Eikos Partners (www.eikospartners.net) a leading innovative business consulting and project-based technology services to large investment banks, hedge funds and asset management organizations, was chosen by Windows in Financial Services, “The Source on Microsoft Technologies for Financial Services,” to receive a 2009 WFS Innovator Award. The ceremony will be held at SIFMA’s Technology Management Conference and Exhibit in Microsoft Corp’s suite at the New York Hilton. Eikos Partners was selected for its development of financial applications for trading on Microsoft Silverlight.

Criteria for judging and selecting were based on the end result enabling a concrete resolution to an impending issue, solving practical business problems. Winners were selected for clearly implementing technologies on the Microsoft software platform that will redefine a new tomorrow in technology and demonstrate a clear-cut advantage in their particular sectors of the marketplace.

Eikos Partners was recognized for developing a zero-touch equity trading system running on Microsoft Silverlight with tick-by-tick position, P&L and sophisticated stock charting that allows users to annotate charts with news and even online chat sessions. The charts update in real-time, and the news and annotations made by users appear on the charts immediately. In addition, moving a mouse over a stock instantly brings up a choice of buy and sell actions, allowing users to make trades in a single click. The system culminates a year of work by Eikos Partners in studying different possibilities for Silverlight. The system also uses Enterprise Gateway from Kaazing to push real-time updates to the client, and Microsoft Azure for back-end processing.

“Silverlight is emerging as one of the most scalable and flexible visualization platforms for the financial arena, and Eikos Partners has been one of the pioneers in program development and customizing solutions,” said Craig Saint-Amour, U.S. capital markets industry solutions director, Microsoft Corp. “Its award winning technology reflects the key elements that are important to financial organizations: ease of use, rapid updates, and ability to process and share data in a customized environment.”

“We’re honored to be recognized by Windows in Financial Services,” said David Lattimore-Gay, Senior Partner, Eikos Partners. “Our approach redefines how real-time applications will be built, and raises the bar dramatically on performance, speed, availability and reliability, and most importantly, the user experience. Our goal is to future-proof functionality to parallel the presumed expectations that users demand as the scope and capabilities of financial technology services grows.

“We believe that the next generation of client side applications will have to have real time data, news and transaction services as a means of competing for market presence,” added Lattimore-Gay. “Web delivery means that solutions have to be reliable and have true scalability, as well as be technically agnostic. Kaazing fully meets those needs.”

“Eikos has utilized the Kaazing Enterprise Gateway for what it does best—creating an entirely new user experience that’s only possible with low-latency delivery and reliable two-way communications,” said Jonas Jacobi, CEO of Kaazing.

“Innovation at the financial sector is proving to be a challenge accosting all entities in the financial realm, especially due to an economy that has had seismic rumblings,” said Joe Viviani, publisher, Windows in Financial Services. “This year’s 2009 WFS award winners were able to capture, isolate and overcome a business issue with a solid innovation – and extended its capabilities beyond the traditional limits. Whether on a local or global scale, each of these winners has been able to seamlessly integrate their new technologies into the daily workflow DNA and as a result, save time and worry. We salute all the entries and the winners who took the time to utilize their resources through the Microsoft technology platform to find the right business answer for their distinct business needs.”

About Windows in Financial Services Magazine

Windows in Financial Services is the “Source on Microsoft Technologies for Financial Services” and continues to capture and retain the attention of key decision makers in the Financial Services IT market, providing information covering the most important developments to meet the demands of an ever-changing Financial Services industry.

Issue by issue, we describe the latest trends, products and applications of technology solutions delivered by Microsoft and its expanding alliance of partners… from case studies detailing how applications developed using Microsoft technologies are providing readers across the capital markets, banking and insurance sectors with innovative and value-driven solutions, to market trends, industry analysis, probing roundtables and in-depth interviews with leading figures.

Cover to cover, in print and online, we enable readers to capitalize on the leadership of Microsoft and its partners in the Financial Services arena. For more information, please visit our Web site: www.windowsfs.com

About Eikos Partners

Eikos Partners provides innovative business consulting and project-based technology services to large investment banks, hedge funds (and related services companies) and asset management organizations. We represent one-stop shopping for the financial enterprise looking to build a new trading or risk management system. Our services range from gathering the business requirements through to the architecture, detailed design and implementation phases. Our partners have decades of experience delivering state of the art solutions for Wall Street. Not only is each team member a dedicated IT professional, but they are also experienced and well-versed in all phases of the financial market. This solid blend of expertise ensures customers they are getting service from people who know the ins and outs, terminology and what they really mean to a financial company. Eikos’ strength is working with clients in an open, pragmatic, realistic and honest capacity.

The Eikos approach to application development includes using agile techniques and software development frameworks which are customized to the nuances of the financial marketplace. For additional information, please visit www.eikospartners.net