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.
More Eikos Sites
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
unreleased Windows 8 User Interface.
Articles + White Papers
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.
Where does the wearable technology landscape stand?
There is a chance in the technology market that if you blink, you could miss the next big innovation. With how quickly systems are evolving, it is all too common for professionals to learn the current hot topics, while a new one is just starting to gain some traction.
This is happening right now in the mobile application development industry. Many companies have just started embracing the "post-PC era" and mobile devices are finding a home in companies across the business landscape. However, just as businesses are making decisions on which platforms to create applications on and the benefits of a web-based app solution, wearable devices are considered the next jump in innovation and companies have even more to consider.
A recent article from Business 2 Community features reviews of several popular wearable devices that are currently on the market including the Pebble, Sony SmartWatch and Android Wear. The piece also focused on some common threads that emerged.
First off, there are a number of similarities between the wearable and handheld platforms. Many of the wearable devices also have similar features and uses, which is a consequence of their form factor.
"The main challenge for wearable app developers is software fragmentation," the article reads. "There are many different operating systems (with no clear winner yet), and there are no options for cross-platform development currently available."
Wearable devices are still very much in the prototype phase and Apple has yet to announce anything. With the help of a mobile platform development firm, any company will be able to add these new devices successfully.
No standard for mobile app development
The impact of mobile devices in the business landscape is easy to see, but there is no standard for how to adopt it. This is clearly visible when you talk about mobile application development.
Recently, Oracle released the results of a survey of 414 CIOs, CTOs and other management executives from around the world.
According to the report, even though there is a high commitment to mobility adoption, there is not a consensus about which method of mobile development and deployment, whether this is across industries or across geographies.
The study found that 39 percent of respondents plan to use a native programing language, 31 percent have sided with mobile web application development and the remaining 30 percent will use a hybrid approach.
"The survey reveals splits in commitment to internal development versus external development versus outright purchasing of third-party mobile applications, as well as splits between the development of native applications and cross-platform, browser-based applications," the report reads. "The cost and complexity of integrating mobile applications with back-end systems—in addition to maintaining security in accessing those systems—continue to be issues, as well."
The survey also found that the back-end work like integration, security, quality assurance testing and design take up more than 70 percent of the developer's time.
Figuring out the best way to create a mobile application is more complicated than most realize. With the help of an experienced mobile business applications development firm that understands all three types of creation, companies will be able to ensure that they are ready to create an app that meets their needs.
Mobile devices only as strong as the apps they run
If you were asked to check your email or do a quick internet search, there is a good chance that the device you would reach for to do this would be either a smartphone or a tablet. This is because mobile devices have evolved in functionality to the point that they can now handle a number of different tasks as effectively as if they were being handled with a computer. In fact, a new report found that in February 2014, for the first time ever, Americans used smartphones and tablet applications to access the internet at a higher rate than computers.
Recently, Market Pulse released a white paper that examines the challenges and opportunities that exist in the mobile application development landscape. While many organizations may have opened the door for mobile devices, it is the mobile applications that are paired with them that push tablets and smartphones to become productivity engines. The first step to do this is defining what you want to get out of the solution.
"Defining a mobile app strategy can drive competitive advantage by generating additional revenue, cost reduction, employee productivity gains, and increasing customer satisfaction," the report reads. "This isn't just to ensure you've developed the right set of applications to support your business."
It goes on to say that by operating within the parameters of a clearly defined strategy has several benefits. These include:
- Competitive advantage by improving the customer experience
- Increased employee productivity and streamline business processes
- Meet customer expectations or exceed them by making improvements before customers know they want them.
The survey also examined the challenges that many companies face when it comes to mobile application development. The most commonly cited issue (54 percent) was getting the user interface correct. The rest of the top five includes supporting the full range of popular mobile platforms (45 percent), finding developers with the right skills (44 percent), quality assurance and testing (41 percent) and user technical support (38 percent). Other items that received votes include accurately estimating project costs, gathering market requirements, application distribution and/or dissemination of updated and app hosting services.
In the end, how companies get to the application is not as important as the app itself. The report found that there is nearly a 50/50 split when it comes to companies that use an external development team (49 percent) instead of creating it internally (51 percent). There is a bigger difference with these numbers depending on the size of the company. Larger organizations are more likely to create internally (57 percent) while smaller businesses are more likely to seek an external team (58 percent).
"Enterprise leadership needs to empower its business technology executives with the proper apps to drive their mobile devices and provide access to corporate data, all of which propels the business forward," the article reads.
For many businesses, the smartest move for creating a quality mobile application strategy is to partner with a mobile business applications development firm. They can help design a sound strategy that meets current business challenges and puts them in the bext place for the future.
The business benefits of adapting paper forms to mobile apps
As organizations realize that custom web application development shifts from a "nice to have" to a "need to have," new uses and benefits of custom apps become apparent.
One of the major advantages of pursuing custom mobile web app development was explored by Manufacturing.net. The article pointed out that despite rapid adoption of mobile technologies by organizations, many are still overly-reliant on paper to meet their business needs.
According to the source, the average office worker goes through 10,000 sheets of paper every year. Not only does this quickly eat up resources, it has a profoundly negative effect on the environment. Reliance on paper documents has also been found to bring productivity to a screeching halt. It takes an average of 18 minutes for an employee to locate a paper document, which can quickly add up to rob the organization of even more valuable hours.
