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ATSMAI Technology partners with Aditi
By siliconindia
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Thursday, 15 July 2004, 19:30 IST
BANGALORE: ATSMAI Technology, a French corporation, announced its partnership with ADITI Technologies, in Bangalore, India, to design and develop a much-needed financial software suite (MAI OFFICE). Aditi Technologies will own the entire delivery cycle of Atsmais financial products.
With this real time solution, Atsmai will open a whole new horizon for traders, providing speed, reliability, and a new level of standardization for a more efficient flow of information. This product is targeted towards all financial instruments traded in the world renowned stock markets. EX: GL Trade, TradingScreen, Reuters, Bloomberg, Ullink etc.
By selecting ADITI Technologies, ATSMAI has ensured a conception and development team of the highest level that will aim at adding optimum value through innovation and changing market needs.
MAI OFFICE includes on the one side, MAI XLS : Trading interface made to measure, multi markets, multi real time flow, multi providers through Excel and on the other side, MAI TRADEMATE : Trading assistant and process modelling for simple trading or complex trading (pair, hedge, V Wap, basket, or « made to measure »). It is furthermore, a powerful engine for trading algorithms.
Stating his views on this partnership, Jacques Kluger, founder and CEO, Atsmai said, With ADITIs help, we are sure to build a strong development team to respond to the technological and functional challenges of our clients. ADITI is the key for us to become the known reference in real time management and application development systems within the world of finance
Romain Axel, founder and COO, Atsmai, further added, With ADITI, we can address the changing needs of the financial industry by supplying intuitive development tools for even the least computer-savvy trader to develop sophisticated trading models. The year 2004 will be the confirmation of our place in the software market aimed at market operators.
Pradeep Singh, Chairman & CEO, Aditi Technologies, said, " Recently, with the europeon markets opening up to the concept of outsourcing product work to India, we see an interesting trend emerging in the outsourcing industry that truely puts India in the world map of high end product development capability. Ten years ago, Aditi was founded with the mission to build world class software product development teams in India. Today our partnership with Atsmai is another proof that Aditi is successfully accomplishing its mission of injecting software product development capability in India Inc."