Eikos Partners Framework Enables Rapid Delivery of Next Generation Applications
EPCATALYST is a rapid development platform created to deliver a stable platform, with all the display, communication, data, process management and integration tools needed to build sophisticated applications.
EPCATALYST helps you speed up development by offering you, not just a mere set of controls, but a carefully thought out application. It allows you to start with a shell, choose professionally designed themes, and add widgets to produce your own unique portal.
Creating a “One Pane of Glass” vision of the Enterprise Systems Infrastructure
Infront Consulting Group and Eikos Partners have announced a joint agreement to deliver a monitoring tool with a highly configurable visual interface to the Microsoft Systems Center Operations Manager (SCOM) technology branded “Infront InSight”. The product, based on Eikos Partners UX Framework – epCatalyst, interacts with data from the SCOM database, and provides a fast, interactive interface with the monitored services displaying. This fully customizable and extensible dashboard is built using Silverlight and exposes data through a set of selectable and configurable widgets making the presentation and organization of data limitless to the customer. The product has been built to allow for integration with other monitoring and information gathering tools allowing a customer to build a One Pane of Glass view that incorporates data from System Center, third party network monitoring tools and web analytic tools as well as in-house line of business tools. The firms plan the initial launch for June, 2012.
The pre-release version was shown and generated great interest at the Microsoft Management Summit in Las Vegas in April.
For more information or to schedule a demo of the Infront InSight dashboard solution, contact email@example.com.
Infront Consulting Group is a global Systems Integration and Management Consulting organization. We assist our large enterprise customers with the technical implementation and operational processes required to successfully deploy Microsoft System Center technologies. Our mission is simple. We strive to provide the brightest minds in the industry to our customers to allow them to effectively and efficiently deploy and operationalize technology that supports and empowers their business.
One of our core organizational values is community. Our roots are deeply integrated into the System Center community. Infront Consulting Group is a founder of http://www.systemcentercentral.com, one of the most popular community sites targeted at System Center. We employ significant number of Microsoft Valued Professionals (MVPs) who are recognized by Microsoft to be thought leaders in the industry and who regularly present at industry conferences like TechEd and the Microsoft Management Summit (MMS) as subject matter experts. (SMEs)
Eikos Partners is a New York based consulting firm built around proven domain expertise serving the financial industry. Partners have real world experience at the C-level and our team each have a track record of delivery to the industry. Eikos is an expert in using “Agile” techniques that rapidly drive the determination of a user’s requirements and deliver from an early stage a continuous stream of capability.
The firm has a deep and varied technology background, with extensive knowledge and use of Silverlight, making them a leader in deploying this for real-world business applications.
Eikos Partners has been involved in delivering front, middle and back office applications for all asset classes, as well as for credit and market risk. Clients include well-known Wall Street names, as well the hedge fund industry and retail brokerage.
203 434 4290
Eikos Launches New WordPress powered Website
Eikos launches its new website now powered by wordpress, making it easier to add content that immediately integrates into the great look and feel that we have applied to our website, we are continuing to work on providing further integration with WordPress so that we can integrate with social networking tools like Facebook and Twitter.
If anyone is interested in the Windows 8 Metro inspired theme we have applied to WordPress for our site, then please feel free to contact us at firstname.lastname@example.org
Numerix & Eikos Partner to Offer Numerix Powered Solutions for epCatalyst Platform Users
Partnership to provide Eikos clients with interactive access to Numerix CrossAsset pricing analytics and risk management capabilities within Eikos’ epCatalyst platform dashboard
NEW YORK – FEBRUARY 23, 2011 – Numerix (www.numerix.com) the leading provider of cross-asset analytics for derivatives valuations and risk management, along with Eikos Partners (www.eikospartners.com), a specialist in trading and risk applications for the financial industry, today announced their partnership to offer integrated access to “Numerix Powered” interactive pricing, analytics and risk display solutions within the Eikos epCatalyst platform dashboard which is available now.
Users of the Eikos epCatalyst platform dashboard, based on the powerful and flexible Microsoft Silverlight technology, which includes portfolio managers, traders and risk managers, will be able to access the extensive Numerix CrossAsset library of independent pricing models and methods to price and generate risk sensitivities across all asset classes. The flexibility of the Numerix CrossAsset library coupled with the rapid development capabilities of epCatalyst, will allow developers to tie into the Numerix pricing and risk environments to create robust solutions. Eikos epCatalyst enables front and middle office professionals to do deal structuring and trade entry on the fly, as well as calculate pricing-risk analytics and drill down on the aspects of virtually any Numerix defined or structured deal via a high impact GUI dashboard and series of interactive display gadgets.
