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.
Articles + White Papers
What are ‘mobile first’ enterprise apps?
We recently discussed on this blog how Apple and IBM have teamed up to create a new series of mobile business applications, a partnership that is generating a lot of buzz around enterprise apps. Analysts agree that American professionals increasingly anticipate the ability to seamlessly access work-related documents and data on smartphones and tablets, and employers who hope to compete for top talent will need to meet or exceed their expectations.
According to Forbes contributor Maribel Lopez, developers therefore need to focus on a "mobile first" approach. "Mobile first" describes an enterprise app which is designed explicitly for use on a smartphone or tablet, rather than a legacy PC program that is mobile-enabled.
"Enterprise apps must become more like consumer apps that deliver the right information, in the right format, at the right moment," Lopez writes. "This is how the market defines a mobile first app. These apps are not merely updates or an evolution of existing PC apps. These apps are an entirely new species."
The evidence that enterprise apps are only growing in importance continues to mount. A recent survey of North American businesses by consulting firm Frost & Sullivan found that more than eight in 10 have deployed at least one such mobile application, Computer Business Review reports. That figure has grown by 9 percent since 2013. Satisfaction levels are also up, with users reporting increased productivity and efficiency as well as improved customer engagement.
Eikos Partners has extensive experience building and adapting mobile first apps to meet companies' unique and evolving needs, positioning them to recruit and retain top talent and lead their respective industries.
Wearable devices: The next frontier for business apps?
With the growth in mobile devices, companies should constantly be asking themselves how they can harness this technology for use in their enterprises. Wearable devices like watches and glasses have been forecast for some time now, and there is reason to believe that next year will see an increase in the mobile business applications developed specifically for these platforms.
One of the most publicized tech events in recent months was Apple's official announcement of its electronic Apple Watch, currently slated to be released some time next year. Combined with the technology of Google Glass, it raises the question of which direction wearable app companies should focus on.
According to CNet, it's Apple and Google will drive much of the competition next year. The source notes that the International Consumer Electronics Show (CES) in January will be a key time for other wearable companies to make their mark, since it's unlikely that any of the major players in that industry will be demonstrating these products there.
However, the effect might not be universal. Speaking to Digital Trends, Jake Steinerman, CEO of a company that manages a Google Glass-based app, said the way that apps are developed for this device will change depending on the industry.
"Traditionally, technology has caused the consumerization of the enterprise IT market," Steinerman said. "With Glass I think we'll see that flipped – companies will, and are, finding indispensable ways to leverage Glass as a platform."
It's important for companies to anticipate new possibilities for business apps as devices of all kinds become easier to buy and integrate. Keeping those apps accessible will be necessary for success, and knowing this ahead of time gives your business the chance to seek out solutions that could help with using wearables in the future.
Apple-IBM partnership signals enduring rise of mobile enterprise apps
We have previously mentioned on this blog the unprecedented partnership between Apple and IBM to build a line of user-friendly enterprise apps, signaling that mobile business applications are here to stay. The two tech giants recently rolled out the first fruits of their labor, with 10 new business apps for use on Apple devices. A few examples:
- Plan Flight: An app for airlines that lets pilots communicate with ground crews while in the air, as well as aggregate data related to their schedules, flight plans and weather conditions. Apple says a major goal of the flight is to leverage data to limit unnecessary fuel waste.
- Retention: Aimed at the insurance industry, this runs analytics that will, theoretically, identify clients at a high risk of abandoning their current policy.
- Trusted Advice: An app that lets financial advisors access and manage clients' portfolios remotely, viewing competitive market data and processing loan applications from their Apple device.
The goal of the Apple-IBM partnership is to create enterprise applications that are as streamlined and easy-to-use as consumer-facing ones, which, as The New York Times points out, is easier said than done.
"Consumer apps tend to be built for one or a few tasks," writes Times reporter Steve Lohr. "Yet business software often has to tap several different data sets. On mobile apps, that can translate into clicking through dozens of screens."
That is why it is so important to work with a knowledgeable and experienced third-party when building, enhancing and/or implementing mobile business applications. While turnkey programs certainly have a place in the market, they are highly unlikely to meet your business' unique needs right out-of-the-box. Eikos Partners has an extensive history of building and adapting technological tools to meet a variety of businesses' unique professional needs.
‘Alphabet soup’: Choosing the right enterprise mobile strategy for your company
What's your company's mobile strategy? It might be Bring Your Own Device (BYOD), or perhaps its Choose Your Own Device (CYOD). Maybe it's even Company Owned, Personally Enabled (COPE). With so many options and acronyms, it can be difficult to know which one is right for your business. Here are some pros and cons of each:
- Bring Your Own Device (BYOD): BYOD policies allow employees to bring their own smartphones and tablets to work and access company platforms and data from those devices. Workers tend to enjoy the enormous flexibility this provides, and IT departments like how the strategy dramatically lowers overhead costs. However, BYOD can create security issues, as companies ultimately have little to no practical control over employee-owned phones and tablets. As one report from Gartner states: "There is no way for IT to assume full responsibility of securing and managing devices without ownership."
