LIBERTEX
Libertex is pushing a cloud-first , big data strategy underpinned by security and agile transformation
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F ounded in Russia , Libertex Group ( formerly Forex Club ), was originally established as an academy to teach people how to trade in Forex . The originators decided to create their own trading platform and take a lead in the market . Five years ago , amid growing instability and regulatory issues in the Russian market , international expansion began in Latin America . Three months later , activating a licence the company held with a Cyprus regulator , Libertex made the move into Europe . During the journey from single market operator to international trading platform provider Chief Information Officer Grant Brett has led the transformation at Libertex .
“ Five years ago , it took us a quarter to achieve a delivery cycle , but now we ’ re delivering every day ,” says Brett . “ We ’ ve gone through big changes of our culture , technologies and work practices to realise that .” That change of culture began with the IT strategy Brett implemented as part of a three-year plan that focused on cloud first . “ We looked at the five stages of our maturity : Level One being Ad hoc . Level Two , Repeatable . Level Three , Defined . Level Four , Measured , Level Five , Optimised ,” explains Brett . “ We discovered we were quite low in the scale , and that a company with 20-year-old legacy
DECEMBER 2019