“The tight integration of Numerix analytics within the Eikos epCatalyst platform offers users a powerful and robust pricing and risk solution. The wide variety of display solutions and available models means users can now value virtually any deal type using Numerix’s different methodologies and custom model calibrations. We look forward to a successful partnership with Eikos and to providing our customers with new and exciting ways to access and display our world class analytics,” said Steven R. O’Hanlon, President and COO of Numerix.
“We developed epCatalyst to create a highly flexible environment with a superior user experience, which enables users to be able to visualize and interact with the complexities of the information and services supporting their business, states David Lattimore-Gay,” Partner, Eikos. “The combination of epCatalyst and Numerix’s industry leading analytics services, brings this concept to an entirely new level, and allows our clients to create and view any pricing model and complex risk scenario using an intuitive interface in a few minutes across a diverse set of source systems.”
The epCatalyst framework coupled with Numerix’s pricing and risk management capabilities provides users with a stable platform, with all the display, communication, data, process management and integration tools needed to build sophisticated risk management applications that are essential for the financial industry.
Eikos Partners Announces epCatalyst for the Financial Services Market
Eikos Framework Enables Fast Start, Rapid Delivery of Microsoft Silverlight Applications for the Financial Industry
NEW YORK – JULY 13, 2010 – Eikos Partners (www.eikospartners.com) a specialist in designing and developing Silverlight applications for the financial industry, today announced EPCATALYST, a rapid development platform created to deliver sophisticated Microsoft Silverlight-based applications.
The major EPCATALYST framework component manages the Silverlight display objects, or “widgets.” Within the display framework, the EPCATALYST widgets take on the overall theme, and perform direct business functions. Using the services of the display platform, widgets can interact with services in other parts of EPCATALYST, or with each other to create an intuitive response to user interactions. For customization purposes, Eikos Partners designed the EPCATALYST with many generic widgets.
“Our goal was to reduce the time, costs and risks of building new Silverlight solutions, or adding them to an existing systems infrastructure” said David Lattimore-Gay, Senior Partner, Eikos Partners. “EPCATALYST represents a stable platform, with all the display, communication, data, process management and integration tools needed to build sophisticated Silverlight applications that are essential for the financial industry.”
The framework also contains other key elements that financial services rely upon such as Database, CEP, Business Intelligence (BI) and Reporting & Document Management components. These are all connected by a communication layer that functions as a service bus, and provides connection over the intranet and Internet. EPCATALYST is structured to ensure technology choice remains open, and has wide ranging flexibility to add new functions and interactions. Interaction with data and services that are provided by an existing systems infrastructure or by external services are provided by web service components.
“Our experience of using EPCATALYST with our clients is that it easily saves 4-6 months in analysis and development time, and allows immediate focus on the business problem, with the opportunity to deliver real world capability within a very short period of time. Using EPCATALYST allows the focus to be on effectiveness, efficiency, differentiation and a heightened User Experience,” added Lattimore-Gay.
Eikos Partners Creates new Portal for Cantor Fitzgerald Prime Services Division
NEW YORK – May 6, 2010 - Eikos Partners (www.eikospartners.com), a specialist in designing and developing Silverlight applications for the financial industry, today announced it has delivered a complete business portal for Cantor Fitzgerald’s Prime Services Division.
Cantor provides equity and fixed income Prime Brokerage services to hedge funds, money managers, REIT’s, professional traders, broker dealers and ‘40 Act funds.
“We are delighted with the portal delivered by Eikos,” said Noel Kimmel, Senior Managing Director in charge of Cantor Prime Services. “The portal enables us to integrate all asset classes into a single environment, and is designed to enhance the client experience.”
The portal was designed and developed in order to provide clients access to full-featured reports, trade capture services and various portfolio accounting data across all asset class. It exposes a set of services being provided by Cantor Prime Services, and is built in Microsoft Silverlight 3.0. Eikos was selected because of their experience with Silverlight, and their process, which allowed for early and continuous delivery of capability.
“This is the culmination of 18 months of work in understanding how to build Silverlight applications and deploy them for mission critical business needs” said David Lattimore-Gay, Partner, Eikos. “We have built a reference infrastructure to support our best practices, and most importantly have a team in place that can quickly turn concept into reality.”
