ReadQ

From small broker/dealers to some of the nation’s largest regional banks – with thousands of trades per day – ReadQ enables financial institutions to manage their activities in a single application. The 40-year-old company has become a recognized leader in U.S. based fixed-income trading.

Challenge

ReadQ needed a more user-friendly, cost-effective, yet powerful reporting application for its financial industry clients.

Solution

Both Jaspersoft and Servoy are open source and have common backend technologies,making integration a seamless and quick process for ISVs.

Results

• Faster client on-boarding – ReadQ cut the time to give reporting functionality to a new client by approximately one month. Now, it’s instant access for anyone on the QTIX platform.
• Faster report deployment - ReadQ additionally reduces the time for clients to deploy a new report from an hour to about 15 minutes.
• New market opportunities - More user friendly reporting allows ReadQ to extend its platform to clients with fewer technical resources

Customer Quotes

With Jaspersoft in QTIX, users simply log in and work, and that’s made a difference in weeks in implementation time for us, Vitrano said. That’s huge. We can spend time and money and resources on something else rather than just struggling with the desktops.
— Anthony Vitrano, CIO, ReadQ

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Technical Snapshot
  • Cloud-based Jaspersoft via Servoy Business Application Platform
  • Need to collect the following from the client
  • Hardware? Dell & HP x86
  • Servers?
  • Operating system? RedHat/CentOS Linux
  • Database? Sybase Adaptive Server Enterprise, Postgres
  • Application Server? Servoy Business Application Platform