Montreal, January 28, 2019: TickSmith, a FinTech software company specialized in big data technology, announced today that they have achieved Amazon Web Services (AWS) Financial Services Competency status as well as Advance Technology Partner status in the AWS Partner Network (APN). These designations recognizes TickSmith for delivering solutions built on AWS to help financial clients better ingest, manage, and categorize the growing amount of data that firms need to cope with to minimize risk, navigating compliance requirements, and improve the performance of running advanced analytics at scale.
Achieving AWS Financial Services Competency status differentiates TickSmith as an APN member that has demonstrated relevant technical proficiency and proven customer success, delivering solutions seamlessly on AWS. To receive this designation, APN Partners must possess deep AWS expertise and undergo an assessment of the security, performance, and reliability of their solutions.
Francis Wenzel, TickSmith CEO, said, “We are proud that AWS acknowledges our deep financial expertise and innovative technology that we have been building since 2012. We look forward to continue helping our clients while also allowing them to take advantage of the agility and security offered by AWS.”
AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify APN Consulting and Technology Partners with deep industry experience and expertise.
Financial institutions without a scalable and future-proof data management infrastructure can struggle with increased data intensive compliance obligations. Data that sits idle in storage ignores data mining opportunities made possible with AI and machine learning. These insights could help identify key patterns and extract business intelligence for traders to find new sources of alpha as well as data science teams that are building the firm’s risk management and monitoring tools. With its cutting-edge technology, TickSmith’s GOLD Platform can centralize, transform, and effectively manage financial data at scale so that data becomes the cornerstone of their business strategy.
TickSmith provides concrete solutions for challenges such as: internal data distribution, complex financial simulations, TCA, best execution, and new regulatory requirements such as The Fundamental Review of the Trading Book (FRTB), and MIFID II in addition to supporting product and trading strategy development.
About TickSmith:
TickSmith is a true “FinTech” software company that combines cutting edge technology and deep knowledge in Capital Markets to reach new summits of innovation. This is key as we witness a once in a generation change in Capital Markets infrastructure requirements. Driven by more data intensive data requirements for trading, compliance, artificial intelligence, and machine learning, there has never been so much traditional and alternative data to work with.
TickSmith’s highly scalable, modular GOLD Platform, built on open-source technologies, is crucial in today’s data-driven world.