Technology
Digital Digest: The Latest Tech News - EPAM

The latest technology news in the wealth management sector from around the world.
Deltix, a firm that
provides software for quantitative research, algorithmic trading
and execution analytics, has officially joined the “family” of
US-based software engineering and digital platform services firm
EPAM.
“With Deltix’s experience and IP, we look forward to forming
EPAM’s Real Time, Event Based Computing Competency. We will focus
this new unit on capital markets trading/risk/market data, crypto
trading, IOT, real-time signal processing, as well as other
industry leading real-time/event-based solutions,” Balazs Fejes,
co-head of global business at EPAM, said.
With more than 80 engineers, Deltix provides software and
services for quantitative research, analytics and algorithmic
trading across equities, futures, options, foreign exchange,
fixed income and digital assets. Deltix provides its solutions to
institutional systematic and discretionary buy-side firms,
sell-side firms and exchanges.
EPAM that it is pushing to use the intellectual property
and expertise of Deltix with its wealth management team, for
example, led by Heiko Sundermann and Panos Archondakis.
“Their [Deltix] very powerful engine and in-house experts can add
huge value to the wealth management WAVE ecosystem and bring
excellent near real-time analytics to portfolio management,” EPAM
said in a social media reference to the development.