Media RoomCorporate BackgrounderETNA Software is a leading supplier of custom enterprise-level software systems for financial organizations and other businesses. The company's expertise includes buy-side and sell-side e-trading software solutions,CRM and document management systems, online banking clients and sophisticated web platforms. Through its two R&D centers in Eastern Europe, ETNA Software offers cost-effective SQA, software development & software reengineering services. Technology- wise the company is focused on Microsoft .NET and SUN Java/J2EE, butalso has rich practical experience with Oracle, IBM and various open source technological solutions. ETNA Software services include:
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13 November 2008 ETNA Software becomes a member of FIX Protocol Limited Saint-Petersburg,Russia - 13 November, 2008: ETNA Software, a leading electronic trading software development company, has become a member of FIX Protocol Limited (www.fixprotocol.org). ETNA Software is an active member of FPL-FpML Collaboration, Web Services and Algorithmic Trading working groups, as well as GTC FIX 5.0 Usage and EMEA committees. Since 2004 ETNA Software has been actively developing custom software solutions based on Financial Information eXchange (FIX) protocol for sell-side and buy-side organizations in the US. As a result of these efforts, the financial software developer acquired the knowledge that could be contributed to make FIX better. Thus the company decided to join FIX Protocol Limited (FPL) - the organization that connects buy-side, sell-side, vendor and exchange communities with the goal to improve FIX protocol. "The decision to become an FPL member has become obvious at some point as we saw an opportunity to contribute our "field" knowledge of how financial organizations should better work with both FIX specs, FIX integration and FIX routing components" - comments ETNA Software CEO, Roman Zhukov. "FIX protocol has already become a de-facto standard in the US and is quickly gaining ground in EU. For example, we see FIX connectivity as a very cost effective solution for European prime brokers that want to grab liquidity from multiple trading venues" - adds ETNA Software VP marketing, Alexey Linkov. About FIX Protocol FIX is the industry-driven messaging standard that is changing the face of the global financial services sector, as firms use the protocol to transact in an electronic, transparent, cost efficient and timely manner. FIX is open and free, but it is not software. Rather, FIX is a specification around which software developers can create commercial or open-source software, as they see fit. About ETNA Software Established in 2002, ETNA Software is a rapidly growing software development company, specializing in custom trading software, online banking solutions, CRM and document management systems for financial organizations.
11 November 2008 ETNA Software launches a software development center in Belarus Saint-Petersburg,Russia - 11 November, 2008: ETNA Software, a leading supplier of complex custom software solutions for US and European businesses, announced today the launch of its offshore software development center Software to tap into new IT talent necessary to expand the company's outsourced software development services which are in high demand. Since the beginning of 2008 ETNA Software has seen extensive growth and more than doubled its operations in St. Petersburg, Russia. The offshore software developer now expands to Belarus with the goal to fill the market demand for high quality application development outsourcing services. "The new software development center will certainly further fuel ETNA Software growth and, what is very important for our clients, will help us mitigate the risks associated with the reliance on one country's economy in the face of financial crisis" comments ETNA Software CEO,Roman Zhukov. Established in 2002, ETNA Software is a rapidly growing software development company, specializing in custom trading software, online banking solutions, CRM and document management systems for financial organizations. ETNA Software helps US and European businesses such as a NASDAQ Platinum broker or a multinational insurance corporation to build innovative,one of the kind products & services for their customers.
05 August 2008 ETNA Software expands business, moves to a new location Saint-Petersburg, Russia - 05 august 2008: Due to the expansion of business, ETNA Software, a developer of business software solutions for financial sector, has moved to a larger office space located in the historical center of St. Petersburg. ETNA Software's rapid expansion in 2008 prompted the company to relocate its facilities to three times larger office space. Offshore developer known for its expertise in custom financial software now occupies the whole floor of the renovated 19th century factory building. Larger office space will allow the software maker to facilitate research and development within the company as well as dedicate more space to in-house seminars. "Our strategy is to grow software engineering talent in-house so we now will have more space to hold on-site learning sessions and seminars on prominent software technologies in such high priority fields as FIX protocol, automated stock market analysis and distributed stock quotes' processing" commented Roman Zhukov,CEO of ETNA Software. Established in 2002, ETNA Software is a rapidly growing software development company, specializing in custom trading software, online banking solutions, CRM and document management systems for financial organizations. ETNA Software helps US and European businesses such as a NASDAQ Platinum broker or a multinational insurance corporation to build innovative, one of the kind products & services for their customers.
11 June 2008 ETNA Software becomes a full member of Russian Software Developers Association Saint-Petersburg, Russia - 11 june 2008: ETNA Software, a developer of end-to-end software solutions focused on financial sector, has become a full member of Russian Software Developers Association (RUSSOFT), thelargest alliance of ITO providers that connects innovative software development companies from Russia, Byelorussia and Ukraine. Gaining full membership status in reflects ETNA Software's commitment tobuilding long-term relationships with ITO industry media, analysts and to sharing the best practices with peers. RUSSOFT membership will empower ETNA Software to deepen the knowledge of customer therefore allowing the company to deliver more value for each client. Roman Zhukov, CEO and President of ETNA Software said: “Our team is delighted that ETNA Software has been awarded full member status. RUSSOFT membership gives a unique opportunity to gain in-depth knowledge of ITO industry and exchange best practices both in process excellence and marketing communications.” Established in 2002, ETNA Software is a rapidly growing software development company, specializing in custom trading software, online banking solutions, CRM and document management systems for financial organizations. ETNA Software helps US and European businesses such as a NASDAQ Platinum broker or a multinational insurance corporation to build innovative,one of the kind products & services for their customers. RUSSOFT Association is the nation wide alliance of the most technically competent software developing companies from Russia, Belorus and Ukraine. The association maintains high levels of international standards, professional training and quality control, whereas member companies are the absolute leaders by CMMI/ISO compliance in Europe. RUSSOFT members have been providing sophisticated custom software solutions for such companies as IBM, Boeing, SAP, Procter&Gamble,Italtel, CSC and others.
22 September, 2007 Simple, stress-free way to develop successful outsourcing relationships St. Petersburg, Russia. September 22, 2007 - ETNA Software, .net and java solutions provider, revealed insights on why many offshore outsourcing initiatives fail even before they take off. Among top issues are the lack of trust between parties, ad hoc outsourcing management and client's sole focus on price. Particularly,ETNA Software revealed that establishing the culture of transparency and trust on both sides is vital for outsourcing success. Roman Zhukov,CEO & President of ETNA Software: "Actually, the most successful projects we have accomplished had less control and more productive cooperation. On the contrary, the failed projects had the following symptoms of mutual distrust, strain and resulting collapse:
"What could give you more information about a offshore vendor's processes, and more reasons to trust them, than low-risk short-term initiatives with potentially attractive service providers?" comments Alexey Linkov,VP Marketing at ETNA Software. It is said that offshore outsourcing, particularly handing off the development of software solutions to third party offshore, has now become a commodity. Surprisingly enough,48% of ITO/BPO buyers feel they lack experience to go offshore and another 37% confess they lack skills to manage outsourcing, according to the recent PriceWaterHouseCoopers survey . Visit ETNA Software's “Smarter Sourcing” website now to learn other insights on why outsourcing projects fail and how companies can mitigate risks associated with offshore software delivery. | |||||||