The layered structure that Eikos employed allows for marshalling and integration of data and services from the back-end, linked to an extendable front-end that contains visual elements, or “UI widgets”, that perform the business functions. The UI widgets communicate with each other to create an intuitive feedback to the user, and the user has control of how they are organized and displayed. Eikos’s Creative Design Team worked closely with Cantor to design a rich user interface that balanced form and functionality resulting in a superior user experience.
The capabilities offered by Silverlight to deliver Rich Internet Applications (RIA), with a zero touch install, to a wide array of browsers and OS platforms were proven in a mission critical environment, so that both Mac and Windows users can access the portal.
Eikos Partners Wins Innovator Award From Windows in Financial Services for Silverlight Integration
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, was chosen by Windows in Financial Services, “The Source on Microsoft Technologies for Financial Services,” to receive a 2009 WFS Innovator Award. The ceremony will be held at SIFMA’s Technology Management Conference and Exhibit in Microsoft Corp’s suite at the New York Hilton. Eikos Partners was selected for its development of financial applications for trading on Microsoft Silverlight.
Criteria for judging and selecting were based on the end result enabling a concrete resolution to an impending issue, solving practical business problems. Winners were selected for clearly implementing technologies on the Microsoft software platform that will redefine a new tomorrow in technology and demonstrate a clear-cut advantage in their particular sectors of the marketplace.
Eikos Partners was recognized for developing 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 culminates a year of work by Eikos Partners in studying different possibilities for Silverlight. The system also uses Enterprise Gateway from Kaazing to push real-time updates to the client, and Microsoft Azure for back-end processing.
“Silverlight is emerging as one of the most scalable and flexible visualization platforms for the financial arena, and Eikos Partners has been one of the pioneers in program development and customizing solutions,” said Craig Saint-Amour, U.S. capital markets industry solutions director, Microsoft Corp. “Its award winning technology reflects the key elements that are important to financial organizations: ease of use, rapid updates, and ability to process and share data in a customized environment.”
“We’re honored to be recognized by Windows in Financial Services,” said David Lattimore-Gay, Senior Partner, Eikos Partners. “Our approach redefines how real-time applications will be built, and raises the bar dramatically on performance, speed, availability and reliability, and most importantly, the user experience. Our goal is to future-proof functionality to parallel the presumed expectations that users demand as the scope and capabilities of financial technology services grows.
“We believe that the next generation of client side applications will have to have real time data, news and transaction services as a means of competing for market presence,” added Lattimore-Gay. “Web delivery means that solutions have to be reliable and have true scalability, as well as be technically agnostic. Kaazing fully meets those needs.” “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,” said Jonas Jacobi, CEO of Kaazing.
“Innovation at the financial sector is proving to be a challenge accosting all entities in the financial realm, especially due to an economy that has had seismic rumblings,” said Joe Viviani, publisher, Windows in Financial Services. “This year’s 2009 WFS award winners were able to capture, isolate and overcome a business issue with a solid innovation – and extended its capabilities beyond the traditional limits. Whether on a local or global scale, each of these winners has been able to seamlessly integrate their new technologies into the daily workflow DNA and as a result, save time and worry. We salute all the entries and the winners who took the time to utilize their resources through the Microsoft technology platform to find the right business answer for their distinct business needs.”
Eikos Partners Teams With Kaazing to Deliver Cutting Edge Technology for Financial Services Organizations
NEW YORK – June 4, 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.”
Worldflow and Eikos Partners Form a Strategic Alliance
NEW YORK – May 13, 2009 – WorldFlow, a leading provider of software and consultancy services to the financial services market, and Eikos Partners, a leading innovative business consulting and project-based technology services to large investment banks, hedge funds and asset management organizations, have formed a strategic alliance to better serve their clients with innovative end-to-end solutions on both sides of the Atlantic.
Both firms have an established track record of providing solutions to Investment banks and Hedge Funds using a deep understanding of the businesses needs and innovative approaches to meet them.
Eikos Partners “right shore” model balances the strength of its highly skilled New York staff with the cost efficiency of its team of professionals based in Panama, specializing in Microsoft .Net 3.5 technologies.
Eikos has developed a set of User Experience Frameworks that takes the traditional interactive UI for trading and financial applications to a dynamic new level. EP Trader is Microsoft WPF based, and EP Trader its Silverlight solution set.
