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Global

Our global, ness.com website highlights our capabilities and client work from
around the globe.

Click the additional listings here to learn more about services or career
opportunities in a specific region.

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FINANCIAL SERVICES

Our Financial Services vertical provide full life cycle digital transformation
services across Capital Markets, Banking, Fintech and Market Information and
Analytics participants.

Get in Touch

 * Financial Services
   
 * Overview
   
 * Our Work in Action
   
 * Our Experts



We are helping our clients in their transformation journey to the cloud by
focusing their application stacks on data-driven intelligence, business-aligned
visual experience design, and operational automation to achieve their desired
business outcomes.
We have over 20 years of experience providing advisory, consulting, and
engineering services to buy-side and sell-side, market infrastructure,
commercial and consumer banking, and fintech clients.

Our Risk Management, Regulatory Reporting and Core Banking solutions, with
offerings for Capital Markets Risk, Pricing, Valuations, Trading, Compliance,
Payments, and Card Issuance, demonstrate our expertise in the domain,
technology, and process, enabling us to become a trusted partner to our clients
in their journey towards application modernization.
Our financial services application modernization initiatives include upgrading
their on-prem application stacks to a cloud-native microservices core, enabling
them to stay agile, reduce costs, mitigate security risks and drive growth.


CENTER OF EXCELLENCE

NEW YORK, USA




A PROVEN TRACK RECORD IN MODERNIZING COMPLEX AND MISSION-CRITICAL ENTERPRISE
PLATFORMS AT THE TOP 10 GLOBAL BANKS, HEDGE FUNDS, AND TOP 5 MARKET
INFRASTRUCTURE FINTECH FIRMS. (FOR EXAMPLE, INCLUDING EXCHANGES, MARKET DATA,
AND CLEARING CORPS)


DISTINCTIVE REPUTATION IN LEGACY APPLICATION MODERNIZATION FOR CAPITAL MARKETS

01


DOMAIN SPECIALIZATION IN REGULATORY REPORTING DIFFERENTIATED SERVICE OFFERINGS,
COMBINING REGULATORY DOMAIN EXPERTISE WITH MODERN REPORTING ARCHITECTURES TO
DELIVER COMPLIANCE HEALTH CHECKS AND REGULATORY PLATFORMS USING STREAMING
TECHNOLOGIES


DOMAIN SPECIALIZING IN RISK AND REGTECH

02


TOP 3 AWS PREMIER PARTNER WITH A DISTINCTIVE REPUTATION FOR CLOUD AND DATA
MIGRATIONS IN THE FINANCIAL SERVICES DOMAIN


FINANCIAL SERVICES COMPETENCY IN AWS

03


LEGACY MODERNIZATION AND NEW PRODUCT DEVELOPMENT FOR FINTECH START-UPS, AS WELL
AS ESTABLISHED BANKING SOFTWARE, PAYMENTS, AND TRADING SOFTWARE SOLUTIONS


PROVEN TRACK RECORD IN PRODUCT ENGINEERING MAJOR FINTECH PRODUCTS AND PLATFORMS

04


OFFERINGS


CORE BANKING MODERNIZATION

In an environment of significant disruption in financial services, we help our
clients modernize the core banking system to compete in an ever-changing digital
marketplace.
Ness has deep experience modernizing core banking platforms to support open
banking, API connectivity, digitization, and enhanced user experience. This
makes our client platforms more agile and responsive to enable digital banking
experiences.
Our Expertise:



 * Co-creating multi-year modernization roadmaps for core banking
 * Modernizing card issuance and deposit products
 * Payment gateway integration services, including Apple Pay and Google Pay
 * Banking as a Service API approach using domain-driven models
 * Working with FinTech and Banking product companies to move from an on-premise
   to a SaaS model
 * KYC and fraud expertise across multiple product domains







RISK, PRICING AND VALUATIONS MODERNIZATION

Risk, Pricing, and Valuations architectures have always been the ideal
enterprise risk management cloud use case since they require large amounts of
intermittent computing resources.



Furthermore, due to the fast-moving input data streams (i.e., Trade, Market, and
Reference Data), it is challenging to produce consistent calculations across
time slices of data.

Our Risk management solutions leverage the cloud to increase real-time risk
calculations with streaming architectures.

In addition, we implement self-service risk management platforms to enable
on-demand custom views, visualization, and insights.

We also develop and back-test vendor analytics to drive product development and
faster business decisions.





REGULATORY REPORTING MODERNIZATION

Organizations often use quick-fix enhancements to their existing reporting
architectures to meet regulatory deadlines.



