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Dr. James Willder, APAC Head of Banking and Capital Markets

Luxoft, a DXC Technology Company, is a digital strategy and software engineering firm providing bespoke technology solutions that drive business change for customers the world over. Luxoft uses technology to enable business transformation, enhance customer experiences, and boost operational efficiency through its strategy, consulting and engineering services. The company combines a unique blend of engineering excellence and deep industry expertise, specializing in automotive, financial services, travel and hospitality, healthcare, life sciences, media and telecommunications.

Established in 2007 as part of the wider Luxoft group, Luxoft Singapore has proven very successful at exhibiting the problem-solving culture and engineering talent that Luxoft is known for. The Luxoft Group has a 20 year pedigree of serving many industries globally, while Luxoft Singapore is focused on the Banking and Capital Markets domain with its strong, diverse and cross-cultural team that has grown to over 350 professionals. These specialists provide services in the heart of Singapore’s major local banks making Luxoft Singapore one of the country’s leading IT consultants.

Speaking about a Singapore-based acquisition, Dmitry Loschinin, Luxoft President and CEO said, “Our Company is building its presence and the delivery platform in APAC”. The Singapore office is set to become the main hub for Luxoft’s business activities throughout APAC, with the expansion of engineering services, data analytics and core banking spaces such as Avaloq and Temenos

Luxoft Singapore specializes in analytics and core engineering services with a particular emphasis on treasury, trading and risk, core banking, and bespoke technology solutions: The scope of cross-industry experience makes its services very attractive to market leaders from numerous industries. Luxoft provides global pools of top engineering talent with hybrid on / offshore engagement models and outstanding retention, allowing businesses to benefit from world-class solutions and competitive pricing.

Dr. James Willder, APAC Head of Banking and Capital Markets, says, “Locally, we have specialists in trading and risk solutions, especially around Murex. More than 250 Luxoft Singapore employees are working in Singapore’s biggest banks driving transformation and regulatory agendas in the systems at the core of trading.”

Benefitting the Clients

Clients value their strategic partnership with Luxoft Singapore, benefitting from analytics and engineering solutions that drive business outcomes and help in navigating the market. The team’s experienced consultants, engineers, and analytics professionals (backed by deep technical and industry expertise) deliver business-critical solutions that enhance client experience, provide digital products, and enable smart platforms.

Luxoft Singapore’s prime focus is to satisfy its customers by providing a full-value proposition that includes end-to-end offerings underpinned by unique and exclusive relationships with IP vendors. With its combination of deep banking and capital markets experience, plus expert engineering knowledge, Luxoft provides a trusted end-to-end partnership that goes from consulting to transformation and operation, and includes options for the level/style of outsourcing. It has a global client-service model with a holistic view to support complex globalized customers with their needs across all locations. The company performs Agile decision-making from commercially-incentivized delivery teams, and has a right experienced diamond aligned team of engineers– this enables the successful delivery of the most complex projects.

Navigating through the Pandemic

“Luxoft was built on the philosophy of having a distributed workforce – lots of people work on clients’ sites around the world – what this means is we’ve always had strong tooling and a good process of support for remote/offsite workers,” asserts Dr. Willder. The culture and infrastructure from this background help the team to work efficiently despite the challenges posed by the pandemic. The company has continued to successfully deliver high quality and efficient solutions to clients during the pandemic by applying its highly effective modern workplace and mobility solutions.

Some of the company’s core principles regarding mobility solutions are:

  • Redefining the way we work – finding unique ways to enable employees to work where and how they want, often using best-of-breed technology.
  • Engaging and inspiring employees – showing consistent and enhanced understanding, care and commitment with toolkits and well-being resources.
  • The best technology – empowering a seamless global workforce during the pandemic.

“These modern workplace solutions provide best-in-class security and well-being conditions – keeping our employees (and information) safe and protected. We often ask for employee feedback so we can adapt and improve – that’s how we’ve always operated and how we continue to deliver high-class services despite the pandemic,” affirms Dr. Willder.

For a Better Future

Dr. Willder has ambitious plans for Luxoft Singapore. He aims to double the size of the business to 600 professionals within the next 1-2 years. He also plans to further the evolution of the offerings and to focus on the company’s differentiated business model with expansion of data engineering, big data, and core banking platforms.

“We believe we can better service our clients by being involved in the initial decision-making process – using our expertise and experience from other client journeys to suggest solutions and then implement them. We’re ready to engage all the way up to – and beyond – CIOs, to get to the point where we start to look at client-driven problems, rather than providing only solutions,” concludes, Dr. Willder.


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