With cost pressures, competition from leaner firms, demand for higher-agility and higher-touch with clients, the old model of a front office, a technology team and a large ops team to run a custom-built tech platform, is no longer viable.
Quants, Front Office and Risk Management are increasing their IT skills, but there’s still a chasm between novice coding within a Python Notebook and requirements to structure, calculate, deploy, and distribute capital markets solutions and analytics to clients, without the help of an expensive and often overloaded technology team.
Ideally, Front Office staff should be able to connect to the data sources they need, without code, to model financial products, deploy and version control them with a well defined and secure release process, and deliver the results of the same functionalities and behaviours as the best electronic trading platforms.
ResonanceX fills the knowledge gap and empowers business functions with the capability and knowledge of experts having architected and delivered industry-recognised, tier-1 trading platforms. We leverage the best of new technologies, open-source and cloud infrastructure to empower financial services companies and their Front Office to:
The company is authorised and regulated by the UK Financial Conduct Authority (FCA).
We believe in a new Target Operating Model for financial services companies: