AFTAs 2023: All the winners and why they won
Here are the winners of the 30 categories in the 2023 American Financial Technology Awards. This year's multi-category winners are JP Morgan, Morgan Stanley, Goldman Sachs, Northern Trust and Wells Fargo.
Below are the winners in the 30 categories that make up this year’s American Financial Technology Awards. Five end-user firms―JP Morgan, Morgan Stanley, Goldman Sachs, Northern Trust and Wells Fargo―won multiple categories, while the best IT team categories were won by Goldman Sachs (sell side), TCW Group (buy side), and Devexperts (third-party technology vendor).
End-user section
- Best analytics initiative – Charles Schwab
- Best reporting initiative – Northern Trust
- Best mobile strategy initiative – Northern Trust
- Best compliance initiative – JP Morgan
- Best cross-asset trading initiative – Goldman Sachs
- Best data management initiative – Northern Trust
- Best agile initiative – JP Morgan
- Best AI/machine learning initiative – Morgan Stanley
- Best cloud initiative – Morgan Stanley
- Best infrastructure initiative – JP Morgan
- Best IT integration initiative – Wells Fargo
- Best IT team (sell side) – Goldman Sachs Marquee
- Best IT team (buy side) – TCW Group
- Best risk management initiative – Morgan Stanley
- Most cutting-edge IT initiative – Wells Fargo
Vendor section
- Best agile initiative – 28Stone
- Best collaboration/alliance initiative – Raistone
- Best communication infrastructure initiative – Symphony
- Best new technology introduced over the last 12 months (AI & machine learning) – CompatibL
- Best new technology introduced over the last 12 months (analytics) – Axioma
- Best new technology introduced over the last 12 months (data, data services & data management) – SS&C Technologies
- Best new technology introduced over the last 12 months (infrastructure) – Sterling Trading Tech
- Best new technology introduced over the last 12 months (trading, risk & compliance) – Acadia
- Best third-party technology vendor IT team – Devexperts
- Best trading infrastructure initiative – Broadridge Financial Solutions
- Most innovative third-party technology vendor (AI & machine learning) – GeoQuant, part of BMI, a Fitch Solutions company
- Most innovative third-party technology vendor (analytics) – Solve
- Most innovative third-party technology vendor (data, data services & data management) – SmartStream Technologies
- Most innovative third-party technology vendor (infrastructure, outsourcing & managed services) – Exactpro
- Most innovative third-party technology vendor (trading, risk & compliance) – Jacobi
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: https://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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Best market data newcomer (vendor or product)—Octaura
Octaura’s Insights Platform is an integrated market intelligence and analytics offering purpose-built for the leveraged loan market.
Best market data provider (broker)—Fenics Market Data & Analytics
FMD’s Broker Data service draws on BGC Group’s global brokerage operations to provide pricing, trade and order-flow information across FX, rates, fixed income, commodities and derivatives.
Best evaluated pricing service provider/vendor—Infront
Infront Quant supplies independent, cross‑asset valuations with a “white‑box approach”, offering level 1 and 2 transparency.
IMD & IRD Awards 2026 winner’s interview—Smartstream
Smartstream wins Best reference data managed service at the IMD & IRD Awards 2026
Best reference data integration vendor—Gresham
Gresham’s AI-native EDM Suite combines data from disparate sources and systems and provides user-firms with a single point of integration across the data life cycle.
Best ESG data initiative—Bloomberg
Bloomberg’s Impact and Allocation dataset provides investors with a consistent means of assessing how proceeds are being deployed and what outcomes issuers report.
Best AI/machine learning data initiative—FactSet
FactSet unveiled its MCP server in December 2025, allowing secure, authorized access to the firm’s data from third‑party AI tools.
Best corporate actions data initiative—S&P Global Market Intelligence
MCA Plus consolidates specialist datasets, validation and operational oversight across five domains, reducing fragmented workflows and manual processes.
