FSB TECHNOLOGY TO SUPPLY PRIVATE CLOUD
Betting technology company partners with Rackspace to give clients scalability and regulatory peace of mind.
Online sports betting platform provider FSB Technology has teamed up with IT solutions company Rackspace to introduce its own private cloud ahead of the new football season.
FSB has begun supplying software solutions to larger operators who want to control their own data feeds and trading teams, and the deal with Rackspace will allow the supplier to launch private ring-fenced environments for these clients.
Typical clients for this service will include those who require a dedicated platform to support a large number of transactions, or those who want to offer bespoke pricing on specialist sports.
The private cloud will also enable FSB to add scale at very short notice during flagship events like the Grand National or Cheltenham Festival, and during regular weekly spikes such as big televised football matches.
The new service provides a stronger operational backbone through improved peak-traffic bandwidth, 24/7 hardware monitoring and operating system support, with engineers on site to replace any faulty hardware within minutes, a statement from FSB Monday explained.
Unlike those using the public cloud, FSB can also identify each piece of equipment used in its service and report the information to the UK Gambling Commission.
This allows the company to deliver the operational efficiency often associated with cloud-based hosting whilst still maintaining regulatory compliance requirements.
FSB co-founder and CEO, Dave McDowell, said in the launch statement:
“Our aim has always been to help our clients run the most efficient operations in the industry by using modern technology to reduce the manual labour required to run a sports betting operation.
“Another key benefit of moving to our new private cloud is that we can now significantly reduce the initial capital investment required for any company who requires their own dedicated platform solution.
“Both competition and regulatory costs are on the rise, however, and so it makes sense for our clients to make sure the product they offer is both secure and scalable while also being flexible and cost effective enough to move into new territories."
FSB recently enjoyed record revenues during Euro 2016, with turnover up 500 percent on the 2014 World Cup, when its in-house designed trading models allowed clients including Dafabet, Genting, and 21bet to significantly increase margins.