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Explore a gallery of Rich Internet Applications designed for our clients.
The site features high resolution screen shots of applications created with Silverlight, WPF & HTML5.
Research + Development
Our R&D site is a collection of prototypes and cutting edge experimental applications. The current site is a clone of the
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Articles + White Papers
Yahoo’s decision to take a mobile-first approach
Yahoo head of mobile Alex Diaz believes that creating content for mobile improves user's general experience, reports Stephen Lepitak of The Drum, a UK marketing & media news website.
Yahoo has increasingly embraced a mobile-first approach, which Diaz discussed with Lepitak in light of the launch of Yahoo's Fantasy Football app. Already this year, the company has launched apps for Yahoo News Digest, Yahoo Finance and Yahoo Sports.
Diaz lauded the many benefits of a mobile approach, from improving people's daily habits to implementing a design project.
Most of all, designing for mobile contributes to a better user experience, regardless of the platform.
Speaking to this reality, Diaz explained: "If you design for mobile you will actually design for a better product across all screens which really forces you to focus on your value proposition and think about what your user is trying to accomplish. There's not much space so you really have to be clear with yourself about it."
Diaz suggests that designing with a mobile-first approach leads to more economic use of space and an improved user experience. In addition, Yahoo's mobile-first mindset makes practical sense given that individuals are increasingly using their phones to access the company's site, Diaz reports.
The mobile-first trend among users is certainly not unique to Yahoo. Mobile engagement is rapidly growing. Mobile now accounts for nearly 40 percent of time that web users spend online, according to a February 2013 report from ComSource cited in Marketing Land. ComSource also predicts increasing smartphone and tablet adoption.
Could Apple’s plans for a larger iPad lead to enterprise growth for the company?
Apple is planning to manufacture a larger version of the iPad by the first quarter of next year, reports Tim Culpan, Adam Satariano and Ian King of Bloomberg News. The new version will reportedly be 12.9 inches, larger than the current 9.7-inch tablet, and many experts believe it could fuel enterprise growth.
For at least a year, Apple has been working with suppliers to develop a larger tablet, say sources familiar with the company's plans.
Sales of Apple tablets have decreased for two consecutive quarters, the report says. It hopes that its larger iPad will help it compete with Google Inc.'s Android mobile, which had a 62 percent of the market in 2013, according to Gartner Inc. Apple trailed Android with 36 percent of market share in 2013, a decrease from the company's 53 percent share in 2012.
Zach Whittaker, writing for ZDNet, also asserts that the larger iPad signifies Apple's understanding that enterprise holds the greatest revenue potential. "Consumers may have driven the initial spike in iPad uptake, but enterprise is where the revenue gravy train is," Whittaker explains. Bloomberg adds that potential customers for larger-screen iPads are primarily businesses, seeking to transition from traditional laptops to tablets for many tasks.
At the same time, Apple is planning to increase the screen size of the iPhone on the heels of LG Display Co.'s shares growing to their highest level since 2012. With customers demonstrating their preference for larger-screen smartphones, Apple wants to meet this demand. The company will be hosting an event on September 9th to debut the larger-display iPhone, Bloomberg writes. There will be two model options: one that has a 4.7-inch screen, and the other with a 5.5-inch screen, sources familiar with the company report.
One innovator eyes the potential of apps across the enterprise and beyond
Jonathan Salem Baskin recently wrote an article for Forbes in which he emphasized the value of apps that improve processes across the enterprise.
He believes that these offer more potential than consumer-facing experiential apps because they provide real benefit. Apps that offer tangible benefits by improving processes and outcomes for organizations are what consumers also want in their lives.
Baskin reaffirms the value of utility for consumers. He writes: "apps that do things that people want to get done get used the most, and receive the best perceptions of value thereby. Consumers are telling marketers that they're no different than any other target audience on this point."
Baskin proposes that companies and marketers should focus on developing user-friendly apps for employees to do tasks, such as "simplify procurement, improve shipping, strengthen vendor relationships, clarify risk management, and allocate legal or regulatory resources."
Enterprise apps also have the power to be hugely influential at the current moment by improving peer-to-peer sharing. Apps would serve as "collaboration utilities," enabling the kind of insights and actions that actually affect company performance, Baskin insists.
Finally, he emphasizes that the goal of app development should be to improve business performance. More long-term, they can focus their attention on developing high-quality consumer-facing content. Baskin believes that the emergence of consumer-facing content will naturally develop out of apps that improve business processes.
