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Since our last post, the markets have experienced a run-up of nearly 20% on the hopes that central banks won’t crush the economy. This begs the question as to whether the recent stock market’s recover...
What’s the one thing that separates top managers from the contenders?
Great decision-making
Some say it’s an art, some say it’s a science. However, one thing we can all agree on, gre...
While the regulatory agenda has dominated operations and technology spend ever since the 2008 crash, emerging technologies aimed at automation, rationalization and simplification have changed the end-...
Does this calculation ring a bell with you? Then there’s a good chance you either have children in elementary school or you’re aware of an important milestone toward quantum computing. It was the firs...
Luxoft's Vice President of Banking Eric Purdum discusses common core banking transformation challenges and how to avoid them.
Hard on the heels of the global pandemic, 2022 has been a volatile year for investors across the board, with no sign of market stability on the horizon, just the daunting prospect of stagflation. <...
In 2016, Luxoft accepted the challenge of building a world-class Murex community of practice (CoP). Today, after practically doubling the size of the team each year and onboarding our 1,000th Murex pr...
In software delivery, value addition occurs when an IT vendor goes beyond contractual obligations to provide additional business benefit.
Value addition should be the bedrock of IT vendor c...
In his conference speech, Paul Hewitt explores the topic of Dataiku for business, including how to implement the client journey and ensure commercially viable AI within your enterprise.
The financial services industry is approaching a major crossroads.
What it does next — how firms provide products and services to consumers — is critical, because many customers are now dem...
Regulatory compliance is a key function for financial institutions. It is also a huge burden in terms of time, data management, systems resources, manual intervention and reporting. As financial firms...
Quick question: How many capital markets firms have embraced cloud for regulatory reporting, do you think?
In a recent survey, the European Banking Authority (EBA) reported that around 43% ...
What is the purpose and objective of testing?
Before performing any testing activities, it’s critical to understand the major aspects of testing. Sometimes a set of test activities fails to ...
Financial institutions have always been fundamentally reliant upon data and accurate record keeping. In this closing keynote of the Data Management Summit USA 2021, DXC Luxoft’s Director and Practice ...
Should financial firms outsource their operational work #AsAService? Matthew Hargreaves, our #CapitalMarkets solution lead, agrees and says they should focus on what differentiates them. Watch his ke...
Keynote: Addressing the legacy
Software developers’ commitment to prescribed quality processes and standards has always been incredibly important.
However, commitment doesn’t come easily, particularly when modern agile w...
Open banking is the digital initiation of payments and sharing of financial information, based on expressed customer consent.
As simple as this sounds, it represents a fundamental shift in ...
Ukraine is one of the largest and fastest-growing IT labor markets in Eastern Europe. Its 300,000-strong ICT resource pool is a significant contributor to the country’s economic performance — the valu...
Traditional banks need to digitalize and automate continuously to compete with their faster, more agile digital challengers.
Without the considerable handicap of legacy technology, digital b...
Low code is becoming increasingly popular as a fast and effective alternative to traditional software development tools. As the name implies, it requires little or no coding to build applications and ...
We’re living through the rarest of things; a period of rapid change in the industry with a glacial history.
Advances in technology, AI and machine learning have made it possible to set about...
As relentless waves of change remodel the competitive business world, modernization initiatives have become the primary driver of technology investment and spend across the banking and financial servi...
A few words in the right place can completely change the outcome of a project.
The relatively young professional discipline of UX writing has been gaining popularity on the web recently, and...
Software delivery management is a multidisciplinary framework which enables mature delivery by IT vendors to client organizations.
Thinking of migrating data to the cloud?
Then one of your biggest challenges will be data security. Even though cloud providers have made great strides in the improvement of authentication, ...
Every bank faces fundamental business challenges concerning the performance of its core IT platform; challenges which probe interrelated issues such as efficiency, security and customer expectations.&...
Perpetual KYC (pKYC) is a smarter version of the standard KYC.
It takes a proactive approach by creating a digital profile of a customer and dynamically refreshing its associated data in res...
The long–term economic viability of many buy- and sell- side capital markets participants is far from certain. With the cost-cutting strategies of the last decade succumbing to the law of diminishing ...
The promising notion of a fully decentralized and highly optimized market achieved through digital trading and settlement, acts as a beacon of change for the financial services industry.
In ...
Times are changing. The insurance sector is expanding its digital footprint. Industry leaders can’t escape the fact that now there’s a much bigger need for analytics and a far greater need for automat...
