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HDFC Securities Launches Mobile Trading App HDFC SKY On AWS Cloud

Published on December 04, 2023
Current Context: HDFC Securities, one of India’s leading investment service providers, has launched its new mobile trading app, HDFC SKY, on Amazon Web Services (AWS) cloud on November 27, 2023.
HDFC Securities Launches Mobile Trading App HDFC SKY On AWS Cloud
  • With AWS as its preferred cloud provider, HDFC Securities is providing a secure, stable, and low-latency trading service for the growing number of tech-savvy retail investors who prefer mobile trading.
  • The app, HDFC SKY, which is built on AWS, gives investors access to the stock market at a scale of thousands of transactions per second.
  • HDFC SKY serves 75 million customers and all HDFC Group companies, investors, and traders globally on trading of shares, commodities, futures, currencies, Initial Public Offerings (IPOs), mutual funds, and Exchange-Traded Funds (ETFs).

Question:

Q.1 On which cloud service is the HDFC SKY app built?
a. Google Cloud
b. Microsoft Azure
c. IBM Cloud
d. Amazon Web Services (AWS)
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