- Choose Your Own Device (CYOD): Ultimately there is no one one-size-fits-all mobility solution for every company. Each business must weigh the comparative costs and benefits of employee usability and information security, finding a strategy that balances both interests. As we recently discussed on this blog, some analysts argue that the CYOD approach often presents a happy medium. In this scenario, employees are invited to choose from a selection of company-approved smartphones and/or tablets. They buy these pre-approved devices, which the company then ensures meet in-house security standards. The users can then access all work-related documents and data while on-the-go, arguably more securely than their BYOD counterparts.
- Corporate Owned, Personally Enabled (COPE): COPE is similar to CYOD, except that the devices in question are owned by the company. This still allows for some degree of user choice (perhaps an employee is invited to select a company-owned iPhone or Android), with an even greater degree of corporate control.
- Wear Your Own Device (WYOD): Strictly speaking, you don't need to weigh the pros and cons of WYOD quite yet, as widespread implementation is likely at least a couple of years in the future. However, Yahoo contributor Shyam Deval predicts that down the road we can expect to see employees sporting gadgets like Google Glass at work. If you're thinking that you can avoid creating a mobile strategy now in the hopes that it will eventually go away, think again.
While a poorly conceived and implemented mobile policy can make a company vulnerable to data loss, a well-executed one dramatically improves employee productivity and morale. Additionally, any business hoping to attract top corporate recruits in today's environment must present evidence of a strong, sophisticated mobile strategy that provides workers with the flexibility they demand.
Once you have decided which strategy to implement, enlist the help of an experienced third-party to build and streamline your mobile business applications.
Gartner: BYOD policies saving companies big bucks
Bring Your Own Device (BYOD) policies are giving companies' bottom lines a significant boost, according to Gartner analysts. NetworkWorld reports that the experts spoke about the issue at a symposium in Barcelona, saying that a BYOD approach can triple the number of devices an IT department is able to maintain while still staying on budget. Gartner also estimates that an astonishing 90 percent of all organizations will have some sort of BYOD program in place by 2017.
"IT leaders can spend half a million dollars to buy and support 1,000 enterprise-owned tablets, while they can support 2,745 user-owned tablets with that same budget," Gartner Research Director Federica Troni said in a statement. "Without a stipend, direct costs of user-owned tablets are 64 percent lower. When organizations have several users who want a tablet as a device of convenience, offering a BYOD option is the best alternative to limit cost and broaden access."
Much of the savings come from the upfront expense of purchasing a device. If employees bring devices to work that they purchased with money out of their own pockets, obviously, the company will save money. However, it's important to note that Gartner is also assuming, in the above scenario, that employers are not reimbursing employees for voice and data plans, or that if they are, the subsidies are modest.
With nine in 10 organizations expected to embrace some kind of BYOD approach within the next two years, it is clearly time for all American companies to consider the benefits of mobile business applications. A mobile app development company can help you create customized solutions to meet your business needs.
World Wide Web Consortium officially approves, recommends HTML5
The World Wide Web Consortium (W3C) has finally given its official stamp of approval to HTML5. The fifth version of the hypertext markup language has grown exponentially in popularity ever since Apple founder Steve Jobs spoke out in its favor years ago. HTML5 serves as an alternative to Flash, which Jobs loathed. He even made it the iPhone incompatible with Flash, which helped make HTML5 increasingly indispensable and hastened the former's demise.
By some accounts, the W3C recommendation has been a long time coming. A 2014 Vision Mobile survey of 10,000 developers found that 42 percent were using the markup language before its official approval.
Still others argue that the rise of HTML5 was unexpectedly rapid. In 2012, Gartner estimated that HTML5 was five to 10 years away from widespread professional use. This year, in contrast, the analysts named HTML5 to its list of the top 10 mobile technologies and capabilities for 2015 and 2016.
"Today we think nothing of watching video and audio natively in the browser, and nothing of running a browser on a phone," W3C Director Tim Berners-Lee said in a press release. "We expect to be able to share photos, shop, read the news, and look up information anywhere, on any device. Though they remain invisible to most users, HTML5 and the Open Web Platform are driving these growing user expectations."
Tech blog ReadWrite reports that the W3C worked with dozens of companies to eliminate thousands of bugs before declaring it fit for use by professional developers.
One of the major benefits of HTML5 is that it is capable of working across devices. With mobile browser use on the rise, HTML5 applications are clearly key to any effective mobile strategy.
Predictions for mobile business apps in 2015
If you take the rising rate of mobile adoption and increasing activations as any indication, mobile business apps are poised to become increasingly popular. We addressed the rapid increase in mobile application activations in a recent article, citing a Good Technology report that enterprise app activations jumped by more than 700 percent over the last twelve months.
So what can you expect from mobile business applications in 2015? Here are some of our predictions: Mobile business applications will become more tailored toward specific functions, and apps will assume a more important role in businesses' marketing.
