In 1913, Henry Ford transformed manufacturing with the first moving assembly line. His innovation reduced the time to build a Motel T from more than 12 hours to just 90 minutes.
Today, the Genesis Application Platform, is revving up software development in a similar way, transforming how financial markets firms build new applications, get more value from legacy systems and automate manual processes. We make it up to ten times faster to build high-performing applications requiring live market data, multiple integrations, high throughput transaction processing and the most robust security and compliance protocols.
We call that level of engineering ‘financial-markets grade.’
Like Ford, we realize that you need partners to succeed. Our partner collaborations expand the developer community using our platform and create new channels to enable innovation for firms through faster software development.
Eighteen months ago, Genesis launched its partner program with a group of consulting firms specializing in process automation, agile software development, digital transformation and AI.
Our work with Luxoft exemplifies the spirit of partnership evoked by Henry Ford.
We began in late 2022 with a shared commitment to helping financial institutions solve their most pressing software challenges. We made progress through our training and certification programs and by getting Luxoft people involved in Genesis projects just one month after announcing our partnership.
Success followed quickly, and, to date, Luxoft’s engineers have spent more than 6,000 hours working with our platform on more than seven client projects. Onboarding the Luxoft team illustrates how accessible the Genesis Application Platform is for developers and how training programs through the Genesis Academy enable new users to rapidly boost their productivity with Genesis.
“Partnering with financial industry specialists like Luxoft is a major strategic initiative for Genesis.” Devry Ross, Head of Partnerships at Genesis Global. “They have been instrumental in helping us deliver solutions to clients, digitalizing a range of complex processes and transforming markets with innovative new offerings. The speed with which Luxoft mastered our technology shows how accessible the Genesis application platform is to developers throughout financial markets.”
“Our collaboration has helped a variety of capital market clients address their most pressing business and technology challenges. The Luxoft and Genesis partnership exemplifies the value we bring to our clients by helping the world’s largest financial services firms accelerate outcomes and de-risk delivery by deploying a winning combination of cutting-edge technology tools and the best engineering talent,” said Matthew Hargreaves, MD Global Solutions Lead of Luxoft.
Today, Luxoft engineers are integrated into our developer teams and actively work on a spectrum of applications in all three of our major client segments: banks and broker-dealers, investment managers and market infrastructure providers.
More specifically, Luxoft has helped us:
- Tailor the real time-trade matching and reconciliation functionality in Trade Allocation Manager, our middle-office solution, to new client needs
- Build advanced workflow and price quoting within a bank’s new client portal for bond trading
- Automate new trading protocols for a swaps execution facility
- Develop new electronic protocols for structured product trading
- Bring new asset classes onto our Primary Bond Issuance (PBI) solution for asset managers
We also benefit from their perspective and feedback about our platform, helping us improve the experience we offer developers. At the same time, in Genesis, Luxoft has gained a powerful new toolkit to help its own clients rapidly build and deploy innovative new applications.
Working together, Genesis and Luxoft are enjoying the success Ford described so eloquently. We look forward to expanding our collaboration and, while doing so, helping our clients move faster than ever from whiteboard to market with innovative applications.
Visit our Partner Program page to learn more.
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