As volumes and fines for inaccurate reporting grow, capital market participants
are rethinking modernization with a regulation-agnostic view using proprietary
or vendor-based regulatory reporting platforms.

Our Regulatory Reporting solutions use a unique SWAT-team approach to find gaps
and recommend actionable steps for remediating your trade, transaction, risk and
compliance processes and systems

Our thorough understanding of bank regulatory reporting regulations and
cutting-edge skills in re-architecting mainframe monoliths to cloud
implementations allow us to address your organization’s situation.

Ness can also guide you toward establishing an independent control framework for
meeting regulatory obligations.




OUR WORK IN ACTION




INDUSTRY CASE STUDIES

A Leading Equities and Derivatives Clearing Firm Transforms and Modernizes their
Risk and Margining Platform
Ness delivered a modern cloud-based streaming architecture, resulting in a
scalable, high-performance data and computing fabric
Read more




X

Western Asset Management modernizes their Pre-trade Compliance Engine leveraging
a modern Cloud-based Streaming Architecture
Western Asset is a globally integrated, California-based fixed income asset
manager with approximately $450 billion of Assets Under Management (AUM)
Read more




X

A Capital Markets Regulator Modernizes Risk Platform to Improve Compliance
The client achieved a near-perfect scaling of all 1.5 million calculations. The
solution increased development velocity by leveraging Infrastructure as Code,
allowing each developer to test variable configurations of a Confluent Kafka and
Flink application in AWS.
Read more




X

A Post-trade Provider Adds FRTB Data Service to Optimize Balance Sheet Capital
Ness designed and implemented an AWS-based scalable platform for real-price
observations. One of the key features was the de-duplication of 1.2 billion
transactions across all asset classes.
Read more




X

A Leading Canadian Bank Modernizes Card Issuance to Drive Customer Experience
The client is the financial services subsidiary of a leading Canadian retail
chain and is one of the largest card issuers in Canada with an industry-leading
loyalty program.
Read more




X

A Leading Financial Crime Prevention Solutions Provider Delivers a 360-degree
View to Reduce the Onboarding Time for New Customers
Ness built an Identity Resolution solution that allowed the client to provide
state-of-the-art money laundering filtering capabilities.
Read more




X

A Global Bank Leverages Innovations in Technology to Scale their Supply Chain
Finance Business
The client is a new venture arm of the global bank that provides a platform and
catalyst to promote innovation, invests in disruptive financial technology, and
explores alternative business models.
Read more




X

A Top 20 Global Bank Implements an Order Management System to Deliver Greater
Throughput, Resiliency, and Fault Tolerance
Ness brought expert knowledge of trading systems, deep expertise in Kafka and
streaming architecture, and an iterative approach to software development that
yielded shorter release cycles to reduce project risk while delivering
consistent milestones.
Read more




X

A Global Investment Manager Modernizes Fund Product Information Distribution to
Increase Data Availability
With clients in over 160 countries, this leading Global Investment Management
firm provides distinct specialist investment managers, offering boutique
specialization globally, bringing extensive capabilities in fixed income,
equity, alternatives, and multi-asset solutions.
Read more




X


See all case studies

OUR WORK IN ACTION




INDUSTRY CASE STUDIES

A Leading Equities and Derivatives Clearing Firm Transforms and Modernizes their
Risk and Margining Platform
Ness delivered a modern cloud-based streaming architecture, resulting in a
scalable, high-performance data and computing fabric
Read more




X

Western Asset Management modernizes their Pre-trade Compliance Engine leveraging
a modern Cloud-based Streaming Architecture
Western Asset is a globally integrated, California-based fixed income asset
manager with approximately $450 billion of Assets Under Management (AUM)
Read more




X

A Capital Markets Regulator Modernizes Risk Platform to Improve Compliance
The client achieved a near-perfect scaling of all 1.5 million calculations. The
solution increased development velocity by leveraging Infrastructure as Code,
allowing each developer to test variable configurations of a Confluent Kafka and
Flink application in AWS.
Read more




X

A Post-trade Provider Adds FRTB Data Service to Optimize Balance Sheet Capital
Ness designed and implemented an AWS-based scalable platform for real-price
observations. One of the key features was the de-duplication of 1.2 billion
transactions across all asset classes.
Read more




X

A Leading Canadian Bank Modernizes Card Issuance to Drive Customer Experience
The client is the financial services subsidiary of a leading Canadian retail
chain and is one of the largest card issuers in Canada with an industry-leading
loyalty program.
Read more




X

A Leading Financial Crime Prevention Solutions Provider Delivers a 360-degree
View to Reduce the Onboarding Time for New Customers
Ness built an Identity Resolution solution that allowed the client to provide
state-of-the-art money laundering filtering capabilities.
Read more




