In other FinTech news, Microsoft is expanding its R3 DLT relationship, and testing vendor Esprow upgrades its ETP Studio for the FIX protocol.
Dynatrace Declines to Reveal Qumram Acquisition Price
Dynatrace, a digital performance management vendor, has acquired Qumram, a privately held company offering session replay technology for mobile and web applications, officials say.
“With the addition of Qumram’s technology and intellectual property, Dynatrace will further expand its digital experience capabilities by providing the ability to visually replay a user session, within the existing Dynatrace platform,” officials say. “Qumram’s product will be re-engineered and will form part of an expanded digital experience analytics offering that will be announced early next year.”
“With the addition of Qumram’s IP [intellectual property] and engineering talents, we look forward to extending our digital experience leadership with advanced behavioral analytics that will combine session replay with our unique AI [artificial intelligence] analytics capabilities,” says John Van Siclen, Dynatrace CEO, in a prepared statement.
The acquisition will enable Dynatrace to “double Qumram’s existing engineering team in Barcelona in the coming year,” officials say.
“The technology fit is identical to what we believe at Qumram, where every user’s experience is captured, analyzed and able to be replayed on demand,” says Qumram CEO Patrick Barnert in a statement. “We look forward seeing our vision for the product accelerate with Dynatrace’s global reach and customer base.”
Dynatrace officials say they will “reveal the vision and roadmap for its extended digital experience offering at its global user conference, Perform in Las Vegas on January 29.”
R3 and Microsoft Expand Strategic Partnership for Azure
Blockchain pioneer R3 and Microsoft are expanding their strategic partnership to hasten the acceleration of R3’s Corda distributed ledger technology (DLT) platform among businesses that use the Microsoft Azure cloud computing services.
“Having worked together since April 2016, the partnership will now offer deeper integration of the Corda platform with Azure making it easier for businesses to deploy underlying computing resources for blockchain networks. The expansion reaffirms Azure as R3’s preferred cloud provider,” officials say.
R3 and Microsoft officials say that the deployment of Corda and Corda networks on Azure will continue and will offer new functionality to “enable businesses to quickly and easily set up Corda nodes and networks … when adopting distributed ledger-based platforms,” officials say.
Clients will also be able to leverage tighter integration, Corda’s integration capabilities with Azure services including the Microsoft SQL Database, officials say. Future integrated services include Azure Active Directory, Key Vault, and Express Route. “This will enable developers to design and build apps on Corda, known as CorDapps, using familiar tools,” according to vendors.
“By expanding our partnership with R3, we’re making it easier for our customers to harness blockchain technology on Microsoft Azure so they can focus on building real-world business solutions, applications and pilots,” says Peggy Johnson, executive vice president, Microsoft, in a prepared statement.
Esprow Upgrades Testing Tool to Cover FIX Performance
Esprow Pte. Ltd., a testing technology vendor for the financial markets, has released version 3.0 of the Enterprise Testing Platform (ETP) Studio for FIX, which includes more testing solutions for MiFID II compliance, officials say.
The Esprow ETP system automates testing, simulation and certification of trading components “across a wide range of financial messaging protocols, including FIX,” officials say.
The new version of ETP Studio for FIX offers “more than 200 new features, with a focus on ad-hoc testing of FIX APIs, generation of test results and test specifications, and emulation of more than 70 new FIX venues and binary exchanges,” officials say.
“Users of ETP Studio for FIX can leverage these new capabilities to advance their path towards DevOps automation, by simulating both client’ FIX flow and trading venues’ responses, using both FIX and native binary protocols,” vendor officials say.
“Furthermore, additional reporting features help fulfil obligations under MiFID II, including generation of reports and storage of test results, to support the compliance department,” according to Esprow.
“As in the past, the evolution of our solutions was driven by our users’ feedback. We will continue to work with our clients, who include investment banks, trading venues, and technology vendors, to ensure enhancements to our products remain aligned with their needs, with special attention in supporting fulfillment of their requirements under MiFID II,” says Francesco Lo Conte, managing director at Esprow, in a statement.
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