NEW YORK – June 23, 2009 – Eikos Partners (www.eikospartners.com) a leading innovative business consulting and project-based technology services to large investment banks, hedge funds and asset management organizations and Kaazing Corporation, makers of real-time web acceleration technology, announced a partnership to collaborate on holistic application development, including the Microsoft Silverlight platform for financial technology customers.
The alliance of the two organizations was based on a mutual core expertise in the financial arena as well as business synergies. The collaboration will provide a comprehensive delivery solution for mission-critical, client-facing applications needing the ability to stream market data, news, chat and transaction services.
Eikos Partners recently developed a zero-touch equity trading system running on Microsoft Silverlight with tick-by-tick position, P&L and sophisticated stock charting that allows users to annotate charts with news and even online chat sessions. The charts update in real-time, and the news and annotations made by users appear on the charts immediately. In addition, moving a mouse over a stock instantly brings up a choice of buy and sell actions, allowing users to make trades in a single click. The system deploys Enterprise Gateway from Kaazing to push real-time updates to the client and Microsoft Azure for back-end processing.
“We believe that these capabilities in the next generation of client side applications will be important as a competitive benchmark for market presence,” said David Lattimore- Gay, Senior Partner, Eikos Partners. “Web delivery means that solutions have to be reliable and have true scalability, as well as be technically agnostic. Kaazing fully meets those needs and is the logical partner to take us forward. The blending of our expertise will be beneficial for our collective customer base since we both have deep level experience working with Silverlight, the next generation of application efficiency.” Part of Eikos’ solution is the Kaazing Enterprise Gateway, which speeds messages between Message Delivery Networks and real-time web clients. Applications like those built by Eikos must meet exacting performance and reliability requirements regardless of the technologies being used.
“Eikos is a recognized leader in the development of Financial Services applications,” said Jonas Jacobi, CEO of Kaazing. “We’re excited about pushing the boundaries of what’s possible with enterprise web development alongside them; we’re convinced that the applications we create together will set the standard for tomorrow’s financial service clients.”
Kaazing’s solutions, based upon their patent-pending HTML 5 WebSockets Acceleration technology, make it possible to deploy Rich Internet Applications that can handle unprecedented amounts of traffic quickly and reliably. As such, they’re the ideal partner for the high-traffic, low-latency web applications that Eikos develops.
Kaazing Enterprise Gateway, the company’s flagship product, is built to the exacting demands of industries like financial services, telecommunications, social networking and online gaming. There’s no software to deploy on the client, and a wide range of protocols, browsers, and Rich Internet Application clients are supported. “Eikos has utilized the Kaazing Enterprise Gateway for what it does best—creating an entirely new user experience that’s only possible with low-latency delivery and reliable two-way communications,” continued Jacobi. “Kaazing's patent-pending HTML 5 WebSocket Acceleration technology helps financial services clients redefine how realtime applications will be built, and raises the bar dramatically on delivery speed, message volume and dependability.”
Kaazing Corporation is paving the road for the real-time web by accelerating how clients and servers communicate with one another. Kaazing’s technologies make it possible for hundreds of thousands of users to interact with applications—and one another—quickly and seamlessly. Kaazing’s solutions are changing how entire industries, from gaming to finance to social media to betting, build and deploy their newest offerings. Kaazing Enterprise Gateway makes it easy to quickly and reliably deploy mission critical real-time Web applications without the need for browser plug-ins or the use of inefficient client-side polling. For more information please visit Kaazing Corporation’s web site at www.kaazing.com
Eikos Partners provides innovative business consulting and project-based technology services to large investment banks, hedge funds (and related services companies) and asset management organizations. We represent one-stop shopping for the financial enterprise looking to build a new trading or risk management system. Our services range from gathering the business requirements through to the architecture, detailed design and implementation phases. Our partners have decades of experience delivering state of the art solutions for Wall Street. Not only is each team member a dedicated IT professional, but they are also experienced and well-versed in all phases of the financial market. This solid blend of expertise ensures customers they are getting service from people who know the ins and outs, terminology and what they really mean to a financial company. Eikos’ strength is working with clients in an open, pragmatic, realistic and honest capacity.
The Eikos approach to application development includes using agile techniques and software development frameworks which are customized to the nuances of the financial marketplace. For additional information, please visit www.eikospartners.com