Sell-Side Technology Awards 2013: Best Overall Sell-Side Provider of the Year ─ SunGard
As with the product of the year category, this award was decided by the four journalists on the panel-Victor Anderson, Anthony Malakian, James Rundle and Jake Thomases-who were looking for a recipient that had already won one of the individual categories on offer, but had also featured prominently in a number of other categories, illustrating its versatility across a number of different areas and the broadness of its technology stable. This year, no other third-party technology provider was able to live with SunGard, which won the best market surveillance category thanks to its SunGard Protegent offering, in addition to receiving votes across three other categories: best cloud provider to the sell side, for the SunGard Global Network and SunGard's Valdi Market Access; best sell-side market risk product, for SunGard Adaptiv Market Risk; and best sell-side trading network, for SunGard Global Network for Securities.
SunGard's success in the inaugural Sell-Side Technology Awards illustrates the value of perseverance: Over the years, the Wayne, Pa.-based vendor has entered a large number of products across a range of categories in the Buy-Side Technology Awards, and, although it has come within a whisker of winning an individual award outright, it has never quite managed to pull off a win. But that all changed back in 2010 when SunGard was adjudged to be the best technology provider of the year in the Buy-Side Technology Awards, having featured in five different categories without emerging top in any of them.
Given that this category had been awarded to technology firms in a similar position in previous years ─ Linedata Services in 2008 and Eagle Investment Systems in 2009 ─ the panelists quite rightly opted to go with SunGard. With the firm's success in this year's Sell-Side Technology Awards, SunGard becomes the only technology provider to have won the provider of the year category in both the Sell-Side Technology and Buy-Side Technology Awards, no small feat for a technology provider that has, since its founding in 1983, pretty much seen and done it all.
SUNGARD REACTION
With the firm's success in this year's Sell-Side Technology Awards, SunGard becomes the only technology provider to have won the provider of the year category in both the Sell-Side Technology and Buy-Side Technology Awards, no small feat for a technology provider that has, since its founding in 1983, pretty much seen and done it all.
"SunGard is committed to helping our customers operate smarter, identify competitive advantages, and achieve their growth goals in all market conditions. Over the past 30 years, SunGard has been at the heart of the capital markets, helping our customers to take advantage of market trends and opportunities, and to transform their business in response. Being named sell-side provider of the year in the first-annual Sell-Side Technology Awards-making SunGard the only vendor to have received both the Buy-Side Technology (2010) and Sell-Side Technology Provider of the Year (2013) honors-is a testament to our expertise in the markets as well as our customers' trust in SunGard to help solve their business and technology challenges."
Brian Traquair, president, SunGard Capital Markets
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