Mobile business apps will take on more targeted functions:
Utility has always been the name of the game in enterprise app development, and the trend will continue in this direction. These days, apps often serve multiple functions. But increasingly, there will be a push toward greater specification. Businesses will want apps that meet particular needs and services. The goal will be to adopt mobile app solutions that simplify key processes and services, thereby saving time and resources.
Mobile Apps will become more important to marketing:
The number of smartphone users has already exceeded the numbers for those on desktop. Increasingly, businesses will want to target these users based on their location, interests and other important characteristics. Push notifications and loyalty programs, among other features, serve as valuable marketing tools for businesses. The trend will be toward delivering these kinds of promotions and deals through mobile apps, and thus the latter will assume a critical role in marketing.
A mobile app development company can help you create customized solutions for your business' needs.
Apps help larger businesses
Recently we have discussed how smaller companies benefit from mobile business applications. The advantages include greater visibility to customers, a more direct marketing channel and a way of boosting name and brand recognition. But larger organizations also need apps, asserts Samuel Gibbs, who covers the issue in a recent Guardian article. Gibbs also spoke with Marcos Sanchez, who works in communications for an app company. While some analysts, including those at Deloitte, have predicted a downward trend in apps, Sanchez sees no indication that growth will stall anytime soon.
Sanchez draws a comparison between app development currently and the expansion of the Internet in the 1990s, which led to tens of millions of new websites.
"The reality is that apps might not be quite as prolific as websites, but you can have niche apps that have 1,000 users," he said. "There's going to be a place for these small apps" to meet unique business needs.
Increasing adoption of mobile devices
The rapid expansion of mobile adoption also signals that apps will remain important, if not grow in relevance. More and more, users are using their smartphones as their first option for accessing web-based information, rather than tablets or desktops.
Gibbs even predicts—that with apps becoming more and more commonplace—smartphone users may begin to avoid sites and services that don't have dedicated apps.
Mobile business applications are particularly important for bigger companies.
"Mobile apps are no longer a luxury, but a necessity," Sanchez says. "You either get on or you're going to be dead in the water."
As smartphones increasingly become the main touch-point for connectivity with other devices and services, mobile app development will continue to evolve, Gibbs says. There will be more apps suited to meet a range of business needs.
While some apps will grow in importance and others may decline, the notion that apps could become defunct is far from the reality, Sanchez argues.
Mobile business applications boost productivity
The average person interacts with their mobile device 150 times a day, according to Harvard Business Review contributor Joe Panepinto.
"The mobile revolution has forever changed so many of our daily experiences — how we stay in touch with friends, how we learn, how we get news and entertainment, how we pass the time waiting in line or sitting on the train," Panepinto writes. "Is it any wonder, then, that it's also transforming our experience at work?"
In particular, mobile business applications are growing at a rapid pace. Tomi Ahonen Consulting predicts that there will be almost 5 billion downloads of enterprise apps in 2014.
One of the major reasons why firms adopt mobile apps is for their potential to improve productivity. In a recent survey by Mobile Helix, more than half of all enterprises said that productvity would increase by nearly 40 percent if they had more enterprise apps.
Apps can improve efficiency and effectiveness in four main areas: sales, marketing, training and operations.
Panepinto suggests that you can consider the value of apps by thinking about the four C's: control, consistency, creativity and credibility. With apps, you gain control—and the ability to send updates to a field app, ensuring that everyone is in the loop. You also gain consistency, as there are only two major platforms for mobile apps: iOS and Android. In addition, through mobile apps, you get creativity. For instance, you can use location services and image capabilities to connect and share information. Finally, by having mobile apps, your organization is able to more effectively recruit tech talent.
Why smaller businesses need mobile apps
Increasingly, it's become important not just to have a mobile website, but also a mobile app for your business. Part of the reason stems from the fact that people are spending more time on apps than they are on the web, according to The Wall Street Journal. Similarly, the mobile analytics company Flurry discovered that people spend 86 percent of their time in applications compared to only 14 percent on the web.
A recent article in Marlin Business Services Corporation discusses these trends. Marlin emphasizes the importance of small companies developing their own dedicated apps to stay competitive among consumers who want convenience, speed and consolidation.
Melanie Haselmayr, a contributor for Forbes, highlights the increasing trend of small businesses deploying their own dedicated mobile apps.
Mobile apps offer many benefits, Haselymayr contends. These allow businesses to be visible to customers at all times, maintain a direct marketing channel and provide value to your customers. In addition, they provide a way of building your business' brand and recognition among customers and also improving customer engagement, including boosting loyalty.
"[...] These days you'll notice that many small businesses you interact with in your everyday life have their own dedicated mobile app — be it the corner coffee shop or the beauty spa downtown," the author writes. "These companies are ahead of the game when it comes to taking their marketing to the next level."
By working with a mobile web app development company, you can create the right mobile business solutions for your organization.
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.