X

A Global Bank Leverages Innovations in Technology to Scale their Supply Chain
Finance Business
The client is a new venture arm of the global bank that provides a platform and
catalyst to promote innovation, invests in disruptive financial technology, and
explores alternative business models.
Read more




X

A Top 20 Global Bank Implements an Order Management System to Deliver Greater
Throughput, Resiliency, and Fault Tolerance
Ness brought expert knowledge of trading systems, deep expertise in Kafka and
streaming architecture, and an iterative approach to software development that
yielded shorter release cycles to reduce project risk while delivering
consistent milestones.
Read more




X

A Global Investment Manager Modernizes Fund Product Information Distribution to
Increase Data Availability
With clients in over 160 countries, this leading Global Investment Management
firm provides distinct specialist investment managers, offering boutique
specialization globally, bringing extensive capabilities in fixed income,
equity, alternatives, and multi-asset solutions.
Read more




X


See all case studies


INSIGHTS

Blog
Empowering Renewable Energy: End-to-End Solution Architecture for Wind Turbine
Monitoring with AWS IoT and ML at Edge
To implement this solution, we have designed a robust solution architecture that
revolves around equipping wind turbines with sensor devices, specifically
Raspberry Pi sensors, through AWS IoT.
Read more




X

Blog
The Adoption of Digital Twin Technology in Manufacturing & Transportation
With its digital twin tech expertise, Ness can help your business develop Proof
of Concepts to understand the benefits of digital twin technology.
Read more




X

Blog
MQTT in IoT world
MQTT is an OASIS standard messaging protocol for the Internet of Things (IoT).
It is designed as an extremely lightweight publish/subscribe messaging transport
that is ideal for connecting remote devices with a small code footprint and
minimal network bandwidth.
Read more




X

Blog
Where is the business logic in digital twin-based fleet management solutions?
The digital twin concept offers numerous utilization options, and many solutions
take advantage of a relevant subset of its features.
Read more




X

Playbook
Manufacturing & Transportation Use Cases Playbook
Know how Ness M&T CoE leverages its expertise to develop different solutions,
tools and accelerators to resolve key challenges.
Download


PLEASE FILL THE FORM BELOW

X



Whitepaper
Leveraging Location Data to Accelerate Mapping Solutions
Asset tracking and asset visibility are essential pillars to building more
advanced solutions to improve operations by streamlining the processes. They
start from simple asset localization and monitoring through utilization tracking
to increasing human safety, work efficiency, cost optimization, and simulations.
Read more




X

Blog
The Top 5 Digital Transformation Myths in Industrial Manufacturing

Read more




X

Blog
ESSENTIAL ELEMENTS FOR SUCCESSFUL DIGITAL TRANSFORMATION
The digital transformation of Industry is huge, the rate of change is
accelerating and it is having a much broader economic and social impact than
with the previous revolutions which were driven by steam and coal, electricity,
and latterly computers. New architectures are emerging that can take advantage
of the state-of-the-art in connected consumer electronics, unequalled global
internet....
Read more




X


Learn more


INSIGHTS

Blog
Overcoming Hesitation About Capital Markets Application Modernization: Why a
Critical Mindset Shift is Needed

Read more




X

Whitepaper
Risk Architectures: from batch to streaming data architecture

Read more




X

Blog
Ness featured in the FinTech Magazine along with Standard Chartered
Traditional banking is under pressure to adapt as society continues to not only
evolve digitally, but also increasingly accelerate via emerging technology and
innovation.
Read more




X

Whitepaper
Cryptocurrencies Analysis and Return Forecasting
Since 2008 bitcoin has gained a prominent place in the international financial
landscape, and conversations about cryptocurrencies have become a frequent
subject in social media, attracting more investors every day.
Read more




X


Learn more



FEATURED EXPERTS


VADIM
GELMAN


RISK, PRICING, VALUATION


ACCELERATE YOUR DIGITAL TRANSFORMATION WITH OUR BUSINESS DOMAIN KNOWLEDGE,
TECHNOLOGY EXPERTISE, AND AGILE DELIVERY PROCESS.

Let's Talk


Ness Digital Engineering, acquired by global investment firm KKR in 2022, is a
full-lifecycle digital engineering firm offering digital advisory through scaled
engineering services. Headquartered in New York, Ness serves our customers
across 11 innovation hubs in the US, Eastern Europe, and India. Combining our
core competence in engineering with the latest in digital strategy and
technology, we seamlessly manage Digital Transformation journeys from strategy
through execution to help businesses thrive in the digital economy. For more
information, visit www.ness.com.
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