On the third of April, 2008 EPAM Systems Inc. announced the acquisition of B2BITS Corp, a provider of solutions and consulting services to capital markets organizations within the financial services sector. Since its foundation in 2000 B2BITS has been known for its unexceptionable performance delivering pre-built solutions, customizable frameworks, specialized testing tools as well as process consulting for Client Connectivity, FIX, FX, Options, Fixed Income, market data feeds, exchange gateways and electronic payment services.
The acquisition allowed EPAM to combine the extensive domain knowledge of B2BITS and EPAM’s high- qualified team of software engineers developing, maintaining and supporting mission critical applications for the Financial industry. That’s good news for both current and prospective clients from financial services industry as EPAM now covers the entire value chain starting from expert analysis and consultancy to the development, maintenance and 24/7 support.
As Mark Bisker, the head of EPAM’s new Competency Center and CEO of B2BITS Corp, said: “By leveraging the scale and experience of the most disciplined and efficient software engineering organization in the region, we can now better leverage our domain knowledge and consulting skills.” In his turn Arkadiy Dobkin, CEO and President of EPAM Systems, noted: “The management and consulting teams from B2BITS significantly enhance EPAM’s expertise and capabilities in this important market segment”.
Source: EPAM Systems, Inc.
The acquisition allowed EPAM to combine the extensive domain knowledge of B2BITS and EPAM’s high- qualified team of software engineers developing, maintaining and supporting mission critical applications for the Financial industry. That’s good news for both current and prospective clients from financial services industry as EPAM now covers the entire value chain starting from expert analysis and consultancy to the development, maintenance and 24/7 support.
As Mark Bisker, the head of EPAM’s new Competency Center and CEO of B2BITS Corp, said: “By leveraging the scale and experience of the most disciplined and efficient software engineering organization in the region, we can now better leverage our domain knowledge and consulting skills.” In his turn Arkadiy Dobkin, CEO and President of EPAM Systems, noted: “The management and consulting teams from B2BITS significantly enhance EPAM’s expertise and capabilities in this important market segment”.
Source: EPAM Systems, Inc.
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