Genesis Platform Named Best Technology for Trading Efficiency
July 08 2024 - 8:06AM
The Genesis Application Platform was named Best Technology for
Trading Efficiency in the European Markets Choice Awards, presented
by Markets Media Group, a leading publisher covering trading and
technology in capital markets.
“As partner to Neptune Networks and Octaura, the Genesis
platform is supporting some of the most vital and innovative work
in fixed income trading,” said Dan Barnes, editorial director of
Markets Media Group. “Clients report that its ability to deliver
customized data and workflow environments is driving efficiency
within primary markets for bonds to post-trade automation. The
platform is also proving invaluable in delivering solutions
requiring a mix of new software and integration with other user
systems.”
“How to be efficient in trading needs to be defined by each
firm, not prescribed by a technology provider,” said Stephen
Murphy, CEO and Co-Founder of Genesis Global. “The Genesis platform
and Marketplace of financial industry components allow users to
rapidly build highly bespoke trading solutions. With this award,
Markets Media recognizes how clients use Genesis to deliver the new
technologies, integrations, transaction processing and workflows
which modernize their trading and operations.”
The Genesis platform provides a unified developer environment
for creating full-stack applications requiring high-performance
transaction processing, event-driven workflows, real-time data and
other integrations and rich, interactive user experiences.
The platform dramatically boosts the productivity of developers
in financial markets through its:
- Development Suite: specialized low-code framework, AI
assistance and accelerators for front- and back-end programming
empower developers
- Application Runtime environment: a real-time core, enterprise
integrations and built-in encryption and audit power
high-performance, secure applications at scale
- Component Marketplace: a library of pre-built financial
industry solutions, templates, components and integrations
accelerate builds and innovation
In the last year, Genesis:
- Launched Version 8 of the Genesis Application Platform,
including step changes in platform technologies and componentry,
risk-free trials and a shift to usage-based pricing to make it
easier for developers to experience the value and power of
Genesis.
- Introduced a unique solution for primary bond markets that
helps traders, portfolio managers and credit analysts rapidly
analyze new bond deals and request allocations. Now part of the
Marketplace, the solution is available to all platform users.
- Deployed a web version of its multi-asset class middle-office
solution, Trade Allocation Manager (TAM). It provides a robust
foundation for post-trade efficiency and regulatory compliance by
automating trade matching, allocation, confirmation and other
middle-office processes. TAM is also part of the Marketplace.
- Engaged with Quantitative Brokers and X-Change Financial Access
(XFA) to bring new trading technologies to complex fixed-income
markets.
Banks, asset managers and trading infrastructure providers
worldwide use Genesis and its platform to develop new software,
enhance legacy technology systems and replace end-user computing
and manual processes with enterprise-quality solutions. Among these
clients, Bank of America, BNY Mellon and Citi are also strategic
investors in Genesis.
Presented annually, the Markets Choice Awards recognize “the
best of the best in capital markets trading and technology.”
Winners are selected by the editors at Markets Media Group, in
consultation with a range of market participants.
Markets Media Group publishes MarketsMedia magazine, Traders
Magazine, Global Trading, The Desk and DerivSource.
About Genesis GlobalGenesis Global enables
financial markets organizations to innovate at speed through a
software application development platform, prepackaged solutions
and deep expertise in capital markets and financial services. In
supercharging developers to rapidly deliver high-performance,
resilient and secure applications, Genesis replaces the buy vs.
build challenge with a buy-to-build solution.
The Genesis platform is designed with flexibility and
performance at its core, providing developers with the frameworks,
integrations and components required to automate manual workflows,
enhance legacy systems and build entirely new applications.
Featuring a resilient, real-time service-oriented architecture,
Genesis excels across the performance envelope of low-latency,
high-throughput and high-scalability, powering
mission-critical applications at the world’s leading financial
institutions.
Strategically backed by Bank of America, BNY Mellon and Citi,
Genesis Global has offices in London, New York, Miami, Charlotte,
São Paulo, Dublin and Bengaluru.
Media contact:Alex Paidas, Corporate
Communications, Genesis Global
alex.paidas@genesis.global +1 646 246 4889