Deloitte and Luxoft Unveil DBoard

 

A Digital Platform for the Financial Services Industry Offering Real-time Project Overviews, Dashboards and an Array of New Reporting Functionality

LUXEMBOURG--(BUSINESS WIRE)-- Deloitte Luxembourg and Luxoft

Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced the launch of DBoard, a new web-based platform offering Deloitte’s clients a digital ecosystem in which users get a comprehensive and real-time overview of their projects. DBoard was developed to strengthen the user experience in professional services, and give Deloitte’s clients instant access to dashboards, project reports, data and documents. Ultimately, the platform offers the users more control over their activities, new possibilities of analyzing data, as well as simplified communication and exchange of documents and information.

“With DBoard we enhance our clients’ day-to-day control of back-office functions while providing analysis and insights to improve their business decisions and client conversations,” explains Vincent Gouverneur, Partner and Clients & Markets Leader at Deloitte Luxembourg. “DBoard is customized to our clients’ specific needs and offers a range of new possibilities when it comes to leveraging synergies across functions.”

In this first release, Deloitte is mainly targeting asset managers, asset servicers and banks operating global distribution networks. New features and applications are already being designed to meet the needs of other financial industries. The platform solution is hosted in Luxembourg.

 

Luxoft was chosen as the partner for this project due to its proven expertise in digital technology developments and for its existing forward thinking technology, Horizon, which could be used as accelerators in this type of engagement.

Horizon, Luxoft’s component-based advanced visualization solution, along with agile approach to project delivery ensured that the application was delivered successfully in a short time-frame and in line with the evolving user requirements.

“We are proud to have been chosen by Deloitte to contribute to the development of their forward-looking, end-to-end digital ecosystem. As a new, innovative, digital platform, DBoard offers a seamless customer experience,” said Pierre Castagne, Managing Director Financial Services at Luxoft. “DBoard is a game changer, as it delivers optimal value to the customer by leveraging the underpinning Horizon technology to ease and simplify use. It is totally changing the paradigm of how clients will consume data in the future. With the use of modern technologies, it has enhanced the user experience offered by Deloitte.”

Read more on www.dboard.lu.

 

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about

for a more detailed description of DTTL and its member firms.

Deloitte provides audit, consulting, financial advisory, risk management, tax and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries bringing world-class capabilities, insights, and high-quality service to address clients’ most complex business challenges. To learn more about how Deloitte’s approximately 225,000 professionals make an impact that matters, please connect with us on Facebook, LinkedIn, or Twitter.

 

In Luxembourg, Deloitte consists of 95 partners and over 1,800 employees and is amongst the leading professional service providers on the market. For over 65 years, Deloitte has delivered high added-value services to national and international clients. Our multidisciplinary teams consist of specialists from different sectors and guarantee harmonized quality services to our clients in their field. Deloitte General Services, société à responsabilité limitée, is an affiliate of the Luxembourg member firm of Deloitte Touche Tohmatsu Limited, one of the world’s leading networks of professional services firms.

 

Luxoft Holding, Inc (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 30 dedicated delivery centers worldwide. It has over 11,000 employees across 36 offices in 19 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit www.luxoft.com

 

This news release of Luxoft Holding, Inc (“Luxoft”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include statements regarding anticipated benefits of the acquisition of INSYS Group, including without limitation, diversifying Luxoft’s client base and decreasing client and geographical concentration, expanding Luxoft’s sales efforts in North America and amplifying management’s capabilities, augmenting Luxoft’s big data and cloud Centers of Expertise, advancing Luxoft’s positioning as an end-to-end solution provider, and enabling INSYS to take on bigger transformational engagements; efforts to expand Luxoft’s presence in the U.S. market and strengthen its sales organization in North America; possible or assumed future results of our business and financial condition; and expectations regarding results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements are subject to, without limitation, risk that Luxoft will not realize some or all of the anticipated benefits of the acquisition, and the risk factors discussed under the heading “Risk Factors” in Luxoft’s Annual Report on Form 20-F for the year ended March 31, 2015 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.

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Contacts

Alina V. Plaia, 212-964-9900, ext. 2404
Vice-President, Global Communications
IR@luxoft.com

Robin Carley, +1 212-964-9900 ext. 2267

Manager, Public Relations

rcarley@luxoft.com

Deloitte Luxembourg

Julie Vichi, +352 451 452 130

Marketing & Communications

lupress@deloitte.lu