"Maybe the brand's most successful new apps won't be on consumers' phones at all, but instead improve the products and services they otherwise enjoy?" Baskin suggests. Baskin is betting on when employees experience the advantages of apps across the enterprise, they will want the same benefits in their everyday lives.
Companies investing more resources in mobile
Companies are increasing their use of mobile devices as business tools, according to a report from the mobile device management company Good Technology Corp. Citing the report, The Wall Street Journal reports that the number of secure mobile apps companies activated increased 20 percent in the second quarter over the previous quarter.
Apple iPhones and iPads continue to be popular device options and comprise 67 percent of business device tools compared to 32 percent of Android devices in the enterprise.
Document-editing apps headline the list of most used apps in business settings. Apps for customer relationship management apps and business intelligence experienced significant increases in activations for the quarter. Similarly, custom app activations saw a 25 percent increase from the prior quarter.
The Good Technology group explains that the growth in enterprise application activations stems from companies adopting a more comprehensive approach to mobile. Companies are using the platform to deliver enterprise data between employees, customers and partners.
With this trend, security is also an increasing concern. Good Chief Marketing Officer Lynn Lucas said: "Financial services, in particular, is a hot target of cybercriminals because of the type of data they have."
Companies should consider software to secure their mobile application for tasks involving business intelligence and the management of customer contact and financial information. Security and risk management tools perform a critical service in helping protect businesses' sensitive and critical information.
The many benefits of HTML5
HTML5 has been lauded by its proponents for its multi-range capabilities. From animation, videos and music to building applications, HTML5 also has the advantage of not requiring additional browser plugins.
App Developer Magazine explains that HTML5 has led to advancements in browser technology. It allows "application developers to use browsers as a shell for many of their applications." This simplifies the process of creating an app, as well as reducing the need for client software and the hassle of downloading, installing, configuring and updating apps. HTML5 is also scalable, as there is no installation or user efforts required by the client.
However, one of the most notable advantages of HTML5 is that applications can be downloaded from any browser, including those specific to a smart device. With HTML5, one app can be run on multiple platforms and devices, making it easier for businesses to get information to their employees who have a variety of devices. Updates are also easier with apps run on HTML5.
Another area that HTML5 makes easier is document viewing on mobile devices. HTML5 supports the display of image and document formats, making it an attractive solution for companies interested in web-based document support. HTML5 allows the display of certain image types, including JPEG and PNG within the browser's page.
With mobile apps and video becoming increasingly important fixtures on the digtial landscape, expect HMTL5 to only grow in usage and popularity.
The advantages of cross-platform mobile apps
Smartphone applications can help your company in a variety of ways, from improving internal business functions to engaging your mobile audience. For certain apps, it is preferable to create a solution that is adaptable on a range of different platforms, increasing accessibility. There are several benefits to cross platform mobile app development, which Social Media Today explores. These include expanded reach, improved marketing and a more centralized and uniform solution and overall design:
- Expanded Reach: If your app is accessible from a greater number of platforms, your company can reach more people. Developing an application compatible with both iPhone and Android devices allows you to gain a greater size of market potential.
- Better Marketing: In addition, with a larger customer base of users, it's no longer necessary to craft niche messages for target audiences. Cross-platform apps, which reach more people, facilitate easier marketing. As a result, companies can run campaigns through a range of media and employ generalized messages.
- A More Centralized and Uniform Solution: Just as cross-platform apps simplify marketing, they also contribute to greater centralization and uniformity. When you're using one application that runs across many platforms, it's easier to manage and update changes. Updates automatically get synced across all of the devices and platforms. Moreover, cross-platform apps contribute to a more uniform overall design. The design and look of the app across various platforms will be the same if there's one code running on all of them.
As the number of mobile phone users continues to grow, it's becoming increasingly important to invest in the mobile app market. Cross-platform apps offer a solution with many notable advantages for your business.
Two key trends in application development: Web-based and hybrid applications
Many businesses are looking to build applications quickly that improve staff and business productivity. This was a key theme that emerged at the Enterprise Apps World conference in June.
Andrew Burgess, writing for ITProPortal, reflects on some of the main takeaways from that conference. One takeaway was that the majority of organizations are considering going mobile and want to assess how enterprise apps would figure in their mobile strategy.
Specifically, they want enterprise apps that are multi-channel and built for mobile. Burgess addresses two influential development trends: mobile web applications and hybrid applications.
