10 Reasons Why Mobile IT Needs to Prepare for Android

The smartphone crackdown continues as top vendors and mobile operating systems battle for the top position in the lucrative market, especially in the enterprise. CIO Update and Enterprise Mobile Today provide an expert's view by Eugene Goland, President of DataArt, on why CIOs should say “Yes” to handsets powered by Google's Linux-based Android OS. “The open Android platform is a key advantage because it means that development of the OS will continue at a fast pace. That same open platform also means enterprise can introduce its own custom changes, to better suit the particular business, said Eugene Goland, president of DataArt, an application development company.”

Original articles:

• www.enterprisemobiletoday.com
• www.cioupdate.com

Three Million iPads Can't Be Wrong: Six Steps to Help PR Tap into App Development

By Eugene Goland

Eugene Goland, President of DataArt, talks to Bulldog Reporter, the leading source of PR views, news and tools, on everything iPad, and shares his expert tips on how PR agencies can help their clients with creating their own iPad apps.

“The explosion of popularity around mobile devices, especially the iPad (three million sold as of June 22), has brought the worlds of PR and technology even closer together. Any conversation with a client that starts with "Should we build an iPad app?" is likely to end with "How do we do that?" If you're a PR pro and also a bit of a tech geek, you might know the answer. But what if you're not a techie? What if your idea of high-tech is your seven-year-old laptop, or a second-generation iPod? What do you tell your clients about actually creating mobile apps, and specifically, iPad apps? What do they need to know? What do you need to know to keep your reputation as the smart and savvy, PR agency?”

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New Signs of a Pulse for Bank Technology Jobs

By John Adams

American Banker Magazine reports that while there’s more good news for those looking for a bank IT job than a year ago, the banks have become more selective when choosing technology professionals. The magazine quotes Alexei Miller, Executive Vice President at DataArt as saying that “there are additional opportunities at smaller institutions… "There's more flexibility at a small shop, and decisions get made faster. But on the flip side, resources and budgets are smaller," says Alexei Miller, evp of DataArt, a software consultant and IT outsourcing group that serves primarily capital markets clients.”

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Will History Repeat Itself?

By Alexander Makeyenkov and Manish Patel, DataArt

Waters magazine wonders if the financial industry has learned its lesson and solicits the opinion of DataArt’s experts on assessing the most pressing issues of concern: risk management and regulatory compliance. In a by-lined article for Water’s Open Platform, Alexander Makeyenkov, Senior Vice President of Capital Markets at DataArt, and Manish Patel, CEO of MP Capital, share their thoughts on the steps needed to transform the capital markets industry, making it more transparent and technologically advanced.

"To improve risk management, banks will adopt new technologies that federate systems on a global scale and provide, ideally, real-time calculation and response capabilities for processes that must meet new market velocities. As new regulations are implemented, the name of the game will focus on data quality, availability and reconciliation, and the technology tactics employed to meet these demands will mean significant foresight and integrated planning from the business and technology sides of institutions. Both areas require unique technology tactics, but they are driven by the common realization from the credit crisis that banks cannot operate in an insulated, opaque box-they must be responsive to the global markets."

"Modern models for complicated derivatives or structured instruments sometimes require highly intensive and time-consuming calculations. Even using optimized software services and powerful hardware, it is challenging to provide real-time risk assessment. Developing interpolation algorithms, with pre-calculated anchor points along a line of possible market movements, provides the ability for those assets with complex model algorithms to be included in real-time portfolio risk valuation. Performance at a global level increases the complexity even further. Two issues become extremely important for geographically distributed, enterprise-level portfolio risk management systems: adding more power to model calculations and efficiently delivering model data to end users in real-time."

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Client Communication with Outsourcers Enhanced by Web 2.0

by Alyssa Dver

Software Magazine devotes a lengthy article to the importance of Web-enabled methods of client communication in outsourced software development, and shares outstanding practices of collaboration based on the input from Alexei Miller, Executive Vice President at DataArt.

‘Clearly, what makes these new models of outsourcing succeed is a combination of newer development methodologies that ensure smaller, discrete units of work that can be closely managed, monitored, and corrected before problems become too large to rectify.

However, Agile and other time-based methodologies aren't the single solution to efficient outsourcing. Alexei Miller is an executive vice president at DataArt (www.dataart.com), which specializes in financial services outsourcing. He observes, "What is often missing is a much deeper change in thinking about software - the quality, the adaptability, the process of how systems evolve together with business needs, and the timing. To work most effectively, Agile principles must be carefully adapted to each particular situation, and therefore are implemented much more efficiently when the outsource provider is very experienced not only in the principle itself, but also in the client's specific domain."’

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