CIO Advisorapac
Close
  • home
  • Conference
  • Newsletter
  • Subscribe
  • Whitepapers
  • News
  • about us
  • Agile
  • Artificial Intelligence
  • Augmented and Virtual Reality
  • Backup and Storage
  • Banking
  • Big Data
  • Blockchain
  • BPM
  • Cloud
  • Contact Center
  • Cyber Security
  • Data Analytics
  • Data Center
  • Digital Marketing
  • Disaster Recovery Services
  • EdTech
  • Emerging Technology
  • Enterprise Mobility
  • Enterprise Security
  • Financial
  • Healthcare
  • Human Capital Management
  • Human Resource
  • IBM
  • IoT
  • ISP
  • IT Service Management
  • IT Services
  • LMS
  • Logistics
  • Marketing Technology
  • Mobile Application
  • Oracle
  • Payment And Card
  • Payroll
  • Procurement
  • Risk Management
  • Robotics
  • RPA
  • Supply Chain
  • Telecom
Menu
  • Specials

  • Backup and Storage
  • BPM
  • Data Analytics
  • Digital Marketing
  • Disaster Recovery
  • Human Resource
  • ISP
  • Procurement
  • Mobile Application
Specials
×
news

Subscribe to our Newsletter

news

Subscribe to our mailing list for the latest articles, news, and exclusive insights.

Thank You for subscribing with us. We sent you an email regarding this.

news
SUBSCRIBE

loading
  • Home
  • Financial
  • Vendor
  • Luxoft
Featured Vendors (1 - 4 of 8)
left
Cloudera: Turning Complex Data into Clear Insights

Tom Reilly, CEO, Cloudera

Feezmodo Consulting: Devising Long-Term IT Strategies

Lung Hao Liu, Lead Consultant, Feezmodo Consulting

OneAsia: Intelligent Cloud Infrastructure Adoption

Charles Lee, Founder and CEO, OneAsia

Consultel Cloud: Simplifying Cloud Migrations

Benjamin Molloy, Division Lead & Cloud Solutions Architect , Consultel Cloud

Innovix Cloud: Accelerating cloud adoption by simplifying thing

Yoon Kam Fei, Cloud Director, Innovix Cloud

Riley: Accelerating Business Innovation and Growth

James Wynne, Practice Lead in Infrastructure Modernisation, Riley

PT WISESA LATIH INDONESIA: Reshaping Human Capital Management

Tri Junarso, Founder & CEO, PT WISESA LATIH INDONESIA

Cosmact Ltd.: Achieving Telecom Enhancement via IP-Based NGN

King Lee, Director, Cosmact Ltd.

right
Previous
Next

Luxoft: Fostering Innovation in the Finance Sector

CIO VendorAndre Nedelcoux
The global Finance industry has gone through a phase of overhaul over the course of the past decade. The advent of newer technologies and globalization across most major verticals has contributed largely to this aspect. The largely dynamic nature of the regulations governing various industries has been a major cause of concern amongst various organizations in the Finance industry. This scenario puts focus on the dire need for firms that offer consultation services pertaining to the effective management of financial services. Luxoft is a company that has been specializing in the provision of consulting and technology services to the finance industry for the past 16 years. Its initial foray into the Finance industry had Luxoft catering primarily to the U.S. and European markets. Over the years the organization extended services to countries in the Asia Pacific and Africa as well. Luxoft further found success in positioning itself as a one-stop-shop for finance from advisory to engineering through the acquisition of the U.K. firm Excellion. This acquisition enabled Luxoft to further strengthen its capability in delivering services to the Finance industry. Its vitality to Luxoft’s service portfolio also prompted the organization to market all their Finance related services under the brand name Excellion.

Luxoft’s services for the finance industry are largely confined to consultation and optimization of systems. Luxoft aids clients in indentifying prevention opportunities and offers transformation roadmaps to consolidate their systems. The company also enables clients to introduce small cost effective solutions on the lines of open-source technologies like the cloud platform, the simplicity of which further facilitates the consolidation of systems. Furthermore Luxoft also helps clients understand the newer innovations that have come in the past few years and how they can be leveraged to address the specific issues pertaining to finance. “We help clients leverage new technologies so things like cloud or big data can be leveraged to optimize their businesses and transform the way they engage with customers,” explains Andre Nedelcoux, Managing Director, Luxoft.
This digital transformation also enables organizations to comply with the changing regulatory changes through the use of flexible platforms derived from the new technologies.

Luxoft has been successful in bringing the various advancements in the field of finance in more developed marked such as the US and UK to help mitigate the various hindrances faced by organizations in the APAC. The deployment of these new technologies has also been at Luxoft’s own initiative owing to a general lack of knowledge on such advancements all across the APAC. Conversely Luxoft also offers insights pertaining to market trends and regulations in various APAC countries to the other markets, so organizations can invest in prospective markets in the region.

Luxoft aids clients in indentifying prevention opportunities and offers transformation roadmaps to consolidate their systems


With a huge network of delivery centres established across the Europe, the U.S. and the APAC, Luxoft has been quite successful in offering a whole range of services pertaining to Finance including Application Outsourcing which has enabled the organization to forge partnerships with several tier 1 elites such as Deutsche Bank, UBS, Citi, Microsoft, AMD among others. With a skilled complement of engineering talent at its disposal, Luxoft is able to dispense a wide range of services across its many locations worldwide which have earned it several accolades including an Outsourcing Excellence Award. In the years to come Luxoft intends to expand its global footprint to serve all the major Global Financial Services Hotspots and branching out to other verticals to serve its clients better.

Previous
Next

Read Also

Innovix Cloud: Accelerating cloud adoption by simplifying thing

Yoon Kam Fei, Cloud Director, Innovix Cloud

Riley: Accelerating Business Innovation and Growth

James Wynne, Practice Lead in Infrastructure Modernisation, Riley

PT WISESA LATIH INDONESIA: Reshaping Human Capital Management

Tri Junarso, Founder & CEO, PT WISESA LATIH INDONESIA

Cosmact Ltd.: Achieving Telecom Enhancement via IP-Based NGN

King Lee, Director, Cosmact Ltd.

Financial Special

Copyright © 2019 CIO Advisorapac. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedinfollow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://financial.cioadvisorapac.com/vendor/luxoft-fostering-innovation-in-the-finance-sector--cid-4-mid-5.html