IronOne Technologies - Millennium IT ESP Partnership Elevates ATrad to Become Sri Lanka’s First Cloud-Hosted Trading Platform

Left: Lakmini Wijesundara, the Founder/Executive Director - IronOne Technologies and Shevan Goonatilleke, CEO - Millennium IT ESP

ATrad is a name synonymous with stock trading and brokering in Sri Lanka, crafted as an online tool by IronOne Technologies to meet the online investing requirements of the Colombo Stock Exchange. Being the flagship product of IronOne Technologies, ATrad has been the trusted online investment partner for 20+ Stock Brokers in the Colombo Stock Exchange and they have been in the market for the last 17 years.

In a testament to their commitment to uplifting Sri Lanka's capital market through innovative technology, IronOne Technologies recently achieved a historic milestone by launching ATrad on AWS Cloud facilitated by Millennium IT ESP , making it Sri Lanka's first internationally cloud-hosted stock trading and brokering platform.

Millennium IT ESP, IronOne Technologies' trusted partner, enabled ATrad's cloud migration, marking a significant leap towards aligning Sri Lanka's stock market with global standards. This landmark partnership underscores Millennium IT ESP's proven expertise in Cloud Services among an array of services. MIT ESP is also an AWS Well-Architected Partner and the the only AWS Advanced Tier Services Partner in Sri Lanka, with a strong team of certified and trained technical individuals, with proven customer experience.

"Migrating to Amazon Cloud Services (AWS) marks a significant milestone for users of ATrad in the Sri Lankan capital market due to a number of reasons," says Indika Wasala, Director - Cloud Technology at Millennium IT ESP. "As opposed to hosting ATrad on in-house servers, AWS Cloud offers a long list of benefits, featuring scalability, enhanced performance, enhanced security, and cost efficiency at the top."

"Perhaps the most significant benefit that AWS Cloud offers to ATrad users is low latency networking. AWS is globally renowned for its low latency with high reliability and resilience when it comes to Stock Trading Systems. In financial markets, the speed of trade execution is critical for the success of trading strategies and overall profitability hence, it will enable users to access real-time market data fast enough to make informed decisions quickly and effectively respond to rapidly changing market conditions" says Charith Sankalpa, Associate Director Product & Delivery at IronOne Technologies.

Ms. Lakmini Wijesundara, the Founder/Executive Director of IronOne Technologies, remarked on the appointment of MIT ESP as the partner for ATrad cloud migration, "Leveraging cutting-edge technology demands a partner with unwavering expertise, and in our pursuit of excellence, the choice was clear. Millennium IT ESP's proven track and their commitment to innovation aligns seamlessly with our vision for ATrad's cloud migration. In MIT ESP, we have a reliable ally in navigating the complexities of the cloud, ensuring a seamless and successful transformation for ATrad."

"Being the connector between the global leader in cloud services, AWS, and one of Sri Lanka’s most reputed technology companies, IronOne Technologies, is a cherished achievement for Millennium IT ESP. It bears testament to unparalleled expertise we have acquired in cloud services with a global leader in the trade and the immense trust we have been fortunate to receive from a reputed Sri Lankan technology giant owing to that expertise," remarked Shevan Goonatilleke, CEO of Millennium IT ESP.

MIT ESP has been carrying the AWS flag proudly in Sri Lanka for many years now as their trusted partner in AWS Cloud Services in the country. Being one of the largest, and most renowned IT services providers in Sri Lanka, MIT ESP has an unblemished record for carrying out AWS services for clients in Sri Lanka as well as overseas. It was this trusted expertise of MIT ESP, along with AWS’ unparalleled offering, that ensured IronOne Technologies entrust ATrad cloud migration with MIT ESP.

MIT ESP Team and IronOne Technologies team with Ms. Lakmini Wijesundara, Founder/Ex. Director of IronOne Technologies and Shevan Goonetilleke CEO, MillenniumIT ESP