Genesis Application Platform Version 8: Develop faster than ever before

The financial markets industry is characterized by an unwieldy mix of technologies that make innovation and adaptation to changes in markets and regulation difficult. The rush to adapt to the SEC’s T+1 rules last week illustrate this challenge as it required automation throughout the trade life cycle, spanning front-, middle- and back-office systems and tie-outs to exchanges, clearinghouses and custodians. Legacy manual and EUC workarounds that sufficed during T+2 were exposed by the efficiency demanded by T+1.   

The regularity with which the SEC, OCC, FCA and other authorities levy enforcement actions and fines on banks remains a persistent challenge to the industry. Weaknesses in trade surveillance, monitoring, AML, and other controls are similar to the T+1 challenge in that they impose new requirements on brittle legacy systems and stress their ability to interact with one another as needed.   

We built the Genesis Application Platform to help financial firms address these and other technology challenges by making it faster, easier and less costly to build innovative new software, enhance legacy technology and remediate risky end-user computing. 

The launch of Version 8 of the Genesis Platform (G8) makes its power more accessible to developers through new tooling that accelerates onboarding and gets them building financial markets-grade applications faster than ever before.    

In conjunction with G8, we have changed our engagement model to make it easier to experience the platform through our trial program and usage-based pricing, to ensure that clients’ costs correlate to the value they receive from the platform.  

Here’s what’s new in G8 and how it can help your technology teams address your most pressing, strategic and innovative software opportunities.    

Genesis Marketplace    

Reuse and extension of prebuilt code is one of the pillars of the Genesis Application Platform. Reusability is delivered by the new Genesis Marketplace, a catalog in the platform of pre-built elements commonly required by financial applications. Featuring an array of solutions, templates, components and integrations, the Marketplace gives developers a code library to leverage in their builds.  It includes major process solutions like trade allocation, application functions like alerts and reporting, as well as integration adaptors for market data services and a variety of trading systems.    

Genesis Create    

Genesis Create is a web-based tool to start projects and get new applications running in minutes. It accelerates the process for existing users and makes it easier for new users to get up and running on the platform. With Genesis Create, developers can quickly define business objects and views, set up real-time data aggregations, create queries for data display, and specify UI foundations such as grids, screens and data sources. This allows users to get their Genesis applications off the ground much faster, drastically reducing the time to market while maintaining resilience and security.   

Genesis View    

Genesis View is an AI-powered tool that lets developers quickly transform UX designs from various sources – including screenshots or design tools like Figma – into Genesis UI code and CSS. It allows users to rapidly add new screens to their applications and enhance UI attributes, like fonts, colors and layout throughout an application, all without specialty UI coding expertise.  Currently in early access, Genesis View creates the baseline for developers to work with, making the design-to-development workflow much faster and more efficient.   

In delivering AI within the proven confines of the Genesis platform, View is an example of how Genesis is providing a trusted conduit for financial firms to benefit from the potential of AI by generating well structured, concise and maintainable UI code leveraging the guard rails provided by the Genesis Platform.  

Enhanced FDC3 Support    

Interoperability has been a powerful disruptor in the technology space over the past decade. FDC3 support allows Genesis applications to seamlessly integrate with interoperability software, providing standardized support for intents and channels workflows. This makes it easier for developers to embed FDC3 interoperability into their applications to deliver highly-functional desktop experiences that easily integrates with OpenFin and Interop.io solutions. 

Free 60-Day Trial   

As part of the Version 8 launch, Genesis is offering risk-free trials of the platform, where users can experience all of the above and more. This will allow users to get a taste of what the platform offers and build their own applications. Trials include access to the Genesis Academy and other support designed to ensure that developers rapidly understand the capabilities of the platform. 

We’re also offering value-led pricing, meaning that platform clients only pay only for how much they use our platform, correlating cost to the value received from Genesis.  

Schedule a time with one of our experts to learn more about our latest platform updates and trial it for free. We can’t wait to share it with you.