Issue 11 2021
specialized areas. As we begin to close out our time together in this interview, Stefan reveals to use some of the plans that the firm has for the remainder of 2021, and what lies beyond. “Initially, we have focused on reviving the products and stabilizing them. Since 2019, we have been working on a new next-generation CLLM product which is utilizing leading edge FPGA technology. CLLM 4.0 (FPGA version) was launched in December 2020, and we were working with a few EAP customers in the first half of 2021 to test and stabilize it. Q4 of 2021 and beyond is our target for rollout in established customer bases and new customer bases alike in the Financial Markets industry. At the same time, we are targeting the Automotive industry as a potential area of great success and growth.” Ultimately, the work of Stefan and Confinity Solutions is nothing short of exceptional within the financial technology space. Markets are ever- changing and the world is changing more than ever at this moment in time, following the effects of the COVID-19 pandemic. Stefan’s work has seen Confinity Solutions become a key partner for so many financial institutions, and it has seen the revival and reinstatement of some key technologies and software products. In essence, the brilliance of Confinity Solutions and Stefan is certainly something worthy of recognition across the world, and we at Corporate Vision cannot wait to see what the future holds for this outstandingly innovative business. Contact: Stefan Ott Website: https://confinity-solutions.com/ use in cases outside of the Financial Markets. For instance, the work of the Automotive and Telecommunications industries can also benefit massively from what the Confinity Solutions has to offer in terms of messaging. That instantaneous and reliable delivery and reception of a message that is of the utmost importance can be the difference between success and failure, and that is why the success of Confinity Solutions in bringing this technology back to life is so deserving of recognition. Of course, after speaking with Stefan further, it became clear to see that he recognises too that the success of the firm would not be nearly as outstanding without the people that have made it happen. Stefan kindly explained more about his decision to bring in specialists and experts whose knowledge of software and Financial Markets rivals only that of his own. “Our staff plays a very important role in the success of Confinity Solutions. Other than subject matter expertise in software development, I recruited my team with a focus on different cultures and diverse language skills. This allows us to serve our worldwide customer base in the best possible manner, such as conversing with them in their native language. We may work with clients all over the world, but we have staff who have Chinese language skills, whilst there are those who hail from Venezuela and India. Understanding our client’s global cultures is imperative to providing them with the right software and services within their field of interest.” Despite all the success that Confinity Solutions has achieved in the last five years since its inception, there have not been times without challenge and opposition. As many business were affected by the ongoing pandemic of COVID-19, so too was Confinity Solutions. However, true to his nature as a visionary and someone who can see a way out when all else seems hopeless, Stefan knuckled down and found a way to ensure that the firm could still deliver for its clients. Most of its customers and exchanges that is serves needed software that could cope with the changes to society that were coming. Remote transactions and more mean that software and particularly that of low latency and reliable messaging had to be up to scratch. Fortunately, Stefan and the team at Confinity Solutions made sure theirs was. “As a result of the pandemic, we had to establish processes and measures to guarantee a continued 24/7 support for our customers. Since some of our staff is based in India, Germany, Hong Kong, and New York, we have introduced strict rules so that two staff with the same skill set and profile do not work in the same office room and on the same shift. Spreading out the talent all over the world has proven to be fruitful for us. We can also already state that we are fully digitalized, and only a few critical resources required to be onsite.” Looking ahead to the future, there is much to be excited for from a financial technology standpoint. There is always new technology being innovated and brought to market, but the focus from Confinity Solutions and Stefan stretches beyond that into more specific and
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