Excelian, Luxoft’s Financial Services practice, have announced a partnership with DataStax, a leading provider of database software for cloud applications, to deliver enterprise and mobile applications in cloud environments to the global financial services industry.
Excelian plans to use DataStax Enterprise, a database platform built on open-source technology, to help companies build high-performance applications that are scalable and operate across both public and private clouds. Based on Excelian’s financial services industry expertise, and the features of DataStax Enterprise, Excelian expects to apply knowledge of client IT architecture to many of the industry’s tier one and tier two organizations.
As a result of this partnership between Excelian and DataStax, the organisations will be able to effectively complete global implementations of trading and risk management platforms, balancing complex internal IT requirements and the external financial services and banking market influences. The partnership has already enabled one of our clients in Asia-Pacific (APAC) to optimise global distribution of market data.
“We are pleased to partner with DataStax as we can now build and service powerful and scalable applications in cloud environments for financial services organisations,” said Neil Avery, Chief Technology Officer at Excelian. “With our understanding of the financial services industry, and the use of DataStax Enterprise platform, we can build high performance applications capable of scaling quickly and easily.”
Simon Webster, General Manager and Senior Vice President of EMEA, DataStax, added: “Banks and financial institutions are evaluating the value that cloud and big data analytics can provide around interactions with customers. Open source technologies such as Apache Cassandra and Apache Spark streaming enable exciting new use cases that provide fast and agile data. DataStax Enterprise provides an enterprise-class platform for completing transactions and storing financial data over time. With this partnership, we will provide banking organisations with the ability to capitalise on new opportunities presented through use of data”.
This global partnership could potentially impact the way global financial institutions build and scale applications within the Cloud. For more information on our recent implementation project, please read the blog here.
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