“It was one of those projects that had
a lot of complicated code, and at first, they
didn’t want it,” he says.
EPAM eventually agreed to tackle the
project, and delivered it on time and to
Since then, all of Ipreo’s major engineering projects that can’t be handled in-house
go to EPAM, and Mr. Meyer has come to rely
heavily on the company.
“I don’t think of it as outsourcing. I think
of it as ‘co-sourcing,’” he says. “Just as we
have a New York office and a London office,
I think of EPAM as our Kiev office.”
READY FOR THE BIG TIME
Based on the success of the initial projects,
Mr. Meyer outsourced a major overhaul of
Ipreo’s flagship product, Bigdough, to the
Eastern European team in April 2007.
Bigdough provides contact and ownership data on 50,000 capital markets professionals. The original version was built using
ColdFusion, a programming application Mr.
Meyer found to be too limited. “People loved
it, but it didn’t scale up,” he says.
Ipreo wanted to make the software
more robust and scalable, but the company
didn’t have the resources or expertise
to manage the redesign. So Mr. Meyer
brought the project to his outsourcing