Innovation

Lab49 helps clients effect positive change in their markets through technological innovation and a rich fabric of industry best practices and first-hand experience. From next-generation trading platforms to innovative risk aggregation and reporting systems to entirely new investment ventures, we enable our clients to realize new business opportunities and gain competitive advantage.

Lab49 is imbued with the spirit of innovation and has a consistent track record of transforming ideas into tangible business value. Leveraging talented people, a refined approach, and a single-minded focus on service excellence, Lab49 develops applications at the vanguard of software and hardware technology and delivers solutions that exceed the expectations of the financial services industry.

Lab49 consultants keep in tune with technology trends and developments and assess the latest research and vendor offerings in search of better ways to address the business problems unique to our financial clients. Many projects that begin inside the Lab graduate into key competencies that benefit our clients and contribute to the sophistication of our service offerings.

Innovations we have cultivated for our clients include:

Iterative Project Delivery

Best practices in software engineering have advanced beyond waterfall development, Gantt charts, and four-inch D-ring binders stuffed with requirements and specifications documents that would take months to complete before development could even begin. Our clients require a more flexible, more involving development process that limits risk, instills confidence, and provides rapid business value even in an environment that changes quickly. Lab49 has adapted a methodology of iterative project delivery, grounded in agile development and industry best practices and applied consistently in our engagements

Large-Scale Computing

High-performance computing. Grid. Distributed computing. Virtualization. Multi-threading. Parallelism. GPGPU. With the demands for enhanced performance, scalability, throughput, and reliability outstripping the capabilities of monolithic processors, these new concepts are being actively developed and applied within the financial services industry, forever changing the face of business-critical applications. Lab49 is a leader in large-scale financial computing.

Advanced Data Visualization with Windows Presentation Foundation (WPF)

Software applications in financial services must cope with and respond to vast volumes of data and complex business events. Current financial user interfaces, such as trade blotters and pricing screens, tend to pack their windows with dense, inflexible grids of numbers with little enrichment or visualization. They present data, not information. Lab49 leverages Windows Presentation Foundation to bring our financial clients a richer, more sophisticated user experience than could be previously achieved with Windows Forms and to do so with a faster time to market and a lower total cost of ownership.

Complex Event Processing (CEP)

Lab49 helps clients realize the potential of high-performance event-driven applications through the considered application of CEP technologies, large-scale computing, and advanced data visualization techniques. Lab49 intimately understands the range of functionality and subtleties of implementing the various commercial CEP technologies available today in the marketplace. Furthermore, Lab49 ensures that the information that end-users need in the next-generation of applications are delivered through a visually compelling, intuitive and flexible user interface in real-time.

Application-Driven Service-Oriented Architecture (SOA)

Lab49's Application Driven Service Architecture offering provides financial services institutions with a practical, application-driven approach to developing an enterprise software architecture. We adopt an iterative approach to designing and refining complex architectures whereby we use critical business functionality to drive the development of specific services and architectural components. While we advocate the adoption of standards and a reference architecture, it is imperative that the service architecture support the delivery of applications and also adapt to changes in business and market requirements.