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Nxtera & Doran Jones Enter Strategic Partnership to Help Firms Manage Risk

Posted 25/10/16

Solving compliance and business risk and improving operational quality.

Nxtera, a global RegTech company delivering agile software solutions to protect trading firms from risk and penalties associated with regulatory compliance, announced today its strategic partnership with Doran Jones, who specializes in business analysis to ascertain technology risk that often afflicts financial firms, and provides software testing and development associated with those complex environments.

The partnership offers a comprehensive solution for financial firms to assess, validate, correct and assure compliance against the multiple regulatory regimes and associated audits they are subject to, thereby vastly reducing the potential financial, operational and reputational risk associated with non-compliance.

Headquartered in New York and operating globally, Doran Jones’ unique approach to testing and development helps its customers improve the quality of their IT infrastructure and processes, reduce risk associated with performance degradation and pass internal and external audits which are becoming more frequent.  Combining Doran Jones’ subject-matter expertise and high quality software engineering skills with Nxtera’s automated monitoring and testing enables customers to improve the quality of their infrastructure and user experience by offering the following:

Pinpoint technology, service and process vulnerabilities quickly

Streamlined programs to address and resolve identified problems

Continual monitoring to assure services and policies are aligned

Skilled resources to deploy and manage testing

Supporting evidence and reports to underpin regulatory demands

 “We typically find a tangled web of technologies that inhibits optimal processing of data and substantially increases the risk factors during our initial engagement, then look to implement a solution that addresses the business risks and to improve functionality and efficiency”, said Matt Doran, founder and chairman of Doran Jones. “Nxtera’s automated compliance software takes our testing to another level by interrogating the services being delivered across the technology.”

Andrew Lamb, founder and managing director of Nxtera added, “Both Nxtera and Doran Jones are specialized companies delivering sophisticated software solutions to expose and correct vulnerabilities and safeguard financial and enterprise firms from unnecessary risk.  These synergies ultimately benefit the customer by ensuring critical communications services and the business data they deliver are fully operational and error free.”

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