Luxoft and ITRS Partner to Deliver Advanced Monitoring Tools to Banking and Capital Markets

Luxoft, a DXC Technology Company, and ITRS, the leading provider of real-time estate monitoring and observability software, today announced the launch of a strategic partnership aimed at developing and delivering advanced monitoring tools for banking and capital markets platforms.  

Their combined solutions provide a comprehensive view of legacy and cloud-based systems to help banks overcome the challenges of an ever-changing regulatory and technological landscape, enabling clients to mitigate operational risks, enhance resilience and maintain compliance. 

The partnership combines Luxoft‘s vast experience deploying and managing bespoke and third-party applications with ITRS‘s long-established reputation for developing dynamic solutions that address the complexities of modern IT systems and enable its 4,500 clients worldwide to reclaim visibility and control of their infrastructure and applications.  To begin with, the partnership will focus on the Temenos and Murex platforms before expanding into other areas. 

Ihyeeddine Elfeki, Luxoft’s Global Head of Trading and Risk Solutions commented, “While working with ITRS on various projects, we realized we share the same vision. Banks need to detect and prevent business service failures before they occur. This requires all layers of their systems to be monitored from base infrastructure up to the application level, including the end-to-end business transaction flow. We’re thrilled that our collaboration will deliver unique business service monitoring capabilities for the most widely used platforms within financial services companies.” 

Guy Warren, CEO of ITRS added, “In an increasingly complex IT environment, it’s essential the capital markets and banking sectors have access to monitoring solutions that provide end-to-end visibility of transaction and business service performance and Luxoft’s deep domain knowledge and expertise in implementing and managing complex platforms is widely recognized. This partnership will both strengthen our ability to deliver advanced monitoring solutions and extend our market reach, while continuing to provide cutting-edge solutions to our clients.”