Industry Challenges
The Trading industry continues to be pressured by effects from the global economic slowdown, resulting in trading firms tackling declining customer orders and slimmer profit margins. Thus, a key goal is to minimize operational expenditures in the face of shrinking revenues. At the same time, trading firms are seeking ways to evolve their business models, expanding through digital platforms to gain a competitive edge by reducing reliance on traditional sales channels, while boosting customer acquisition and revenue generation. Major initiatives underway include the production of innovative new digital products such as mobile apps and enhanced cloud services, all to compress time-to-market and accelerate the sales cycle.
How CITIC Telecom CPC can help
Leveraging cloud platforms is the clear choice in minimizing IT cost and complexity. By migrating to CITIC Telecom CPC’s SmartCLOUD™ Compute solution, Trading firms can eliminate CAPEX and substantially minimize OPEX, freeing up not only funds but also staff time to focus on other more relevant and profitable tasks such as product innovations that contribute to business growth, with faster time-to-market. SmartCLOUD™ Compute is a highly scalable cloud computing platform, delivering robust, high performance service without initial equipment investment or ongoing maintenance. Trading firms can develop and deploy customized trading and other enterprise applications on SmartCLOUD™ Compute, with the flexibility to scale up and down to exactly meet seasonal or unexpected customer demand, without the concerns of under capacity, or expensive and wasteful overcapacity.
For trading firms that reach out to other markets, such as expanding business operations to Mainland China or worldwide, CITIC Telecom CPC offers world-class infrastructure that can help enterprises quickly establish a regional or global footprint. CITIC Telecom CPC’s state of the art TrueCONNECT™ platform is a powerful private network solution which delivers high speed, high security and high cost-effectiveness, with 24x7 network monitoring to ensure steady and reliable network connection among branch offices.
To protect trading firms from the damage and disruption of today’s complex and adaptive cyberattacks, CITIC Telecom CPC’s TrustCSI™ Managed Security Services can handle varied threats with world-class security protection. TrustCSI™ completely protected all of CITIC Telecom CPC’s security customers from the WannaCry attack, stopping 225,000 attack attempts during the 48 hours while WannaCry damaged other business systems around the world.
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