Sell-Side Technology Awards 2025: All the winners and why they won
Here are the 34 winners of the 2025 Sell-Side Technology Awards.


The final two categories of this year’s Sell-Side Technology Awards―Best sell-side product for 2025 and Best overall sell-side technology provider for 2025―were won by Duco and Bloomberg, respectively. Click on the links in the winners’ names for information about why they won their respective categories.
- Best alliance or partnership – Numerix and PiP Mexico
- Best overall artificial intelligence (AI) technology – AlphaSense
- Best artificial intelligence (AI) technology (content and research) – CleverChain
- Best artificial intelligence (AI) technology (surveillance and compliance) – Nice Actimize
- Best artificial intelligence (AI) technology (trading) – dxFeed
- Best cloud provider to the sell side – Derivative Path
- Best data provider to the sell side – FactSet
- Best distributed-ledger technology – Broadridge Financial Solutions
- Best implementation at a sell-side firm – Adaptive
- Best infrastructure provider to the sell side – TransFICC
- Best outsourcing provider to the sell side – Acuity Knowledge Partners
- Best reporting platform or service for the sell side – LSEG Post Trade Regulatory Reporting
- Best sell-side analytics product – Bloomberg
- Best sell-side automated trading platform – Exegy
- Best sell-side back-office platform – FIS
- Best sell-side compliance product – S&P Global Market Intelligence Cappitech
- Best sell-side credit risk product – Opensee
- Best sell-side data management product – S&P Global Market Intelligence
- Best sell-side front-office platform (end-user) – Bank of America
- Best sell-side front-office platform (vendor) – Bloomberg
- Best sell-side market risk product – SS&C Algorithmics
- Best sell-side market surveillance product – Nasdaq
- Best sell-side middle-office platform – Gresham (Prime EDM)
- Best sell-side mobile initiative – SS&C Tier 1
- Best sell-side newcomer (regulation, risk and compliance) – CJC
- Best sell-side newcomer (trading, pricing and analytics) – Arbitrage Technologies
- Best sell-side OTC trading initiative – Marex Solutions
- Best sell-side reconciliation platform – Duco
- Best sell-side trading communication system – Cloud9. Click on this link for an interview with Michael Lynch.
- Best sell-side trading network – MarketAxess
- Best sell-side web-based development environment – 3forge
- Best use of the agile methodology – BIQH
- Best sell-side product, 2025 – Duco
- Best overall sell-side technology provider, 2025 – Bloomberg
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More on Awards & Rankings
Best data governance solution—Siepe
Siepe wins Best data governance solution at the IMD & IRD Awards 2025.
Best reference data initiative—Derivatives Services Bureau
The DSB wins Best reference data initiative at the IMD & IRD Awards 2025.
Best corporate actions managed service—S&P Global Market Intelligence
S&P Global Market Intelligence wins Best corporate actions managed service at the IMD & IRD Awards 2025.
Sell-Side Technology Awards 2025: Best distributed-ledger technology—Broadridge Financial Solutions
Project: Distributed Ledger Repo (DLR)
Sell-Side Technology Awards 2025: Best sell-side back-office platform—FIS
Product: FIS Post Trade Processing Platform