Waters Announces 2012 American Financial Technology Awards Winners

Last night, Waters hosted the eighth annual American Financial Technology Awards banquet, following the Waters USA conference, at the New York Marriott Marquis in Times Square.

The most coveted award of the night went to BNY Mellon for Best IT Team. Wells Fargo's Steve Ellis and Cerberus Capital Management's Richard Alexander won the Best Technology Executive on the Sell and Buy-Side categories, respectively.

Below is a list of winners in each of the 14 categories. Full details will appear in the January 2013 issue of Waters.

Thank you to all those firms who submitted nominations, to our judges, and to those who attended the festivities. And most of all, congratulations to all American Financial Technology Awards winners.

• Best Global Deployment: ITG ─ Atlas Architecture Update
• Best Risk Analytics Initiative: LCH.Clearnet ─ SwapClear Margin Approximation Tool (SMART) upgrade
• Best Reporting Initiative: Northern Trust ─ Equipos Coric Client Communications Implementation
• Best Cross-Asset Trading Initiative: Bank of America Merrill Lynch ─ Mercury Platform launch
• Best Data Management Initiative: MetLife ─ Database Permit, Data Governance Framework implementation
• Best Cloud Initiative: CBRE Clarion Securities ─ Portware Enterprise launch
• Best Infrastructure Initiative: ConvergEx Group ─ ConnEx launch
• Most Cutting-Edge IT Initiative: ITG ─ Atlas Cache launch
• Best OTC Trading Initiative: Citi ─ Client Money Segregation Platform launch
• Best IT Integration Initiative: Wells Fargo-Wachovia integration
• Best Mobile-Strategy Initiative: Bank of America Merrill Lynch ─ CashPro Mobile launch
• Best Technology Executive, Buy-Side: Richard Alexander, Cerberus Capital Management
• Best Technology Executive, Sell-Side: Steve Ellis, Wells Fargo
• Best IT Team: BNY Mellon