Headstrong, a global consulting and IT services company with a specialized focus on financial services, and Sybase, Inc. (NYSE: SY), an industry leader in delivering enterprise and mobile software, today announced a strategic partnership to leverage Headstrong's deep domain expertise in capital markets and securities in concert with Sybase's financial services solutions.
"One of the compelling reasons we wanted to work with Sybase was how closely their vision for capital markets matched ours. We have great respect for the innovation of the Sybase technology stack within financial services," said Acky Kamdar, Managing Director, North East Operations, Headstrong. "We chose Sybase for its high performance and proven data warehouse and analytics platform. Sybase RAP's strategic market data platform consolidates and centralizes market data management and is the only platform offering ultra-low latency time series analytics and the ability to perform time series analysis over decades of market data."
The Sybase-Headstrong partnership will span multiple verticals within the financial services industry, including risk management, regulatory compliance, market reference data management, prime brokerage and derivatives. The partners will leverage Headstrong's financial services team, composed of over 1,250 financial services domain leaders and technical experts, both in the US and at offshore centers in India and the Philippines.
"Together, Sybase and Headstrong bring a powerful blend of solutions and implementation to our customers around the areas of risk management, compliance and advanced trading systems," said Steve Capelli, president, worldwide field operations, Sybase. "We're excited about this strategic partnership and look forward to working closely with Headstrong to successfully address our clients' most pressing needs."