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 firstname.lastname@example.org.
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 email@example.com
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.
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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.
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Review: iPhone 6 is better but not unrivaled
Today marks the release day for the much awaited iPhone 6. Many customers stand in long lines, while some even set up camp outside of stores, but is all the fanfare worth it? If you were to ask these Apple customers, the answer would be obvious: yes.
We know how Apple evangelists feel, but how about a more unbiased perspective?
In reviews, the iPhones "are being heralded as the best mobile phones ever made," Gordon Kelly, a technology expert writes on Forbes, yet do they deserve this level of praise? This is a question Kelly sets out to answer in his review of the iPhone 6. Specifically, he considers the significance of the iPhone 6's upgrades, and how the company's new product stacks up with the competition's, including HTC.
Kelly does not believe that Apple has totally transformed the smartphone landscape with the iPhone 6, but he does believe that the upgrades are significant and, overall, make for a very good product.
Bigger screen, better phone?
Unless you have been living under a rock, you know about Apple's plans to increase the size of its new phones. The company has made this a major talking point in the weeks leading up to the release. But Kelly maintains that the iPhone 6—with its larger screen—is still not the best product in this regard, insisting that the LG G3's 5.5-inch, 2560 x 1440 pixel, True HD-IPS display surpasses the iPhone in terms of screen quality.
However, there are several areas where the iPhone 6 does shine, including its camera, overall design and build. Yet, even in these areas, it's not totally unrivaled. For example, in design and build, Kelly believes that the HTC One M7 and M8 give the iPhone 6 a run for its money.
Kelly concludes that "while the iPhone 6 redefines the iPhone it doesn't redefine the smartphone sector." However, this may not matter for the most die-hard Apple customers.
How technology benefits small business owners
More small businesses are adopting BYOD policies, as we discussed in a recent blog post. Businesses are making this transition, realizing that it benefits workers by empowering them to do their best work and improves overall productivity. However, there are additional advantages to deploying business applications: They directly assist entrepreneurs and small business owners.
The U.S. Small Business Administration (SBA) outlines how technology can help your small business. One suggestion it makes is using enterprise applications, which allow you to perform business functions from home or another location remotely. Accounting and payroll are among the services you can provide through online applications.
Mobile devices are a huge help to small business owners, who are often on-the-go, seeking to juggle numerous tasks. As USA Today explains, apps offer benefits for busy entrepreneurs.
"Apps aimed at small business owners allow them to pay bills, update websites, market their companies, reach out to customers and keep in touch with employees from anywhere."
The SBA notes that apps allow owners to oversee key business functions even while they're out of the office. Consequently, entrepreneurs don't need to be constantly tethered to their businesses, which has a positive impact on work-life balance. They can take a family vacation or choose to work from home at certain times, a rarity before the advent of smartphones and other mobile devices.
Mobile business applications streamline and simplify processes. Not only do they empower workers and improve productivity, they can also help small business owners achieve a better work-life balance, while continuing to actively manage their businesses.
Smaller businesses are now adopting BYOD policies
BYOD was once a trend larger companies embraced, but was less common among small businesses. However, this is changing, according to small business expert Jill Billhorn. In her article for BizTech, "Enterprise Mobility, BYOD and the Cultural Shift in Doing Business," Billhorn explains the reasons behind the shift of BYOD being a burden on IT to a useful tool for small and midsize businesses (SMBs).
More small and midsize businesses are adopting BYOD policies, which allow employees to use personal devices for work purposes, and sometimes include the company subsidizing the expense. Chris Chute, research director with IDC's Global SMB Transformative Technology Research practice, spoke with Billhorn about this evolution in BYOD deployment.
"This is a marked change from only a year ago, when close to half of small firms cited having a zero-access BYOD stance," Chute said. He cites hosted software and easy-to-deploy mobile device management (MDM) software as reasons why IT departments are less burdened and more companies are adopting BYOD programs.
However, there are also cultural changes that are leading to greater support for mobile policies, Billhorn notes. "For a BYOD policy to be truly successful, the company must become less paternalistic and more empowering of employees."
As we've discussed previously, enterprise mobility allows workers the kind of autonomy and freedom that empowers them and makes them more productive. Realizing these benefits, organizations are smart to adopt mobile business applications and BYOD policies.