The inefficiencies of paper are being phased out by an increasing number of organizations shifting paper forms and manual processes to mobile apps. A 2014 Canvas survey that included over 1,100 business and IT decision makers found that 63 percent of organizations see value in integrating core business applications such as Dropbox, Square, Salesforce, Evernote and Quickbooks with mobile devices and tools.
However, custom web application development often proves more difficult than many organizations initially expect. But with the assistance of the right development firm, organizations can quickly break their dependence on paper and stop unnecessarily wasting resources. Integrating mobility into common applications that your organization relies on everyday not only helps the environment, it can greatly increase both efficiency and productivity.
Strong sales numbers predicted for larger screened iPhone
For any mobile application developer, the release of new hardware can cause a change in strategy just as quickly as the release of a new operating system. Over the last few months, every company that has created these mobile solution has held a press event to unveil the beta version of the new incarnations. Now the rumors of hardware are starting to spread.
According to a recent article from Computerworld, come the fall when some of this hardware will be available, the new version of the iPhone could "set the world on fire" and have "unbelievable massive" sales figures. This is what Van Baker, a Gartner analyst told the news source.
This prediction comes following the second quarter sales numbers that were released by Apple earlier this week. The company reported that in Q2, Apple sold 35.2 million iPhones. That is an increase of 13 percent when compared to the same time frame from the year before but is actually below the 35.8 million that was predicted by the Wall Street Journal.
Regardless, this possibility has many industry experts excited about the possibilities because the latest rumors revolve around two iPhones, each with a bigger screen than the current model.
"But there's a lot of pent-up demand among developed economies for a bigger iPhone, too," Baker told the news source. "I think [the iPhone 6] is poised to do extremely well."
If a larger iPhone screen is coming, mobile platform development is going to be affected. Companies that want to optimize their solutions on this new hardware would be wise to partner with a development firm that is ready to use the latest hardware.
What businesses need in their mobile applications
All across the business landscape, IT departments and company executives are talking about the different ways that they can take their business mobile. This can mean either creating an internal app that is used by employees to improve how they handle daily tasks or a customer-facing application that can be used with several different functions.
However, there are a number of ways that this can be accomplished. Organizations can either use an ad-hoc development approach which will work for simple apps or a more strategic approach that is required for creating more complex programs.
A recent article from The Next Web examined the process of developing a mobile application and the different things that companies need to know before they decide on a mobile platform to power their apps. This requires a uniform approach to development that makes it easier for companies to deploy and manage multiple applications that can help businesses keep things in check including cost, schedule, security and maintenance.
"IT Managers need to make sure they have considered and have solutions in place to meet the entire range of enterprise mobility challenges, including costs, developer productivity, time-to-market, scalability, auto-recovery, security, integration with backend systems, the ability to work offline, user experience and more," the article reads.
The article goes on to cover five areas that companies should consider when they are picking an application development platform. These include:
Multi-platform/channel capability – The right platform provides the required infrastructure to interface with all types of devices that companies can use to access the program. Whether this
is used for native apps or HTML5 development, having the same platform that can be accessed across multiple devices will make it easier to manage all of these programs.
Agile programming – Speed is needed to keep up with the changing mobility landscape. An agile approach improves the creation time and allows companies to better meet any changes that are required for the app to be successful.
Security – A necessity for all applications, security has become a higher priority than ever before. Mobile devices are able to handle tasks that would previously have needed a desktop and extensive firewall to complete. Because of this, companies need to be ready to make sure that any application development firm that they partner with has security protocols as a major priority.
Auditability and governance – Development firms can encode auditability and governance automatically into their applications, which goes beyond the user interface. This can go a long way toward improving the efficiency of the apps.
Future proof – The mobility landscape is moving quickly and organizations need to be ready to adopt the latest hardware and services quickly. By thinking of potential future technologies and being able to adapt to them, a company will be able to more easily adopt to future innovations.
Custom web application development is more difficult than most companies believe going in. With the help of the right development firm, any company will be able to easily create and maintain quality applications that not only meet current challenges but can also evolve as the latest innovations become more of an enterprise standard.
Examining the mobile development landscape
Recently, market research firm VisionMobile, released its 2014 third quarter "State of the Developer Nation" report. This tracks mobile developers and the app economy. The data comes from a survey of more than 10,000 application developers from around the world.
According to the numbers, the average number of platforms that developers target when creating an application comes in at 2.2. That is down from 2.5 that was recorded in the first quarter and 2.9 from last year. The number gets even shorter if you remove game developers. This drops it down to 1.75 platforms targeted for every app and 43 percent of those are only targeting one platform.
Unsurprisingly, Apple iOS and Android remain the dominant platform in the mobile realm, being cited by 55 percent and 70 percent respectfully. A surprising takeaway, however, is that the other platforms are also increasing in use with the Windows Phone (28 percent), Windows 8 (18 percent), mobile browsers (15 percent) and the BlackBerry 10 (11 percent) all gaining some points.
For companies that are looking for new mobile business applications, partnering with an experienced developer that understands how the landscape is changing and what the popular platforms are that will have the biggest impact.
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.