In the lap of Luxoft

Luxoft, said to be Russia’s largest provider of high-end IT outsourcing services, has announced an extension to its extant agreement with investment bank Deutsche Bank.

Luxoft President and CEO Dmitry Loschinin and Deutsche Bank’s Daniel Marovitz, COO of Technology for Deutsche’s Global Banking Division, finalized the agreement during the big CeBIT German-Russian IT Summit, which promotes cooperation between German interests and those of Russia, Ukraine, and Belarus.

Under terms of the agreement, Luxoft will provide development resources in Russia and the Ukraine to “enhance and further innovate” the CRM package Client First. Client First is currently used by more than 5,000 Deutsche Bank employees across Europe, North America and the Asia Pacific region.

Luxoft was founded in 2000, and today has operations in Russia, Canada, the UK, and Ukraine. Luxoft boasts research and development centers in Moscow, St. Petersburg, Dubna and Omsk, Russia; Kiev and Odessa, Ukraine; and Vancouver, Canada. Among Luxoft clientele are Boeing, Deutsche Bank, IBM, UBS, T-Mobile and Dell.