big xyt named in list of The Most Influential Technology Companies 2020Wendy Gyngell
Robin Mess, our CEO talks to Financial Technologist
What was your highlight of 2019 as a company?
Having a large international financial institution going live with our API for advanced execution analytics at the beginning of the year was a great way to start.
Throughout 2019 we have on-boarded a record number of new clients and have been very pleased to be nominated and more importantly win a number of industry awards in recognition of our reputation for delivering independent analytic solutions.
Becoming the de-facto reference for all major European exchanges has been the icing on the cake.
What does 2020 hold in store for the business?
We already see a growing trend for outsourcing data analytics. By delivering our solutions as a trusted and independent partner we are able to facilitate the business transformation our clients need by allowing them to concentrate on their own proprietary needs.
New and existing clients have just scratched the surface of the capabilities we are able to deliver and we are looking forward to working with them to grow our businesses together.
What do you think will have the biggest impact on the industry in 2020?
Global instability and regulatory alignment will continue to challenge the investing community. The reassurance that their trading analytics is good hands allows clients to concentrate on delivering demonstrate innovation to their own clients.
Where do you see the key trends for the year ahead?
We believe that the continuing growth of outsourcing specific tasks to independent specialist providers such as big xyt will reduce cost, increase productivity and minimise internal dependencies thereby contributing to the firm’s competitive position.
What obstacles do you think financial technology companies will face in 2020?
Cost and quality of the raw data is still a major hurdle from vendors to end users. “If data is the new oil – who is doing the refining?”
Finding and retaining quality staff will become harder. We are very fortunate that we have very good relationships with universities and our team has exceptionally good networks of like-minded and technically qualified individuals.
This article was first published in The Financial Technologist – to read the full magazine click here