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TD Ameritrade Clears 240,000 Stock Trades Per Day With Caché In 1975, TD Ameritrade started as a small brokerage firm in Omaha, Nebraska. It was a pioneer in helping the self-directed investor, being the very first brokerage firm to institute trading by touch-tone telephone. TD Ameritrade was also one of the first to offer Internet trading to individual investors – and its business took off. Today, TD Ameritrade is the largest online equity broker in the world. “Five or six years ago, we did approximately five-to-six-thousand trades a day,” says Jerry Bartlett, CIO at TD Ameritrade. “Now, with our acquisitions, we average about 240,000. We achieved that without major upgrades in infrastructure, which speaks to the scalability of Caché.” Bartlett goes on to explain that TD Ameritrade’s back office system “does all the heavy lifting,” by which he means processing and reconciling trades, and managing customer accounts. “Caché forms the foundation of our back office system, which is considered the heart of a financial organization. We have very high confidence that we can continue to add accounts, whether it’s 10,000 at once, 100,000 at once, or a million at once, without stressing the Caché infrastructure,” he says. Caché Case Study: TD Ameritrade “The key aspect of Caché in the TD Ameritrade environment has been its reliability, scalability, and the fact that it’s built for speed.” Jerry Bartlett, CIO High Performance Scalability Reliability