Acquiring, managing and using data is central to the insurance business, because risk and customer models drive everything from evaluating market needs and calculating risk, to detecting fraudulent cl...
The value of testing is often underestimated, not understood, or mostly an afterthought, but it can be the difference between success and failure.
We’re all focused on innovations and develo...
Imagine looking at your organization through the lens of a camera. If you are an IT leader, the tools and technology may look sharp and defined, while the people in the foreground using those products...
The insurance world is always on the move.
Risk models become outdated shortly after they’re created. Some age faster, some slower, but they all end up disconnected from reality eventually.&...
It will come as no surprise to hear that CEOs and CIOs receive masses of promotional material covering the latest and greatest developments in technology.
Some items explore things like how ...
More and more organizations are enriching the employee experience to improve business processes and maximize productivity.
How? By partnering with experts who can help them place employees a...
A holistic experience (including expert guidance and 24/7 support) will be a baseline requirement for consumers in the coming years. That means firms and wealth managers will need to demonstrate whole...
An organization’s engagement with their IT vendors in a managed delivery model increases delivery ownership and risk levels. The client benefits from things like the freeing-up of in-house expertise f...
Like all industries, the financial services industry started simply. But today, it's an incredibly complicated industry. We work with complex financial instruments. We have sophisticated risk manageme...
If goals and project vision get conflated, team buy-in becomes difficult. A vision which aligns teams toward success, often results in faster adoption rates and provides teams with a clear direction w...
The treasury and operational functions of financial services organizations need to have the right infrastructure in place to make sure money moves around as efficiently as possible, to support their v...
Electromobility is the future of the automotive industry. A future defined by new technologies, new targets, new functions and… a new language. In fact, language in automotive is entering a new era: T...
The financial services industry has always relied on data and accurate record-keeping. In this article (based on my Data Management Summit keynote), I'm going to look at the latest data trends and how...
An exact data science that is.
Why? To take advantage of the proliferation of data and new data channels. And because heavy dependency on the art of manual fraud detection calls for a level o...
Like most of the financial services industry, your organization commissions a wealth of software delivery services from IT partners.
Your perception of the maturity (value) of each software d...
Data privacy and security are inherent risks when you embark on a cloud migration.
Moving RegTech (regulatory technology) to the cloud is no exception. Nuanced, cloud-based solutions invariab...
Following our recent webinar — hosted jointly by Luxoft and Finastra — we intend to explore how the cloudification of treasury is driving digital transformation, reducing cost and accelerating innovat...
Increasingly, the service-oriented business model is helping banks become more agile and efficient.
They rely on three key approaches: Infrastructure-as-a-Service (IaaS), Platform-as-a-Servi...
The Banking and Capital Markets approach to software quality needs a major overhaul to bring it in line with today’s enterprise-wide Agile practices.
And that means doubling down on a new set...
When people start listing innovations that will change the world, self-driving cars almost always get mentioned. As such, these vehicles are of key interest to car makers. In addition, this new techno...
What do you need to consider before engaging in a modernization project? Should the approach be business-run or IT-led? What makes modernization attempts fail? What strategies are there, and which are...
What is, and why do we need, data lineage?
In words of one syllable (almost), it shows how data flows through systems from start to finish. As we become a more connected world exchanging hug...
Today, all new development is cloud-native, cloud-first. It may be bold, but I suspect that by the end of 2022 the only things we see left on-premise are run-to-kill applications. With the move to clo...
Currently, automotive OEM assembly plants are in a major transition process, shifting to the production of electrified vehicles. This moment calls for large scale investments and presents a great chan...
Knowledge management is a bit of a sticking point across the financial services industry.
Despite modern management solutions, it has remained a major challenge for decades. This is because o...
Customer requirements are changing rapidly in line with recent world events.
Not surprisingly, the banking industry is having to move swiftly to keep pace; no longer is it enough to keep play...
I believe that over the next decade, survival for many buy- and sell-side firms hinges on making strategic bets in two main areas. These bets also form the basis of what it takes for these firms and t...
For a decade now, the capital markets industry has been under growing pressure from revenue unpredictability, decreasing profitability and increasing regulations. Combined with the shift to lower-marg...
In light of the structural challenges confronting many financial institutions, operational needs go beyond mere simplification, no matter how radical. It’s about questioning and redesigning the core o...
