AFTAs 2013: The Winners and Why They Won

While this year’s winners’ circle is, like the eight preceding editions of the American Financial Technology Awards, dominated by the sell side, Manhattan-headquartered Blackstone Group flew the buy-side flag and upstaged its more celebrated sell-side brethren by pulling off the only double category win of the night, thanks to its BXAccess reporting platform that accounted for the best reporting and most cutting-edge IT initiative categories.

The AFTAs 2013 dinner was held on the evening of December 9 last year, immediately following the annual Waters USA conference, and for the first time, a retired sports star presented the awards to the winners—former New York Giants linebacker Carl Banks was on hand to do the honors.

As usual, Waters is grateful to this year’s external judges for their time and expertise: Anthony Vigilante, CIO of MacKay Shields; John Shea, CIO of Eaton Vance; and David Kelly, CTO of Pine River Capital.

American Financial Technology Awards 2013 Category Winners 

Best Global Deployment: Instinet

Best Risk Management Initiative: International Securities Exchange

Best Analytics Initiative: Credit Suisse

Best Cross-Asset Trading Initiative: JPMorgan

Best Data Management Initiative: Citi

Best Reporting Initiative: Blackstone

Best Cloud Initiative: NYSE Euronext

Best Infrastructure Initiative: Bank of America

Most Cutting-Edge IT Initiative: Blackstone

Best OTC Trading Initiative: State Street Corp.

Best IT Integration Initiative: Bank of America Merrill Lynch

Best Mobile-Strategy Initiative: Morgan Stanley

Best Compliance Initiative: ConvergEx Group

Best Technology Executive, Buy-Side: Tom Miglis, Citadel

Best Technology Executive, Sell-Side: Edwin Marcial, IntercontinentalExchange

Best IT Team: BNY Mellon