawei Cloud provides UPTX with customized solutions through comprehensive cloud-native architecture and innovative technologies, fundamentally solving the core pain points of the platform.
1. GaussDB(For MySQL)
Huawei Cloud's cloud-native database GaussDB is fully compatible with the MySQL ecosystem, and its performance is 7 times faster than open source databases and 40% faster than similar products. It supports high concurrency and ultra-low latency, ensuring real-time and seamless execution of transactions.
2. Distributed Cache Service DCS
The DCS service, which is highly compatible with Redis, improves data access speed while ensuring uninterrupted business and provides stable cache support for the UPTX platform.
3. CCE Turbo Container Service
Huawei Cloud's CCE Turbo container service has the ability to quickly expand and can configure 4,000 container nodes within 30 seconds, easily handling high-concurrency transaction scenarios.
4. Full-stack flexible trading platform architecture
The full-stack cloud-native architecture built on ELB, CCE, DCS and GaussDB decouples business layers from applications to databases, achieving extremely high elasticity and scalability.
5. Global and local support
Huawei Cloud's global public cloud network not only covers major markets, but also provides tailor-made localized services for hot spots, ensuring that users can enjoy an efficient and stable transaction experience no matter where they are.
Remarkable results: a completely new UPTX
Through in-depth cooperation with Huawei Cloud, UPTX's technical and business capabilities have achieved a leap forward:
•Core component upgrade and optimization
The performance of key components such as Redis, database and RocketMQ has been greatly improved, supporting 200,000 queries per second (QPS) and 30,000 transactions per second (TPS).
• Ultra-low latency experience
When switching between master and slave, the database delay is reduced to 3-5 milliseconds, and the performance is improved by 7 times, ensuring the smoothness of user transactions.
• Elastic expansion and cost optimization
The platform expansion speed is shortened to seconds, and the overall cost is reduced by more than 30%.
• The entire migration took only 60 days
With the help of automated migration tools, UPTX completed a seamless cloud migration and went online in just 60 days, with smooth and uninterrupted operations.
• Efficient and simple operation and maintenance
The 24/7 fully covered cloud-native operation and maintenance system reduces UPTX's operational burden, allowing it to focus on business innovation.
Industry benchmark: from technology to future vision
As a world-leading multi-asset trading platform, UPTX, with the technical support of Huawei Cloud, not only solves the current core pain points, but also lays a solid foundation for future global expansion. This cooperation marks a successful example of the deep integration of financial technology and cloud computing technology, and provides experience that can be learned by other companies.
As Kelly Xu, co-founder of UPTX, said: "In the fierce competition of financial technology, only technological innovation and stability can truly serve the needs of global users. Huawei Cloud has injected new vitality into our business. In the future, we will continue to explore more possibilities of the cloud and drive the industry forward."
The success of UPTX is not only a reflection of its own technical strength, but also another milestone in Huawei Cloud's efforts to help enterprises achieve digital transformation. In the future global digital economy, such cooperation will undoubtedly lead more industries to new heights.
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