The financial services industry is emerging from a decade of adjusting to the realities of life after the 2008–2010 financial crisis and the ensuing regulatory initiatives. As it does so, buy- and s...
Adverse market conditions and rising costs are reducing investment banks’ profitability. And due to the complexity of their systems, some banks spend more on running legacy applications than the same ...
Having been invited to speak at the Trading Tech Summit Virtual 2021, I asked my remote audience the following question: “How fast can you bring a new financial product to market?”We’ll get to that in...
When pressed, more enlightened decision-makers say they regard technology as a business and innovation partner. But all too often, the technology division is seen as one dimensional; simply accountabl...
Virtual assistant services have come on leaps and bounds since the turn of the millennium. You can find smart speakers in almost every home in the Western world. In fact, most of us carry virtual assi...
Autonomous Driving (AD) functions and Advanced Driver Assistance Systems (ADAS) perceive traffic and the environment using cameras, lidar (Light Detection and Ranging), and radar sensors. Any defects ...
Faced with costs of equity that exceed their return, regulations that narrow margins, and competition from flexible, diversified companies, financial institutions must look for options of digital inno...
Find the best developers for your particular needs.
Organizations that once shunned working from home and insisted on having their IT specialists onsite, have realized the many advantages o...
Imagine yourself in the day-to-day chaos of life with a modern family; both parents working, two children going to school or daycare and participating in at least two extra-curricular activities. Runn...
I believe we’re witnessing the dawn of a remarkable new era.
Ever since the development of the first steam-powered automobile, vehicles have been all about the hardware. But the development o...
New rules regarding the use of artificial intelligence (AI) will affect how financial institutions operate. The changes will come into effect in 2024, but the time to act is now. Many of the stipulati...
We’ve all heard of Platform as a Service (PaaS), but what about Integration Platform as a Service (iPaaS)? When should we use it? And what makes it better? While transforming and expanding, many organ...
Micro front-ends apply the principles of microservices to the front-end. Unlike a single page application, this approach promotes agility and scalability, allowing the project team to deploy autonomou...
Now more than ever, a company lives or dies on the quality and credibility of the experiences they provide for their customers. As purveyors of digital experiences, we must place ourselves firmly and ...
A growing number of digital commentators seem to believe that the word “bank” is synonymous with “IT museum.”
Harsh? Not surprising though, when you consider that the financial sector (in ke...
Marc Prenskey’s got a lot to answer for.
Apparently, his phrase, “Digi...
I think it’s safe to say that 2020 has been a tough year all round.
Business-wise, organizations have had to adapt, rapidly, to the new world of wholesale remote working. And with disparate ...
Following this year’s extraordinary events, our retail bank partners have been asking to rapidly implement contactless solutions that minimize touch points for customers. Current circumstances aside, ...
When it comes to the implementation and maintenance of core banking systems, two classic architectures appear to be competing with one another in various ways – monolith versus microservice, robust ve...
Driving innovation by tackling growing infrastructure complexity
Proving product readiness and finding issues in an SDN or NFV network solution is a bit like looking for a bent needle in a fi...
Driving innovation by tackling growing infrastructure complexity
Organizations with fully virtualized and automated software testing solutions (supported by products like SDL) benefit from m...
Smart manufacturing is the use of digitization and connectivity to increase quality, service levels and/or operational efficiency. Industry 4.0 (often referred to as the Industrial Internet of Things&...
What if you could deliver quality products and reduce time to market? Or how about increasing employee engagement while improving team productivity?
Adopting an Agile approach to working bri...
CES 2020 is over, and we've collected all of the highlights from the world's biggest tech show below so you can see what Luxoft announced during the show.
With the theme "Experience the...
For the past three years I’ve been leading Luxoft’s blockchain practice in the US. Our team has completed dozens of blockchain PoCs and pilot projects with enterprise clients in finance, healthcare, e...
The media and entertainment sector is experiencing an unprecedented wave of technological advancements that continue to disrupt and advance the industry. This situation is highlighted by recent acquis...
Blockchain is an exciting emerging technology that traverses across industries. Listen to Anthony Welfare, Managing Director of the Blockchain Practice at Luxoft, as he discusses how companies are app...
Last year, Luxoft was voted as Mexico’s best mid-sized multinational company to work for. This year, The Great Place to Work Institute again recognized Luxoft Mexico as one of the top 10 companies to ...
At Luxoft, we are honored that webOS Auto has been named as a finalist for the TU-Automotive Award for Best Mobility Product/Service.webOS Auto is an open and ideal platform for smart, connected and s...
