IMD Award Winners Repeat Past Success
Bloomberg took home the most awards at the Inside Market Data and Inside Reference Data Awards ceremony held on Tuesday, May 22-including the coveted award for overall Best Data Provider (Vendor) -- though smaller vendors serving specific the over-the-counter pricing and analysis markets also took notable wins, reflecting niche expertise.
The vendor has now won the best overall provider award 10 years in a row-every year since the awards' inception-and also won the Best Data Provider for Equities and Best Data Provider for Fixed Income categories (both for the sixth year in a row), as well as Best News Provider.
In the other asset class-specific award categories, Thomson Reuters won Best Data Provider for Foreign Exchange, as well as the Best Low-Latency Data or Technology Vendor category-both of which the vendor has won for six years in a row. And in the related Best Data Networking and Infrastructure Provider category, BT won the award for the second year in succession.
Meanwhile, SuperDerivatives won the Best Data Provider for Derivatives category for the second year in a row, following a three-year winning streak by Markit -- which won the Best Evaluated Prices Service Provider and Best Reference Data Provider awards in the Inside Reference Data categories -- after SuperDerivatives' initial success in 2007. SuperDerivatives also won the Best New Data Product award for its DataX Feed of implied values for multiple asset classes, and was honored separately on the night when chief executive David Gershon was announced as this year's inductee into the Inside Market Data Hall of Fame.
Previous Hall of Fame inductee Tom Jordan's consulting firm Jordan & Jordan won the Best Supporting Services category, which it also won in 2010, while The Roberts Group won Contract Win of the Year for Loomis Sayles & Co.'s deployment of its FITS system last year to manage the firm's market data inventory.
McGraw-Hill won the award for Acquisition of the Year for its purchase of the Dow Jones Indexes business in a joint venture with CME Group -- which won the same award last year for its own acquisition of a 90 percent stake in the DJI business. McGraw-Hill's S&P Capital IQ business also won the Best Analytics Provider award for the third year in a row for its Compustat product, while FactSet Research Systems consolidated last year's success in the Best Research Provider category with another win.
Beyond traditional data vendors, Tullett Prebon Information won the Best Data Provider (Broker) award for the second year in a row, while CME Group narrowly won Best Data Provider (Exchange) -- repeating its 2008 victory-beating the London Stock Exchange, which received a "highly commended" award for its strong showing. The LSE also won one of the call-for-entry categories -- Best Real-Time Market Data Initiative (Vendor) -- for the introduction of its global real-time enterprise usage agreement, which the judging panel praised as the first example of multi-vendor netting for a direct exchange contract, and said should be an industry standard.
The other call-for-entry category -- Most Innovative Market Data Project (Vendor) -- was won by fixed income pricing startup Benchmark Solutions, whose algorithms for capturing data and pricing securities in real time were described by the judges as "the future of pricing for fixed income."
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: EDM professional of the year—Neslihan Yegul, S&P Global Market Intelligence
Neslihan Yegul, vice president, head of EDM and thinkFolio at S&P Global Market Intelligence, wins EDM professional of the year in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology innovator of the year (end-user)—Laura Hamilton, Bank of America
Laura Hamilton, global head of corporate treasury, credit risk, climate risk, and financial forecasting technology at Bank of America, wins technology innovator of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (data and operations)—Joanna Davies, OSTTRA
Joanna Davies, head of trade processing at OSTTRA, wins vendor professional of the year (data and operations) in the 2024 Women in Technology and Data Awards.
Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg
Product: Bloomberg TOMS
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: All the winners