Luxoft and Orchestrade Announce Strategic Alliance to Offer a Broad Range of Integrated Products and Services for Capital Markets

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San Mateo, CA – July 1, 2022 – Orchestrade, a leading, modern, cross-asset, front-to-back trading and risk management platform for banks, asset managers and hedge funds in the market, and Luxoft, a global banking and capital markets consulting and services provider, today announced an alliance to offer a comprehensive suite of integrated products and services. The collaboration will enable financial institutions to meet the challenges of current and future market conditions through implementing Orchestrade’s software, delivering flexibility, openness and increased pace of change to meet new market opportunities.

The Luxoft and Orchestrade alliance brings a new approach to end-to-end integration services, founded on a complete “as a Service” delivery strategy, materially addressing the time to market, total cost of ownership, and transition needs of the client’s unique business and technology goals. Orchestrade has established its presence over the last 11 years building a solid base of buy-side, sell-side, and commodities clients and with Luxoft will continue to scale and improve its delivery capabilities. The Luxoft and Orchestrade alliance is the most recent addition to the Luxoft family of leading software partner solutions and is led by industry experts leveraging over two decades of awarding winning and referenceable system integration capability.

“Orchestrade is a company that continues to deliver at the pace of change required by today’s financial institutions. We are proud to be the implementation partner for clients choosing this fantastic solution for their current and evolving future needs.”
Ihyeeddine El Feki, MD, Global Head of Trading and Risk Solutions, Luxoft​

“At Orchestrade we believe that choosing the right partners is essential to successful delivery and building long term client relationships. Our experience working with Luxoft on engagements, combined with the size, strength, and proven track record of their vendor application practice, make them an obvious choice to be Orchestrade’s global delivery partner.”
Gordon Chan, General Manager, Orchestrade Financial Systems

Through this exciting new alliance, both parties will bring accelerated change to the financial services market, combining the two organizations’ best in class offerings: Luxoft’s rich heritage of systems integration and software engineering capability, and Orchestrade’s advanced technology platform.

Orchestrade Wins “Best Middle Office Solution” in 2022 FTF News Technology Innovation Awards

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Orchestrade Financial Systems, a leading provider of cross-asset trading, risk management and operations technology, has been recognized by Financial Technologies Forum for Best Middle Office Solution in the 2022 FTF News Technology Innovation Awards. This award spotlights the solution offering that helps facilitate more efficient middle office operations, particularly IT innovations that eliminate manual systems, legacy solutions and pave the way for operational efficiency. Winner selection was based on votes from qualified industry participants.
“We are very honored to receive this important recognition from FTF News,” said Gordon Chan, VP, Orchestrade. “Our solution is a complete cross-asset front to back-office capital markets system used by sell-side and buy-side institutions to achieve unparalleled time to market and reduction of total cost of ownership. Its modern middle office functionality enables the system to live up to the product name—orchestrating and automating trading activities across a wide range of asset classes across the enterprise. Orchestrade’s real-time P&L and risk capabilities allow users to view and analyze risk against several risk measures for a wide range of treasury and derivatives products on a single blotter. P&L can be explained and decomposed by any change in market conditions including credit, interest rate or currency.”
Orchestrade won the Financial Technologies Forum award for Best Middle-to-Back-Office Integration Solution in 2021.

Orchestrade Partners with GLMX to Deliver Real-Time Risk Management Solutions for Global Repo Markets

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GLMX Technologies LLC (“GLMX”), a comprehensive technology solution for the trading of repurchase agreements and securities lending, and Orchestrade Financial Systems (Orchestrade), a leading provider of cross-asset trading, risk management and operations technology, are collaborating to integrate the two award-winning platforms for greater trading and operational efficiency for global repo markets.

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