This year, one thing was clear: unquestionably, CES 2019 was about customer experiences in smart, connected and shared mobility. Shared mobility turns our relationship with vehicles upside down. Ownin...
Pradnesh Nalawade is a Consultant working at Excelian Luxoft Financial Services. He joined Excelian as a result of the acquisition of derivIT. He specializes in Datamart Reporting. Pradnesh was recent...
Imagine a world where all your mobility needs are conveniently accessed through an app on your smartphone and delivered by autonomous vehicles…with zero emissions, zero ownership and zero accidents.Th...
The world of healthcare is changing – and we’re ready for it.Appian, a leading low-code and business process management (BPM) platform provider, is now working in a global partnership with Luxoft to d...
Guess what? You don’t have to own a vehicle anymore, and soon you won’t need to drive one.We’re experiencing a monumental shift that will change the way we view on-road transportation. The term “mobil...
How is the automotive industry responding to digitalization?Where we last left off, we began talking about the strengths of open source in the automotive industry, and why it’s so important for OEMs t...
As the automotive industry speeds forward, OEMs are realizing at an increasing rate how important it is to keep up with the digital wave. Switching to user-centric designs with a human-machine interfa...
Thanks for tuning in to Luxoft’s newest issue of Tech Spark, the Data Issue! With our Tech Spark podcast series, you can listen to great insights no matter where you are! Your time is precious to us, ...
Have you ever considered car manufacturers able to become software companies?The modern automotive industry is undergoing a sea change. As the famous quote by Marc Andreessen goes, “Software is eating...
We all know that technology is evolving at a rapid rate, and it’s changing the way we live, work and play. Listen to Terry Blanck from our CTO office discuss disruptive technologies that are sure to h...
Think about the various futuristic cars that companies are rolling out today. They deliver stunning user experiences that just a decade ago we could’ve only dreamed of. However, with increased complex...
Imagine how banking could change in just a few years. Will we be greeted by robots when we walk through the door? Will banking establishments even still exist? Or will we be doing everything from our ...
Have you ever wondered why well-known blockchain systems seem to be more reliable than others?If we consider some of the oldest and most popular blockchain networks, such as Bitcoin or Ethereum, most ...
“Function, emotion and perfect attention to detail are the key ingredients to a user-friendly UI design.”-Isabell Seeger, Lead Designer of UX Automotive, LuxoftWhen’s the last time you checked your em...
The final episode in the Healthcare podcast series focuses on which technologies can be used to improve the experience of the patient and enhance preventative care. Join Sam Mantle, Director of Health...
Digital is transforming the risk and regulatory landscape. Are you applying new technologies across your organisation to help to reduce risk? Join experts Stefan Negrila, Global Head of the Regulator ...
The second episode in the series focuses on which technologies can be applied in order to transform the workforce environment in the Healthcare & Life Sciences industry. Join Sam Mantle, Director of D...
Join experts Stefan Negrila, Global Head of the Regulatory Practice at Excelian and Archit Mishra, Senior Analyst at Everest Group as they explore the regulatory landscape and discuss how to survive t...
The automotive industry is changing, fast. The adjustment from driver to passenger is pushing car manufacturers to alter their focus from pure mechanics to user experience – emphasizing the comfort of...
Join Sam Mantle, Managing Director Digital Enterprise and Rich Pilling, Director of Luxoft Digital as they discuss where the Healthcare & Life Sciences industry currently is on its digital transformat...
The revolution is here, and the demand for energy is not decreasing - requiring a way to easily meet that demand. Imagine if you could share energy with your neighbor - and even get paid for it! Learn...
Heads up, automotive manufacturers! The development of the future car is increasing speed – and you need to be ready for the impact. As digitalization increases to adapt to customer demand, you must a...
There is a lot of confusion in the market in defining what “digital” means. Where does the digital journey start? How does the business-outcome-based model work in the current environment? Listen to t...
33% of planned activities within the Energy industry are not completed, losing billions of dollars a year - and it's time to change. Join Luxoft's Patrick Corcoran, Director, External Relations, Dmitr...
Energy - the oldest industry in the world. Could you imagine a world with no energy to power your phone or home? Join Luxoft's Patrick Corcoran, Director, External Relations, Dmitry Vilchinsky, Direct...
Are you ready to face the automotive revolution? It’s time to change gears – because the auto industry is rolling into a disruptive change that shakes its very foundation. Key Human-Machine Interface...
