Sell-Side Technology Awards 2017: Best Overall Sell-Side Product of the Year—Nasdaq
All the winners of the preceding 28 categories making up this year’s SST Awards line-up were considered for this award, but it was Nasdaq, with its compelling Smarts Trade Surveillance platform and its recent alliance with Digital Reasoning, that landed the penultimate category of the 2017 SST Awards.
As has come to be the case over the last four years in these awards—and in the annual Buy-Side Technology Awards—the New York-based market operator and technology firm was adjudged as possessing the industry’s must-have market surveillance platform, thanks to its Smarts Trade Surveillance offering, designed “to automate the detection, investigation and analysis of potentially abusive or disorderly trading to help improve the overall efficiency of the surveillance organization and reduce cost.”
Nasdaq’s second visit to this year’s winners’ circle was a collaborative effort with New York-based artificial intelligence (AI) specialist Digital Reasoning, which won an individual category of its own: the best artificial intelligence technology award, the first year the category has been on offer. In February last year, Nasdaq and Digital Reasoning came together in an alliance with the view to providing sell-side firms with a market-monitoring service with a difference: The platform would not only monitor markets and their participants, but it would also add AI technology to the mix and by so doing provide user-firms with the ability to identify inappropriate activity through digital communications and “understand the context of that monitoring,” according to Marten den Haring, chief product officer at Digital Reasoning. The collaborating saw Nasdaq’s Trade Surveillance platform merged with Digital Reasoning’s eComms offering, resulting in arguably the industry’s best market surveillance platform becoming a lot more intelligent, allowing analysts and compliance teams insight across communications and trade data to automatically prioritize areas for evaluation and investigation.
A number of other technology firms came into the final reckoning for this award, but it was Nasdaq’s two individual category wins, combined with its eagerness to continually push the boundaries of market surveillance, that ultimately proved decisive. Past winners of this category include Numerix (2013), GoldenSource (2014), Quartet FS (2015) and R3 (2016).
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: Rising star (vendor) – data, engineering & product development—Roberta Bill, SmartStream Technologies
Roberta Bill, product manager at SmartStream Technologies, wins rising star (vendor) – data, engineering & product development, in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology leader of the year (end-user)—Sejal Shah, BNP Paribas India Services
Sejal Shah, director and head of Global Markets IT BNP Paribas India Services, wins technology leader of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Reference data professional of the year (end-user)—Ludmilla Morgunova, BNP Paribas
Ludmilla Morgunova, Java developer on BNP Paribas’ Referential Data Platform, wins reference data professional of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (trading and risk)—Mina Wallace, SS&C Algorithmics
Mina Wallace, general manager and senior vice president of the risk management business unit at SS&C Algorithmics, wins the vendor professional of the year (trading and risk) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Above and beyond award (vendor)—Susan Bennett, Tradeweb
Susan Bennett, managing director, global head of product marketing at Tradeweb, wins the above and beyond award (vendor) in the 2024 Women in Technology and Data Awards.
Women in Technology & Data Awards 2024: All the winners and why they won
WatersTechnology honored the winners of the 36 categories in the 2024 Women in Technology & Data Awards, who were announced at a sit-down lunch in London on International Women's Day on March 8.
AFTAs 2023: Best new technology introduced over the last 12 months (data & data services)—SS&C Aloha
Northern Trust: Improving transparency across the asset servicing market
Northern Trust won three categories in the 2023 American Financial Technology Awards. Paul d’Ouville, global head of technology solutions and servicing at Northern Trust, discusses his firm’s fourth consecutive win in the Best reporting initiative…
Most read
- Women in Technology & Data Awards 2024: All the winners and why they won
- Witad Awards 2024: Above and beyond award (vendor)—Susan Bennett, Tradeweb
- Dark horse: Deutsche Börse building dark pool