Buy-Side Technology Awards 2025: All the winners and why they won
Below are the 39 category winners making up the 2025 Buy-Side Technology Awards.
Click on the links below to view the past winners of the annual Buy-Side Technology Awards:
2024, 2023, 2022, 2021, 2020.
The two highest-profile categories of this year’s BST Awards—best overall buy-side product for 2025 and best overall technology provider for 2025—were won by PostSig and S&P Global Market Intelligence, respectively. Below are this year’s 37 individual category winners, plus the two “best overall” categories.
- Best alliance or partnership – Murex and Amundi Technology
- Best alternative data provider to the buy side – Hermes Intelligence
- Best buy-side AI platform or tool – CompatibL. Click on this link for an interview with Alexander Sokol.
- Best buy-side algo trading platform – Tethys Technology
- Best buy-side client reporting platform – Venn by Two Sigma
- Best buy-side compliance product (KYC) – Fenergo
- Best buy-side compliance product (regulatory reporting) – Gresham
- Best buy-side compliance product (trading) – Bloomberg
- Best buy-side corporate actions platform – S&P Global Market Intelligence
- Best buy-side CRM platform – S&P Global Market Intelligence. Click on this link to view an interview with S&P Global’s Emily Jasper.
- Best buy-side data analytics tool – BMLL
- Best buy-side data management product – FINBOURNE Technology. Click on this link for an interview with FINBOURNE’s chairman, Toby Glaysher.
- Best buy-side EMS – FactSet
- Best buy-side evaluated pricing service – LSEG
- Best buy-side execution venue – 360T
- Best buy-side IBOR platform – SimCorp
- Best buy-side managed data service – Fusion by J.P. Morgan
- Best buy-side market surveillance tool/platform – Symphony
- Best buy-side newcomer (vendor or product) – PostSig. Click on this link for a video interview with PostSig’s Hendrik Bartel.
- Best buy-side OMS – Rival Systems
- Best buy-side performance measurement and attribution product – SS&C Advent
- Best buy-side portfolio analysis tool – BlackRock
- Best buy-side reconciliation platform/service – AutoRek. Click on this link to view an interview with AutoRek’s Jim Sadler.
- Best buy-side risk management initiative over the last 12 months – ReadiNow
- Best buy-side risk management product – Numerix
- Best buy-side TCA tool – BestX
- Best cloud provider to the buy side – Iress Trading and Market Data. Click on this link for a video interview with Iress’ Michael Barbera.
- Best ESG data provider to the buy side – Morningstar Sustainalytics. Click on this link for a video interview with Ron Bundy and David Pagliaro.
- Best implementation at a buy-side firm – Ai for Alpha
- Best integrated back-office platform – Orchestrade
- Best integrated front-office platform – FactSet
- Best integrated middle-office platform – 73 Strings. Click on this link for an interview with 73 Strings’ Yann Magnan.
- Best low-latency trading network – Reactive Markets
- Best outsourcing provider to the buy side – MUFG Investor Services
- Best portfolio accounting platform – SS&C Advent
- Best private markets data provider – S&P Global Market Intelligence. Click on this link for an interview with S&P Global’s Kevin Zacharuk.
- Best use of the agile methodology – Trumid
- Best overall buy-side product, 2025 – PostSig
- Best overall technology provider, 2025 – S&P Global Market Intelligence
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More on Awards & Rankings
Most innovative market data project/initiative—firmfact
Firmfact automates market‑data contracts, invoices and entitlements for banks and asset managers. Its AI reads documents, matches invoices line‑by‑line and verifies licences with minimal keying.
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.