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Deltix announces acquisition by EPAM Systems Inc.

Deltix, Inc, announces that the company has been acquired by EPAM Systems, Inc, a provider of digital platform engineering and software development solutions. As part of EPAM, Deltix will establish a real-time computing laboratory to provide a centre of excellence for industry-leading real-time event processing and analysis. The lab will focus on capital market trading, risk and market data, as well as crypto trading, the Internet of Things and real-time signal processing.

Balazs Fejes, executive vice president of EPAM Systems, Inc. and co-head of global business, said: “We are pleased to welcome Deltix to EPAM. Deltix’s extensive experience in quantitative research, algorithmic trading and execution analysis will be a growing financial technology for EPAM An important complement to our business, while also enabling us to extend these capabilities to other industries where real-time event processing is critical. With our comprehensive expertise, we look forward to assisting our global customers with actionable events through event-driven data analysis Intelligence.”

Deltix will continue to grow its current business of providing software and services to systems and algorithmic trading customers, while EPAM will leverage Deltix’s technology and expertise in different business areas that span multiple industries including financial services, tourism and hospitality, Retail and distribution, media and entertainment, business information services, healthcare and life sciences, energy and utilities, insurance, automotive, software and high-tech.

Ilya Gorelik, founder and CEO of Deltix, said, “We are very excited about joining EPAM. With EPAM’s extensive software engineering and delivery capabilities, we will be able to expand our existing real-time event processing and analytics for current and future global customers. Software and services business. ”

To learn more about EPAM, visit www.epam.com.

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