Raymond James Financial Reduces Deployment Time of New Software Applications with the Help of Grid Dynamics

MENLO PARK, Calif., May 19, 2014 /PRNewswire/ -- Grid Dynamics, a provider of custom scalable omnichannel technology solutions, today announced the successful implementation of an agile continuous delivery process for Raymond James Financial (NYSE-RJF), a financial services company.  Over a two-year period, Grid Dynamics worked with an RJF IT development process engineering group to help automate the deployment of more than 60 applications. Automated deployments significantly reduce turnaround times for application deployment and provide a faster feedback loop on changes implemented. At present, there are approximately 100 automated deployments per week to all environments, including development, test and production environments.

"We chose to partner with Grid Dynamics because they're a pioneer of continuous innovation," said Raymond James Financial CTO David Allen. "They came to us very well recommended and had a track record of success with CD implementation in a set of eCommerce enterprises."

The ongoing engagement is now focused on test automation and agile software development mentoring. More than a dozen Grid Dynamics personnel have been involved with the project, in addition to approximately 20 software developers, test personnel, systems administrators, release management experts, configuration managers and database administrators from RJF's 1,000-person IT organization.

"We were well positioned to take on this challenge," said Grid Dynamics President and General Manager David Gimpelevich. "Grid Dynamics is the only independent company in this space, focusing on scalability and performance of large-scale e-commerce platforms."

About Raymond James Financial, Inc.
Raymond James Financial (NYSE-RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Its three principal wholly owned broker-dealers, Raymond James & Associates, Raymond James Financial Services, and Raymond James Ltd., have approximately 6,200 financial advisors serving in excess of 2.5 million client accounts in more than 2,500 locations throughout the United States, Canada and overseas. Total client assets are approximately $458 billion. Public since 1983, the firm has been listed on the New York Stock Exchange since 1986 under the symbol RJF. Additional information is available at www.raymondjames.com.

About Grid Dynamics
Grid Dynamics is a leading provider of open, scalable, next-generation commerce technology solutions for Tier 1 retail. Grid Dynamics has in-depth expertise in commerce technologies, wide involvement in the open source community and a modern, global workforce. Great companies, partnered with Grid Dynamics, gain a sustainable business advantage by implementing and managing solutions in the areas of omnichannel platforms, product search, and continuous delivery. To learn more about Grid Dynamics, find us at www.griddynamics.com or by following us on Twitter @GridDynamics.

CONTACT: Crystal Black, Grid Dynamics, +1 650-422-2810, [email protected]

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SOURCE Grid Dynamics