Client: Benzinga is a prominent financial news and analysis firm based in Michigan, recognized for its innovative solutions that empower investors. Benzinga caters to Wall Street’s top traders and investors through its interactive products and high-quality content suite, providing valuable insights and actionable ideas to improve their investment and trading results.
Challenge: Benzinga’s intricate microservices architecture posed significant challenges in delivering high-performance data, maintaining intuitive user interfaces, and optimizing content management. The existing system needed a comprehensive upgrade to enhance UI functionality and streamline content processes. In a successful collaboration, Benzinga engaged SSI to address these complex requirements based on our extensive portfolio of delivering precision-targeted solutions in the financial technology sector.
Solution: SSI collaborated with the onshore team to enhance the platform’s durability, scalability, and user experience. Key improvements included a major upgrade to the Newsdesk CMS platform, leveraging the latest technologies and a solid architectural foundation. Over this multi-year engagement, SSI delivered several critical features within the agreed timeline:
- Optimized Content Management: Streamlined processes for greater efficiency.
- Enhanced Data Quality Measures: Implemented robust data integrity solutions.
- Advanced Financial Calendars Management: Improved handling and management of financial data.
- Intuitive and Robust User Interface: Designed a user-friendly and responsive interface.
These enhancements significantly boosted platform performance, improved operational efficiency, and reduced costs.
Result: The upgraded Newsdesk platform has transformed how financial data is managed and delivered. Financial analysts can now access critical information with near-instantaneous updates, resolving long-standing issues and optimizing workflows. The enhanced system has led to substantial improvements in platform performance, including faster data delivery, increased efficiency, and lower operational costs. These advancements have significantly expanded Benzinga’s user base and boosted revenue, reflecting the platform’s enhanced capability to support rapid, informed decision-making.
Tools and Technologies: ReactJS, TypeScript, Go, Python, Django, MongoDB, PostgreSQL, Kubernetes, AWS, GCP, AWS EKS, Terraform