Our relationship with our cars is changing fast and comprehensively. Emerging driver assistance functions, in-vehicle infotainment and mobility services, as well as driver-to-car and car-to-infrastruc...
When it comes to how we use vehicles, we’re fast approaching a fork in the road: a big, digital-society-sized diversion caused by changing consumer expectations for highly personalized, intuitive, and...
Luxoft has established itself as a leader in delivering complex IT solutions that go beyond client expectations. This is possible thanks to the perfect match of growing nearshoring capabilities, next-...
Digital transformation is becoming a bit of a cliché in many circles. Change happens. And often it’s digital, there or thereabouts, but it’s hardly heart-stopping or revolutionary.But, when it comes t...
Did you know? Computers have eyes, too.While still an emerging technology, computer vision is shaking up industries in new, innovative ways. It aids adopters in anything from making movies to monitori...
In recent years, technological advancements through the Internet of Things (IoT) have opened doors to new, smart ways to do sports. We can drastically improve the way we practice and play, even compet...
LUI AR – A necessary humanlike driving companion that’s reliable, honest and transparentThe autonomous vision is more prevalent in the automotive industry now more than ever, and is continuing to move...
We are pleased to present 'Blockchain: The Luxoft Perspective', the find episode in the series of Blockchain podcasts from Luxoft. In this podcast two of our Blockchain experts - James Bowkett, Blockc...
We are pleased to present ‘Why should business leaders care about Blockchain?’, the second episode in a series of Blockchain podcasts from Luxoft. In this podcast two of our Blockchain experts - James...
We are pleased to present ‘The Fundamentals of Blockchain’, the first in a series of Blockchain podcasts from Luxoft. In this podcast two of our Blockchain experts - James Bowkett, Blockchain lead, an...
A growing part of the overall enjoyment of the driving experience comes from how smoothly a driver is able to control and interact with the in-vehicle infotainment (IVI) system. Drivers intuitively wa...
With discussion around the subject of automated driving gathering pace, the development of Advanced Driver Assistance Systems (ADAS) looks set to become the ‘next big thing’ in automotive electronics...
Luxoft’s recent visit to National Retail Foundation (NRF) “Retail’s Big Show” event in New York City showed that the buzz about new technologies and innovations in Retail is as strong as ever. What’s...
A new methodology called Progressive Web Application is here. It promises to help bridge the gap between performance of Web and Native Apps, and may finally provide the solution for building fast and ...
According to the Theory of Needs by David McClelland, there are three main drivers for motivation: a need for achievement, need for affiliation and need for power. Let’s see what these needs are about...
DevOps (Development and Operations) is a movement that became a hot topic in Software Development world and media (from big news outlets to niche publications). How did it all start and evolved? What ...
Listen to the exciting Interview on RadioVoice of America, Breaking Bank$ Show.
Once upon a time I had to work with a project team that was supposed to use Scrum. The very first thing I discovered was their motivation, or rather their lack of it. Some developers left the project ...
For some time now I’ve been a part of the scrum.org organization, which provides high-quality Scrum education and helps development teams and customers to maximize value by using the Scrum framework. ...
As you know, in Agile it is very important to inspect and adopt your process, and metrics can give you the necessary information to track your way and approach to the necessary destination. There not ...
What were the main trends in Information Security in 2015? What to expect from 2016? How can Luxoft help you protect personal and company data? Learn the answers from the new Luxoft Podcast episode.
If we look at the storming team, we think things are falling apart because the team is no longer getting along as they used to, but rather disagreeing on both petty and important issues. Meetings are ...
Does the customer want to get project estimates quickly and with minimal investment in writing detailed requirements? We ask for rough estimates almost everywhere – when we order custom furniture, whe...
One day you find out that you have to start a new team. It’s exciting, because you have a chance to begin from scratch and make a fresh start. However, it is not as easy as it looks.According to Bruce...
In the first part of this article you learned some specific terminology including: Sprint, Scrum Master, Product Owner, Definition of Done, and so on. This terminology is related to the Scrum framewor...
Imagine playing a video game with such incredible graphics and inspiring dynamics that, before you knew it, hours had passed. You know that at the end of the game your hero will meet a final foe, who ...
Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced that it has acquired Excelian, a privately hel...
When moving along a professional path there are certain periods or better to say cross-roads when several questions can come to mind:What position would I like in a couple of months or years?What skil...