05:04 PM EDT, 09/26/2024 (MT Newswires) -- Grid Dynamics Holdings ( GDYN ) said Thursday it has acquired UK-based software engineering firm Juxt to support its expansion in the banking and overall financial services industry, particularly in Europe.

The acquisition adds Juxt's expertise in developing complex end-to-end data services, from design to ongoing management, for enterprise clients in financial services to Grid Dynamics ( GDYN ) portfolio.

Juxt specializes in mission-critical data systems for financial institutions, focusing on areas like risk platforms, structured notes, equity derivatives and financial reporting, Grid Dynamics ( GDYN ) said.