Custom Software Development Company

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Financial Software Projects

Custom Application Development

Clients engage DataArt when off-the-shelf products are unavailable, inadequate or too expensive. We develop new systems from scratch, re-engineer legacy platforms, and provide independent QA and code review, on a fixed-price or flexible Time-and-Material basis. Three critical success factors:

  • Time-to-Market
  • Total Cost of Ownership and Business Value Realization (BVR), compared with both off-the-shelf products and alternative development options
  • User Adoption/Implementation: no matter how well-designed a system is, it's only successful if its users are happy

When discussing a Custom Development project with a client, our first consideration is Team Ramp-up and Training. Our proprietary training and domain knowledge sharing system allows us to save up to six weeks of critical start-up time, providing better quality early in the process.

Straight Through Processing (STP) Integration

We are often hired to connect disparate systems that were not built to work together:

  • Integration between portfolio/position management system and an accounting engine for complex products
  • Eliminating double-entry for securities T&C and corporate actions by establishing a central Reference Data repository

When we prepare to launch Integration projects, we focus on the systems and competitive landscape research. We measure our success by:

  • Time to deployment;
  • Flexibility and maintainability - systems and formats change, our systems must be ready
  • Adoption impact - time and money saved with integration

Media about DataArt

  • Software Outsourcing: The Future of Outsourcing The Future of Outsourcing

    DataArt is featured in Business Week magazine's cover story "The Future of Outsourcing".

  • Financial Crisis and IT Outsourcing – What’s Next? Financial Crisis and IT Outsourcing – What’s Next?

    "Dialogue Magazine, the flagship publication of the Society for Worldwide Interbank Financial Telecommunication (SWIFT), publishes an opinion piece by Alexei Miller, Executive Vice President at DataArt, on the future of IT outsourcing after the financial crisis."

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