BYOD policies should be tied into your overall business and goals, not viewed as a separate program. Roger Bjork, in his article for CIO, explains that successful BYOD implementations begin with identifying key business objectives, such as boosting productivity or supporting the growth of a mobile workforce.
Apple unveils its larger iPhone 6 and watch
On September 9, at an event at its Cupertino headquarters, Apple unveiled two of its new products: the larger iPhone 6 and its new watch. The watch must be used in conjunction with either an iPhone 5 or an iPhone 6. Its starting price is $349 and it will be available for purchase at the beginning of 2015.
Bill Chappell, writing for NPR, notes that, despite much fanfare surrounding the the watch's release, Apple will need to demonstrate how it is different from the company's iPhone.
"The market for smart watches has long been seen as one that's waiting in the wings, ready for explosive new growth. But tech experts say the trick will be to differentiate the watches from smartphones — and to give consumers a reason to buy yet another device," Chappell explained.
Apple CEO Tim Cook emphasized how both new products would offer Apple Pay. The system makes use of a Touch ID and near-field communication to allow consumers to make payments at vendors.
Other expected features of Apple's watch are a health monitoring app, run through the Mayo Clinic. Experts consider the Apple Watch part of the "quantified self" movement of consumers who are interested in tracking every aspect of their lives, including their health.
The iPhone 6 will also hit the market later this month. Apple hopes that its larger screen will meet consumers' demands for larger layouts. There will be two model options. One will have a 4.7-inch screen, while the other will have a 5.5-inch screen.
In addition — as we have discussed previously — Apple is also in the process of developing a larger tablet, which it anticipates will fuel enterprise growth. It is expected that customers of the larger-screen iPads will mostly be businesses.
How to create a mobile policy for your business
Gartner is predicting that by 2016, 40 percent of the global workforce will be mobile, including 67 percent of workers who will use smartphones. Businesses are adopting mobile applications because of their ability to improve productivity and accessibility to information. Yet, only 30 percent of businesses who use applications have mobile policies in place, reports the nonprofit ICT trade association CompTIA. Given the emphasis CIOs are increasingly placing on security, it seems surprising that more organizations have not developed mobile policies.
While large companies are most likely to have mobile policies, it is incumbent on organizations of all sizes to brainstorm the key areas that their policies should address.
Speaking with Lori Castle of Mobile Enterprise, Seth Robinson, director of technology analysis for CompTIA, explains: "As an organization becomes increasingly mobile, boundaries and ground rules for what is considered appropriate use of mobile devices, applications, data and services must be set." This ambiguity, and its attendant risks, heightens the need for clear mobile policies.
Moreover, Vizay Kotikalapudi, group manager for Symantec's enterprise mobility group, explains that a comprehensive approach is needed. Kotikalapudi insists to BusinessTech's Alan Joch that companies should develop an "entire mobile strategy," rather than "a series of Band-Aid solutions."
So, how exactly should companies develop such mobile policies?
One critical consideration is developing mobile policies that meet various users' needs. Castle notes that while companies have policies that cover their specific IT infrastructure, this typically covers corporate owned assets but does not extend beyond that. However, employees, especially at companies who have work at home practices, use personal devices for accessing corporate networks/data. In these cases, it is important for companies to establish policies that extend to such employees.
Blanketed approaches toward mobile policies do not work since employees have varying levels of access and use applications in different ways. Accordingly, Joch explains that policies need to be tailored to particular user groups.
Toward this end, Dan Shey, practice director for M2M, enterprise and verticals at ABI Research, recommends that companies categorize users into three groups. These groups are based on employees' degree of access to corporate information. He terms the first group "organization-liable," including C-level executives, directors and administrators, who use entity-provision devices to directly access databases and other resources. Organizations should develop mobile device management [MDM] capabilities, as well as data encryption and mobile virtual private networks [VPNs] for this group of users' activity.
The next level of users usually can access the company's email system — which they regularly use — but not typically the company databases. Companies should have an MDM solution for tracking devices, however security controls do not need to be as strict for this group as those who are "organization-liable."
The third group of users, including BYOD workers, are not working on company devices but are still accessing, receiving and sending company information. Therefore your mobile policy must cover them.
Security should also occupy the bulk of your efforts. Castle notes that security "merits separate focus since the data is not an inherent part of the device." Robinson explains to Mobile Enterprise that IT departments will need to monitor and safeguard data through Data Loss Prevention (DLP) and other software. In addition, users will need guidelines regarding usage and safety best practices.
