Media Coverage

Luxoft, a global IT service provider, today announced that it will exhibit a new in-vehicle translator feature co-developed with Ford at Consumer Electronics Show (CES) 2018 in Las Vegas, Nevada from Tuesday, January 9 to Friday, January 12. Luxoft’s demonstrations will be available at the Luxoft Suite on Floor 30, Room 103 in the Venetian Hotel.

With any and all significant legislation, the industry have voiced their opinions on MiFID II as the deadline came and went. The concerns, challenges and expectations from various industry leaders have been collated below.

Fully autonomous cars are five years away from debuting on roads, according to Luxoft Holding (LXFT) CEO Dmitry Loschinin. 'For the last two years we've been developing autonomous technologies', he said, including sensors and the abilities for cars to talk to each other.

European asset and wealth managers are ahead of their banking counterparts in the race to embrace new technology, according to new research. A survey conducted by Excelian, the financial services consultancy unit of IT service provider Luxoft, finds that chief executive officers in the investment industry are showing understanding of the “importance of technology”. The survey, which was carried out in August, collects responses from 202 decision makers at financial services firms with more than 500 employees

Computers crashing, investors frozen out of markets and a heightened risk of fat finger mistakes. That’s the worst-case scenario when the biggest change to European rules for the investment industry in a decade finally come into effect next month. Banks and asset managers have spent years preparing for the revised Markets in Financial Instruments Directive as regulators try to prevent another financial crisis by boosting transparency. Some still aren’t ready and, with less than two weeks to go, technology and compliance staff at financial companies face working over the Christmas holiday as they race to meet the deadline.

Some 202 IT decision makers in the financial services sector across Europe were interviewed for the study. A survey of the wealth and asset management sector says the "buyside" industry is closer to taking up new technologies than sell-side players such as banks and brokerages, a finding that might surprise industry-watchers familiar with complaints about tech-shy wealth management houses.

Asset managers in Europe are faster to adopt technologies than their sell-side counterparts because CEOs in the industry understand the importance of technology within the business, according to a survey of 200 IT executives working in the financial services sector. The survey, carried out by Excelian, Luxoft Financial Services reveal that 87 per cent of IT executives working for wealth and asset management firms believe their CEOs understand the importance of technology within the business.

Autonomous vehicles could be on the road sooner than you think. A company that is building towards that future is Luxoft. Luxoft has partnered with Intel to create a new digital cockpit computer. The chip they have created will help suppliers in the automotive industry by creating one platform to implement a digital cockpit. This is an advancement because currently, it takes around 4 or 5 platforms. Luxoft has also partnered with Ford to develop an in-vehicle translator app. It is designed to help companies adjust their product for foreign customers.

Appian (NASDAQ:APPN), a leading low-code and business process management platform provider, and Luxoft, a global IT service provider, today announced a global partnership to deliver end-to-end, low-code solutions to Life Sciences companies around the world. Organizations are using software applications to become agile across the business. The Appian platform helps businesses streamline clinical operations, manage regulatory compliance in real time, create immediate innovation throughout the product lifecycle and accelerate speed to market.