New York, September 26, 2023
Luxoft, a DXC Technology Company, is delighted to announce its strategic partnership with ActiveViam, a leading provider of advanced analytics and decision-making solutions for the global financial sector. This collaborative effort will leverage the combined strengths, market reputations, extensive experience, and capabilities of both organizations to deliver innovative solutions to clients worldwide.
Luxoft will contribute its deep expertise in system integration and its robust TSaaS (Trading Systems as a Service) practice to facilitate ActiveViam clients’ seamless transition to Managed Services. Drawing on its global presence and proficiency, Luxoft will serve as a trusted Managed Services partner, offering hosting and operation of ActiveViam client infrastructure on various public cloud platforms.
ActiveViam’s flagship product, Atoti, represents a breakthrough in analytics technology, specifically designed to address the most complex data analytics challenges faced by financial services organizations. Atoti empowers teams to perform intricate, interactive analysis of multi-dimensional calculations on vast datasets, including rapidly changing data crucial for mission-critical decision-making. This partnership will extend to co-development efforts, encompassing both applications and research and development initiatives.
“Our partnership with Luxoft underscores our commitment to empowering our clients with cutting-edge analytics technology. Together, we’ll continue to shape the future of data-driven decision-making,” said Kathy Perrotte, CEO and Co-founder of ActiveViam.
“At Luxoft, we’ve diligently built an ecosystem of like-minded partners who share our vision for the financial industry. We prioritize time-to-market, price transparency, flexibility, and compliance while fostering innovation. Our partnership with ActiveViam reflects this commitment. We’re already experiencing a strong synergy, and together, we offer banks easier access to value-added solutions. This collaboration aims to reshape innovation in finance, driving the future of data-driven decision-making.” said Ihyeeddine EL FEKI, Global head Trading and Risk Solutions, Luxoft.
Luxoft, a DXC Technology Company, is a global banking and capital markets consulting and services provider that offers innovative solutions to clients in various industries, focusing on financial services. Its expertise in operational resiliency, systems monitoring and advanced analytics helps clients improve business operations, increase efficiency and reduce risk. Luxoft has been recognized for significant achievements in the financial services industry in recent years. In 2020, the company was named a “Leader” in the Gartner Magic Quadrant for Application Services in the Banking and Financial Services sector. Industry analysts also acknowledge Luxoft as a leading provider of digital transformation services for financial institutions.
Founded by a group of industry experts, ActiveViam understands the data analytics challenges faced by financial institutions across trading desks, risk, and compliance. That is why we pioneered the use of high-performance analytics in finance, helping the largest investment banks, asset managers and hedge funds make better decisions, explain results with confidence, and simulate the impact of their decisions. We are not generalists.
Our mission is to deliver train-of-thought analysis on terabytes of data in the most cost-effective way so our customers can explain their results with confidence and model the scenarios that will optimize their business. We are a pure player specializing in risk data analytics for one of the fastest-moving and most regulated industries with a presence in the world’s leading financial marketplaces – London, New York, Singapore, Sydney, Hong Kong, Paris and Frankfurt.