Saven is transforming the financial technology landscape by building a cutting edge set of services, components and integration libraries that incorporate the tenets of both service orientation and rich interactivity. The initiative is christened “Yottatix”, which is essentially a name derived from two different words, namely “Yotta” and “Ticks”. “Yotta” depicts largeness of volume and frequency and “Ticks” symbolizes the market movement – i.e. up and down ticks.

Yottatix hits two birds with one stone. It makes both the developers and the users happy! It makes it easy for a developer to build highly performant and highly responsive applications, which interestingly require low maintenance and allows easy customization. It increases the productivity of the users by giving them the tools to manage large amounts of information efficiently and by facilitating effective decision quickly.

The services, components and integration libraries can be aggregated in a portal, integrated with legacy applications, plugged in with third party software or incorporated into custom applications. There are multiple programming interfaces (or APIs) in Yottatix. These include web services, RESTful URLs based HTTP calls, direct socket based connections, message oriented integration, service based interaction and remote object invocation. Integration with industry standard protocols and popular software applications is provided out-of-the-box. The primary technologies used in the stack are Java and Adobe Flex, but there are binding and interfaces for JavaScript and C#. Further, any JVM language like JRuby, Groovy, Jython or even PHP can be easily integrated on the server side.

The functionality covers all aspects of the banking, money management, brokerage and financial services business processes. This means the components and services include instrument information lookup, trading engines, portfolio management suites, risk and analytics platform, settlement services, gateway to market data and exchanges, money transfer systems, client data management applications and graphing toolkits. The list of all the features would run into pages, so are going to avoid doing that here.

Apart from your own deployment, you could also rely on the hosted, i.e. Software as a Service (SAAS), implementations. A retail consumption implementation is also going to be available soon.  If you have any questions or are interested in knowing more about Yottatix, then please contact us.  The implementation is flexible to the extent that it can be deployed in parts or whole.

Saven has been working on putting together a suite of components that will form an essential framework to develop a Finance Portal. Many of these components, both UI and Server side, will enable to quickly put together a Portal. These components can be customized to suit any specific needs. Typical UI components include: Quote Table, Graph, Order Entry… etc and Server side include: …. Etc.