I recently had a call with Altamira, an Eastern European software development and services firm comprised of over 120 employees with offices in Slovakia, Ukraine and Switzerland. One of Altamira’s focuses has been on building solutions in the commodity area and in particular, in credit and market risk. Indeed, it is currently building a credit/market solution for the broader market I was told by Andrius Keblas and Ievgenii Protsenko. The firm is led by CEO Dmytro Kushnir, formerly of LuxSoft, and is comprised primarily of software developers offering custom software development and related services. However, it had identified an area of opportunity where it had expertise and skills in credit and risk management where it is currently advanced in building a comprehensive solution. With one customer for the software and a growing pipeline, it is in the process of transitioning to more of a vendor-based approach for its solution, they told me. Ievgenii explained that it’s deeply experienced team and competitive pricing were differentiators in the market. Additionally, due its LuxSoft connections, it has experience at managing complex projects on an enterprise level and a positive track record implementing risk solutions, he told me. Despite originating in eastern Europe it… continue reading