Genesis & Inovotek Solutions to drive financial markets tech innovation

GlobeNewswireMay 20, 20244 min

Genesis GlobalĀ andĀ Inovotek Solutions, an IT consultant and Murex integration specialist, announced they are partnering to accelerate software innovation in the financial markets industry.

The firms will apply the power of the Genesis Application Platform and the expertise in Inovotekā€™s team of more than 60 consultants and developers to rapidly deliver new software and integration work for clients working to enhance their trading, treasury, risk, compliance and other financial industry technologies.

ā€œPartnering with consultants like Inovotek is a key part of our strategy to make the Genesis platform the innovation engine in financial markets,ā€ said Devry Ross, Head of Partnerships at Genesis Global. ā€œExtending the capabilities of core systems, like Murex, is a major opportunity for buy- and sell-side firms taking their digitalization strategies to the next level. Combining our technology with Inovotek expertise helps us reduce time to market for our clientsā€™ most innovative ideas.ā€

ā€œThe Genesis platform possesses a distinctive capability to meet not only the rigorous standards for data processing and resilience in trading and other financial applications, but also the compliance and control requirements,” said Karim Yahia, CEO and Founder of Inovotek Solutions. ā€œIn working together, we will help clients realize the technology edge they need to compete and succeed.ā€

Partnering with Genesis drives competitive advantage by improving profitability, reducing time to delivery for technology projects and lowering costs for end clients. Genesis partners have access to the Genesis Academy and other dedicated developer support programs designed to ensure their success in using the Genesis platform.

The Genesis Application Platform combines a specialized low-code framework, a library of prebuilt components and AI-driven developer tools to make it easier and faster for financial firms to build new applications or upgrade legacy systems at speed. It provides a unified developer environment for creating full-stack applications requiring high-performance transaction processing, event-driven workflows, real-time data integrations and rich, interactive user experiences.

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