January 18, 2007
DataArt sponsored a Meet and Greet Wall Street Reception for financial engineering students at Cornell University's School of Operations Research and Information Engineering. The event provided ample opportunities for graduating students to mingle with executives from top Wall Street firms.
The dynamic keynote speaker for the evening, Victoria Averbukh, Head of Structured MBS Strategy at Deutsche Bank Securities Inc. (and a former classmate of Eugene Goland at NYU), addressed key points on what it takes to succeed as a quant analyst.
DataArt's participation in the event is one of the steps in building a financial engineering internship program at its New York headquarters, and further expansion into quant analytics. Other recruiters in attendance included Bear Stearns, UBS, Bank of America Securities, CitiGroup, JP Morgan Chase, Merrill Lynch, American Express and Bank of New York.
"DataArt stands at the frontier of major changes in ecosystem, technology, and business practices of Capital Markets Industry,” said Anatoly Altshuler, DataArt Board Advisor. “To cross the frontier and "join the battle", we need partners who share DataArt' conviction in the role of high science & technology in progressive changes, and at the same time compliment our “industrial” strength with strongest credibility and thought leadership. Cornell’ Manhattan is unique in that regard."
January 12, 2007
DataArt announced 2006 results. The company continued its growth, increasing revenue and further expanding its development force in Russia.
The most visible revenue increase occurred in the financial technology sector, with DataArt signing
BNP Paribas, one of the world’s leading banks, and
ValueLine, one of the oldest and most respected financial information and analysis providers. In total, 30 new clients were signed in 2006, among them
Plastyc (upsidecard.com) and
CityIndex.
DataArt opened a new facility in the city of Voronezh, Russia, increasing development capacity by 30%, and introduced several new offerings, including SAP and Business Intelligence consulting. In December, the company reached a one million billable hours mark.
DataArt has strengthened its knowledge based initiatives, publishing a joint research with Hedge Fund & Investment Technology magazine on outsourcing trends in financial technology, and exhibited at several industry events, such as International Association of Outsourcing Professionals (IAOP) in Florida, and Marcus Evans Outsourcing conference in London.
In 2006 DataArt was once again recognized by the industry for its achievements: the company was selected to Rising Star category by Global Sourcing 100 (IAOP), cited by leading research analysts as a company to watch, and featured in several major publications, including Business Week.
“2007 marks a decade of success and technology innovation for DataArt,” said Eugene Goland, President of DataArt. “We plan to continue building on our legacy of client commitment and dedication to excellence.”