While developing a mobile policy is a thorough and involved process, the alternative of not pursuing security is a far greater risk.
Reasons your business should use mobile applications
Mobile technology has helped a range of businesses, from industry behemoths to lesser known small and midsize businesses (SMBs).
Kurt Marko's article for InformationWeek's Network Computing expands on the benefits of mobile business applications for companies including Starbucks and Facebook.
Available for both iOS and Android, Starbucks' mobile app drives "an increasing amount of sales while simultaneously engendering customer loyalty," Marko writes. Starbucks' CEO Howard Schultz explained in an interview with Marko that his company's app allows stores to manage peak periods of customer demand.
Facebook has also sought to improve its mobile strategy. Dan Rose, Facebook's vice president of partnerships, speaking with CNBC, relayed how his company understood how important mobile was. Rose explained: "We've always had a mobile product; Facebook works better on your mobile device. We needed to become a mobile company, and that's what we've been focused on."
David Gitonga, writing for TechRepublic, explains the value of mobile applications for small businesses. These advantages include the ability to target core customer demographics, provide better customer service and analyze customer information.
To illustrate these benefits, Marko cites the example of Hank's Plumbing, a small business based in Calgary. Among the key improvements Hank's saw after launching mobile apps were improved productivity, increased billable hours and shorter customer wait times. Through deploying apps, the company also gained the ability to track every service event and its associated charges. The business' revenues have increased 25 percent as well, Michael Edworthy, the firm's operations manager notes.
As these examples demonstrate, mobile applications improve many aspects of your business. They also benefit both employees and your customers. Apps streamline and shorten processes, while increasing employee productivity and overall business.
Mobile is one of top three CIO spending priorities in 2014
Gartner reports that mobile is one of the top three CIO spending priorities for 2014. In an article for Wired.com, Phillip Redman, vice president of Mobile Solutions & Strategy at Citrix, charts the ongoing evolution of enterprise mobility and the benefits this expansion provides companies and their employees.
Redman calls attention to the increasing scope and capabilities of enterprise mobility, noting how it has evolved from email to a much wider range of services.
Professionals, including salespeople and doctors, now bring tablets and laptops when they travel, retail workers use mobile devices to conduct inventory checks and designers use applications for the purpose of CAD drawings, among many other uses. The point of emphasis is organization's shift away from the particular device or platform to focusing more on the app and the services it offers. The many apps on the market allow organizations to streamline a variety of processes and tasks for their employees.
In line with this, advancements in mobile development mean that employees can increasingly access apps from any device. Redman insists on the importance of businesses increasing their enterprise mobility. He writes: "By ensuring secure, on-demand access to applications, desktops, data and services anywhere, over any network, from any device — not just smartphones and tablets — organizations can empower mobile workers with the freedom and flexibility to choose how they work."
Greater enterprise mobility will allow businesses to maximize their productivity, while empowering their workers to choose the work method that best suits them. Redman suggests that allowing individuals autonomy and freedom in how they work is critical to an organization's success and productivity.
Report: Enterprise mobility app activations up by 20 percent
Enterprise mobility apps are growing at a fast pace, according to the recently released Good Mobility Index Report. The index seeks to analyze the impact of mobile apps and platforms.
App activations across the enterprise grew 20 percent in the second quarter. Additionally, the report revealed that 70 percent of businesses report that the need for greater support for mobile is a "high" or "critical priority." In particular, business leaders believe that increased adoption of mobile apps will benefit their employees.
Tech writer Chris Merriman expands on some of the report's notable findings in his article for the British publication, The Inquirer.
Merriman writes that apps made for tablet devices lead the market with a 58 percent share, however, mobile phones are gaining greater popularity, especially as screen sizes for phones increase. iOS has a commanding presence in the enterprise market, despite stiff competition from Android.
Another trend is the increasing adoption of cross-platform enterprise apps.
Good Technology chairman and CEO Christy Wyatt spoke to this trend as well as the advantages of cross-platform app adoption, emphasizing that companies are "deploying a breadth of devices and a diverse set of applications to drive higher value for their business, across all vertical markets [...] to fuel their business needs."
Some of the primary benefits of cross-platform mobile apps, which we've discussed in previous articles, are expanded reach, improved marketing, along with a more centralized and uniform solution and overall design.
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.
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.