Lab49 is a specialist consultancy that designs and develops bespoke and innovative technology solutions in partnership with key participants in financial markets.
We have developed proprietary expertise in key areas that are radically reshaping financial markets, allowing us to deliver exceptional value for all our clients.
Digital disruption continues to transform financial markets, with the ongoing digitalization of market functions demanding innovation from all participants. As one of the first significant enterprise UX and digital distribution practices established on Wall Street, we help our clients to identify and design new digital services that offer a best-in-class user experience.
The speed of technological advancement and intense competition in financial services has increased the pressure on participants to devise and build new products swiftly. Working with the world’s leading investment banks and buy-side firms, Lab49 draws on an unparalleled understanding of domain-specific requirements to deliver technical front-office solutions built on agile, evolutionary architecture.
The evolution of banking technology has often inadvertently created legacy systems that are complex, unwieldy, and ill-suited to the business’s current commercial priorities or market landscape. To successfully achieve the gold standard of a leaner, more manageable technology estate, we deliver programs that consolidate business activities and data into centralized applications and repositories.
Financial institutions that have invested significant time and money into consolidating data into a centralized ‘single source’ encounter significant challenges in cleaning, structuring, managing, and accessing their data. At Lab49, we build forward-looking data architectures to enable effective data consolidation, but are also dedicated to moving beyond these problems, helping to realize value from that data and impart data science capabilities to our clients.
The transition to cloud-native systems is complex but increasingly urgent within financial markets to expedite software development, replace legacy applications, and reduce costs. Lab49 employs a deep expertise of cloud architectures and DevOps to overcome technical challenges and build infrastructures that support the continuous integration, delivery, and deployment of new applications.
Global financial markets are governed by constantly evolving regulations. Compliance is made even more challenging by the development of increasingly complex technological systems. Combining technical understanding and business strategy expertise, our specialists anticipate the implications of incoming regulations and help each client implement a right-sized response.
We offer integrated expertise across product strategy, design, engineering, data analytics, and delivery management. Lab49 partners with clients including banks, asset and wealth management firms, exchanges, FinTech businesses, and corporates to support mission-critical innovation. We work under a range of flexible engagement models, with a commitment to underwriting delivery and sharing risk. We have a proven track record of successfully collaborating with our clients’ business and technology teams, always driven by their specific needs. This ranges from bespoke large-scale end-to-end programs to right-sized engagements around specific offerings.
Strategy and Product Development
Lab49 brings together professionals with deep domain expertise and unparalleled capabilities across strategy consultancy, design, and product development. Drawing on our established industry leadership in design thinking, we support clients in the visioning and design of new products, as well as the strategy development, functional and technical architecture, backlog development, and business process design.
Data and Analytics
We regularly deliver programs to consolidate an organization’s data and to restructure and optimize its management throughout the entire data lifecycle. Effective data consolidation and management serves as the platform for our primary aim of deploying analytics, artificial intelligence, and machine learning technologies in a way that can enable our clients to extract value and drive enhanced performance from their data.
Product Design and Innovation
Capitalize on opportunities and bring innovation to market. We use cutting edge research, quantitative modeling, and human-centered creativity to fuel a targeted strategy and help our clients turn their most complex problems into long-term value.
Our team of technical specialists provide bespoke full-stack software development capabilities, spanning workflow automation, cloud and DevOps, specialist technologies, and UI and UX. Lab49’s outstanding design and engineering capabilities, epitomized by a founding team with end-to-end experience in software delivery, allow us to understand our clients’ technology needs and get their new systems right at the first time of asking.
We provide clients with the wide array of services required to fully integrate new systems, from front to back, following their implementation. These include architecture optimization; business process re-engineering; go-live orchestration and post go-live support; end-to-end testing; custom enhancements and bespoke development; user set-up and entitlements; and customized information presentation through tailored reports, dashboards, and workflows.
Having delivered hundreds of projects for leading institutions in financial markets since 2002, we are well-versed in program setup and governance, we were among the industry’s first movers in agile delivery management, and we reliably manage test strategy and testing automation. Our ethos is to take whatever steps are necessary to accommodate changes and successfully deliver a project within the agreed scope, timings, and cost.