In particular, companies who want to increase staff and business productivity are looking toward a web-based development approach. The advantage of HTML5 is that it is not device specific and is multi-channel, making it ideal for mobile.
There are additional advantages to HTML5. It works especially well for developing enterprise applications whose needs are quickly changing, Burgess notes. Also, advancements to HTML5 have allowed web apps to have the same capabilities as native apps, yet at a fraction of the overhead costs of development and maintenance.
Another trend in application development are hybrid applications, which seek to combine the benefits of the native approach with the simplicity of mobile web. The technique is to build a "thin native shell" around a mobile web application to get it listed on app stores. Expecting this trend to increase, a recent Forrest research report cited the rising need for low-code development platforms that speed up app delivery, helping organizations deliver mobile and multi-channel apps.
Will businesses continue to adopt mobile applications? One technology futurist’s perspective
We recently wrote an article about how businesses are using mobile applications. A January article in the Huffington Post, "Mobile Apps Will Transform All Business Processes — Is Your Company Ready?" examines the issue as well, asking business leaders for their projections of the scale of use for mobile apps in the next two years.
Daniel Burrus, technology futurist and author of the article, asked 700 companies over the last twelve months whether they had developed mobile apps for internal uses, including supply chain management, logistics, purchasing, maintenance, service and sales support. Only 4 percent responded affirmatively. This number is strikingly low, especially when compared against the high number of smart phones and tablets which a range of businesses use.
However, asked whether they predicted at least half of the businesses in their industry would have mobile apps for these internal functions within the next two years, 100 percent of business leaders believed adoption would be widespread.
These responses are indicative of the future of mobile applications in business settings, Burros explains. He asserts that the adoption of mobile apps for internal use and competitive advantage will soar in the next few years. Companies without mobile apps will be the exception and at a disadvantage.
Moreover, Burrus emphasizes that now is the best time to adopt these mobile apps given the increasing use of smart phones and tablets and the decreasing cost of deploying business intelligence on such devices. In addition, this coincides with the growing capability of smart devices. All of these factors taken together signify that mobile apps are a rapidly growing trend that businesses cannot afford to ignore.
More businesses using mobile applications
It is easy to see that mobile devices and applications are having a major impact on the corporate world. Employees are using smartphones and tablets to access company information while on the go and are using specially crafted apps to improve productivity and efficiency. Then there is the consumer side, which has created an entire market for apps that are used for everything from gaming to shopping to finding directions to communication.
However, not all mobile apps are created the same and there is a reason for that. A popular app like "Angry Birds" is designed to engage consumers and keep them playing. This is the goal of most consumer applications: prolonged activity. Business apps are a bit different, as they are designed to quick reference and data collection, not to handle a full days worth of work tasks.
A recent article from Dell's IT blog Tech Page One examined the use of mobile business applications and the challenges that many have when it comes to success, and one of the biggest is knowing the difference between consumer and enterprise apps. The first piece of information to know is that this kind of strategy is starting to take off.
A survey of 688 business technology professionals found that 41 percent of respondents have developed a custom mobile application for their business and plan to continue creating them. On top of that, 24 percent said there are plans to start creating them within the year.
Creating a custom application is easier said than done. Companies need to know why they want to design an application. Knowing the ultimate goals of the program is key and something that a surprisingly large number of businesses do not know when they start down this path.
"In general, the problem with companies falling short of their [plans] is due to their expectations — they don't understand where to put the goal posts, and how to get there," Paul Lin, CEO of Buuna, an Australia-based app development and consulting digital agency, told the news source.
This is where having the right design firm that specializes in mobile platform development becomes an important factor. For example, one of the most important parts of the design process is testing. Even if your company has a designed plan in place with goals, there needs to be periodic tests along the way to make sure the apps meets expectations and functions appropriately. This also gives companies and developers a chance to look at specific features, like social media integration or a messaging component, in practice to see if they are really needed.
Lin added that there is no scientific process for creating a "hit app." Users are picky and follow trends, so a home-run right out of the gate is rare. Instead, companies are either lucky or "follow an iterative development approach," turn out a quality app that fits a need and plugs away until it finds its audience.
Creating a quality mobile application does not happen overnight and takes time to get right. An experienced custom application development firm can ensure that every company has the best chance to design a program that will make a difference and be effective.
Web browser usage continues to diversify
The internet is used for a number of different tasks in both the personal and business realms. Web-based applications have made it possible for organizations to get their program in the hands of more people, regardless of the way that they choose to access the app.
