Digital Digest: The Latest Tech News - EPAM

Editorial Staff 21 February 2020

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. 

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