genesis, the international capital markets software firm, and OpenFin announced a partnership to provide clients with scalable and interoperable technology and desktop solutions, built and deployed at speed. The partnership helps drive front to back office digital transformation projects across capital markets – from the server to the desktop – bringing together genesis’ ability for agile software development and OpenFin’s application interoperability across financial desktops.
genesis provides a microservices technology framework designed specifically for the world of capital markets, to address the digitization challenges participants face as they look to meet the growing demand for smarter, end-to-end workflows and real-time insights. The framework enables fast and agile software development by breaking down the problem into small components of functionality, while ensuring the data used is consistent in real-time. This is in stark contrast to legacy systems that require whole platforms to be re-engineered.
OpenFin is quickly becoming the de facto operating system (OS) for capital markets, used by banks, asset managers, hedge funds and brokers globally to power their digital transformation strategies by securely deploying interoperable financial applications directly onto permissioned desktops. Licensed to more than 175,000 desktops, the OpenFin OS is now being used to deploy more than 1,000 applications to more than 1500 major banks and buy-side firms, across 60+ countries.
genesis has already successfully implemented a solution for clients supporting treasury, broker dealer and wealth management requirements on the OpenFin OS. This solution has been deployed at one of the largest investment firms in Latin America and was created as an application on the OpenFin OS in minutes without the need for technical resource or coding.