According to a recent study from Net Applications, web browser usage is becoming more spread out than ever before. The report found that Microsoft Internet Explorer (IE) leads the way with 58.01 percent market share. Google Chrome is second with 20.37 percent. The other major players include Firefox (15.08 percent) and Safari (5.16 percent).
The study also shows that Chrome, which is the newest kid on the block, has experienced significant growth. For example, this year from January through July, Chrome usage increased over four percentage points. By comparison, IE dropped 0.2 percentage points, Firefox dropped three points and Safari dropped 0.6 percent over that same time frame.
These numbers could change by the end of the year and into 2015 because of Apple. The company announced two new operating systems – iOS 8 and OS X Yosemite – earlier this summer. They are both in the beta stage and include an updated version of Safari that was demoed during the Worldwide Developers Conference.
According to an article from Computerworld, the improvements that Apple has made to the platform impact a multiple-platform browser, which could further help increase its popularity.
One of the benefits of custom web application development is the ability to access it from any device with an internet connection. Regardless of the browser that is used, a design team can take advantage of the platform and provide the most effective solution.
Numerix HPC with Azure
This fully customizable workstation application enables users to easily see all of the positions in a portfolio across a wide range of asset types such as: Interest Rates, CDS, Equities, Fixed Income and more. more...
Cantor Fitzgerald Portal
The portal was designed and developed in order to provide clients access to full-featured reports, trade capture services and various portfolio accounting data across all asset class. more...
Fixed Income Trading
The FI Trading Application UI Framework is a set of display components, built using WPF that reflect the common requirements of trading applications. more...
Kaazing Real-Time Data
An equity trading system with tick-by-tick position, P&L and sophisticated stock charting allowing users to annotate charts with news and chat sessions. The charts and annotations update in real-time. more...
Numerix High Performance Computing With Azure
This fully customizable workstation application enables users to easily see all of the positions in a portfolio across a wide range of asset types such as: Interest Rates, CDS, Equities, Fixed Income and more. Using this intuitive browser-based interface, portfolios can be re-priced based on specific conditions or changes in market data. In the world of derivatives, many organizations could only run these calculations once a day. Now they can be done on-demand, all in a fraction of the time, thanks to integration with grid environments such as Microsoft Windows Azure. Decisions can at last be made on a near real-time basis using dynamic market conditions.
For example, users can select a portfolio of 1,000 complex FX trades, select a market environment, change it, and submit the selection for pricing and see the result all within seconds. Secure, user-based permissions enable the Back Office to use this workstation to perform End-of-Day Valuations across all portfolios based on the same underlying pricing and analytics information in Numerix.
From the same workstation, Heads of Trading Desks, Risk Management and Operations executives can also leverage PowerPivot to access historical pricing and analytics data stored in very large databases, such as Microsoft SQL Server. These detailed reports and dashboards let business users analyze what traders are doing across all markets whenever they want, wherever they want.
This solution augments existing trade capture, lifecyle, OMS, PMS, and risk management systems. Built using epCatalyst, the intuitive interface and integration framework from Eikos Partners, it runs on top of Numerix Cross Asset Server, the industry’s most comprehensive and sophisticated pricing and analytics engine. epCatalyst is a Silverlight Application Framework built entirely with the Microsoft software stack. It allows integration of multiple systems and data sources into a comprehensive infrastructure, and enables data and services to be transformed into actionable information.
The result is an equally superior experience for desktop, web or mobile users. Applications built with epCatalyst interact with Numerix CrossAsset Server to price all major asset classes, including: fixed income, inflation, credit, equity, foreign exchange and commodity instruments, as well as hybrids. Seamless integration with the underlying grid environment’s scheduler, such as Microsoft Windows Azure, enables authorized users to see the workflow of this request, which servers and how many nodes in the cluster are being utilized to price this complex portfolio.
Cantor Fitzgerald Prime Services Portal
The client, a major US brokerage, was entering a new line of business as a Prime Broker. The firm already had in place many of the services and systems needed to support the business, but they required a single, highly automated, means for prime broker clients to be able to monitor and manage the flow of business.
The client also wished to have this “portal” be a differentiating factor, against competitors, in the launch of this business.
Using a basic framework structure to separate the interaction of marshalling the movement of data from/to the backend systems, from the user interaction, our people worked with the client using an Agile approach to develop mock-ups of the client services.
