Thesys Technologies (@ThesysTech) | Twitter
Thesys Technologies, with more than 300 employees has significant experience in offering end-to-end Temenos services including implementation, training, testing, upgrades, product customization, support and maintenance and runs a specialized service delivery platform for T24 - an advanced banking system, in addition to providing specialized tools supported by Thesys Solutions Centers.
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"We are thrilled with the accomplishments of the Thesys team and their technology, as we were able to launch a new, leading-edge version of Millennium within a short timeframe and at a reasonable cost," said , Convergex managing director and head of electronic execution. "Not only are our clients benefiting from the improved stability and extremely fast response times, but TheME's configurability will make it easy for us to introduce exciting enhancements to the platform in the future."
Who is Thesys Technologies? , the Red Bank, New Jersey HFT operation that was hired in 2012 to license the MIDAS system to the the SEC. MIDAS, if you recall, is the data solution involving fast feeds that gives the SEC its ability to monitor quotes and trades at the same speeds the HFT firms do. Tradeworx not only provides the SEC with the fast feeds to view the limit order book as HFTs do, it also provides the analytic tools, and the framework and context to draw conclusions. MIDAS also powers the SEC’s market structure website, which consistently puts out analysis that demonstrates that HFT is not the villain it is portrayed to be.Capgemini, consulting, technology and outsourcing services provider, has acquired the India-based IT services company, Thesys Technologies (Thesys), a Temenos-certified services partner that provides banking implementation solutions to the global financial services industry.If deployed correctly, the capabilities of the Cloud to provide a secure platform are remarkable. In some ways, it is easier to create a secure system in the Cloud than in a data center,but the question is—are the banks ready to commit? Five years ago when we discussed utilizing cloud technology with CIO’s and other senior technologists at big banks, they would say, “We can probably never use that.” Today, when we speak to those executives we hear, “Well, eventually we will have to be able to use it, but for now, compliance is holding us back.”Leigh has been involved with USL since its founding in February of 2007, and she is in her second tour of duty on the Board. She graduated in 2003 from Clemson University with a BS in Accounting and is currently working as the Controller at Thesys Technologies. In her childhood, she swam for the Snee Farm Swim Team for 12 years and then assisted Jason in coaching for an additional 4 years. Currently, Leigh resides in Mt. Pleasant with her husband and three sons. Thesys Technologies, with more than 300 employees has experience in offering end-to-end Temenos (SWF:TEMN) services including implementation, training, testing, etc., in addition to providing specialized tools supported by Thesys solutions centers.Chennai: French IT services company Capgemini has acquired Thesys Technologies Private Ltd, a Chennai-based IT services company, to strengthen its global delivery capabilities for Temenos-enabled core banking solutions and product offerings. The company did not disclose financial details of the deal to acquire the 100 per cent stake in Thesys.Many organizations have implemented Agile Development methodologies to address changes in business requirements faster and deliver value earlier. Technology should not be viewed as a cost center or support function for the business, but as the primary platform to provide and deliver products. To stay competitive, business leaders need a deep understanding of their business and the technology landscape as a whole. The role of the CIO is changing—it is not just about delivering technology, but about having a deep understanding of the business problem to be solved.Manoj Narang, CEO of Tradeworx, Inc., the parent company of Thesys Technologies, said: “We are delighted to partner with BGC in building the fastest microwave information network between Chicago and New Jersey, paving the way for improved price discovery and trading. We anticipate continued improvements in speed and reliability for the network based on the unique technology advantages that Thesys offers to its clients and partners.”Regulators still have to choose who will build the system, a decision that could come late this year or early in 2017. A selection committee has narrowed the choice to three bidders—the Financial Industry Regulatory Authority, Inc. unit SunGard and Thesys Technologies LLC.About Thesys Technologies
Thesys Technologies LLC is the infrastructure affiliate of Tradeworx, serving the high-performance technology needs of market participants with the mission of democratizing the spread of top tier technology within the financial sector. Thesys offers the fastest and most comprehensive front-to-back trading solution on the market, putting investors and traders on a level playing field with the world’s most sophisticated HFT firms. Thesys maintains a leadership position within the automated trading industry and its systems currently handle 4-5% of US Equities total daily trading volume.