The delivered portal, used by internal support staff, as well as external clients, allowed user to create and manage their own “dashboard” view of the data and services using a selectable set of gadgets.
The portal was designed and developed in order to provide clients access to full-featured reports, trade capture services and various portfolio accounting data across all asset class.
The portal allowed the user to select and view, request and search reports, manage trades, file uploads. Considerable design effort was given to reducing user interactions, and to have intuitive responses from the portal.
It exposes a set of services being provided by Cantor Prime Services, and is built in Microsoft Silverlight 3.0. Eikos was selected because of their experience with Silverlight, and their process, which allowed for early and continuous delivery of capability.
The layered structure that Eikos employed allows for marshalling and integration of data and services from the back-end, linked to an extendable front-end that contains visual elements, or “UI widgets”, that perform the business functions. The UI widgets communicate with each other to create an intuitive feedback to the user, and the user has control of how they are organized and displayed.
The work was all performed in Silverlight, with web services as the back end integrator. The capabilities offered by Silverlight to deliver Rich Internet Applications (RIA), with a zero touch install, to a wide array of browsers and OS platforms were proven in a mission critical environment, so that both Mac and Windows users can access the portal.
Eikos’s Creative Design Team worked closely with Cantor to design a rich user interface that balanced form and functionality resulting in a superior user experience.
Fixed Income Trading Framework
Our people have worked designing, implementing and deploying an anonymous Fixed Income Trading environment. This included:
- Designing an application that provides anonymous auction capabilities for a number of different Fixed Income products.
- Providing for ASP deployment capabilities which allow the application to run in a hosted environment and provides the user with a secure downloadable application that can be run on their desktop.
- UI’s were built also for WPF and Silverlight, WPF for the Desktop, and Silverlight for Web Users.
Eikos Partners have created a platform to achieve a dramatic improvement in how user facing applications are built, and the experience that a user gets, by taking full advantage of the capability of WPF to separate the development of the UI from the need to have detailed understanding of the business function.
This allows UI designers and developers to focus on developing new UI solutions while another set of developers focuses on the business logic. This decoupling allows change to happen faster as well as providing a cost effective solution to the need for tailored individual solutions. Eikos Partners uses SOA services; techniques and best practices to further enhance the separation between designer and developer.
The EP Trading Application UI Framework is a set of display components, built using WPF that reflect the common requirements of trading applications. There was no linkage between the designer involved with the UI and the developers of the business logic, in fact they were in differing locations, using a human ergonomics graphic designer in New York, and our team of highly qualified developers in Panama.
Eikos Partners is active in extending the framework to cover a wider set of classes and functions, and is adding display methods that change the user experience dynamics, such as display cubes. Key design elements are creation of an easily customized intuitive environment, and the ability to be able to interact with significant amounts of information without visual clutter.
The framework is designed to meet both the needs of building new applications, as well as “re-skinning” current applications. Microsoft’s .Net environment is flexible and allows it to operate easily with other technologies, allowing new development using the optimal technology infrastructure, as well as legacy applications to benefit from dynamic improvements in the user experience.
The system was built using .NET 3.5, WinForms, WPF, Silverlight, C# and SQL Server. Eikos Partners is taking advantage of Silverlight to create the same capabilities, and a feature rich user experience, delivered over the web to the browser.
Kaazing Real-Time Data Delivery
To further convey our R & D capabilities, we recently developed a zero‐touch equity trading system running on Microsoft Silverlight with tick-by-tick position, P&L and sophisticated stock charting allowing 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. By moving a mouse over a stock symbol, it instantly brings up a choice of buy and sell actions, allowing users to make trades in a single click. The system also uses Enterprise Gateway from Kaazing to push real‐time updates to the client, and Microsoft Azure for back‐end processing.
We believe that the next generation of client side applications will have to have real time data, news and transaction services as a means of competing for market presence. Web delivery means that solutions have to be reliable and have true scalability, as well as be technically agnostic. Our partner Kaazing fully meets those needs.
Communications between the client and the back‐end application run across an HTML 5 Web Socket. If the connection fails, the Kaazing Enterprise Gateway will reconnect automatically; the connection is secure, fast, and able to tunnel through firewalls and proxies.
We believe that the future of the Web looks like this: fast, reliable two‐way connections fronted by intuitive, visually engaging user interfaces that maximize user productivity. Kaazing’s patent‐pending WebSockets Acceleration makes this possible.