American Financial Technology Awards 2016 ─ All the Winners

The marketplace has changed. The ability to pull in and store massive data sets, and then to deliver that information via the cloud, has led banks and asset managers of all stripes to partner with third parties on projects that would've in the past been built in-house. 

Part of the reason for this is because they've become more comfortable using cloud-based technologies, and even public clouds like Amazon Web Services or Microsoft Azure. Another reason is cost, as budgets have been down or flat since 2008. There's also the need to be agile in the face of a rapidly changing marketplace. And, finally, regulatory-reporting-related burdens are more easily handled with outside help, rather than trying to go it alone for each new mandate.

There's a great deal of value in that sea of information, but it's becoming increasingly difficult to find those insights. Partnering helps. Quite frankly, the world of fintech has become more intertwined between end users and vendors, and this awards program aims to show how the market is evolving. 

We are pleased to announce this year's winners:

Vendor categories
Best Middle-Office Initiative: Data management, reconciliation and clearing ─ Indus Valley Partners 
Best Middle-Office Initiative: Risk, compliance and performance ─ UBS Delta 
Most Innovative Third-Party Technology Vendor: Risk, security and compliance ─ Axioma  
Most Innovative Third-Party Technology Vendor: Communication, operations and data management ─ Asset Control 
Most Innovative Third-Party Technology Vendor: Trading and analytics ─ ChartIQ 
Best Third-Party Technology Vendor IT Team ─ Vela Trading Technologies 
Best Partnership or Alliance ─ MTS Markets & Bloomberg
Best Communication Infrastructure Provider ─ IPC Systems  
Best Use of the Agile Methodology ─ StatPro 
Best Front-Office Initiative ─ Broadridge   
Best Back-Office Initiative ─ SmartStream
Best Trading Infrastructure Provider ─ Trumid Financial  
Best Collaboration Initiative ─ MTS BondsPro & Bloomberg

End-User Categories
Best Global Deployment ─ Northern Trust 
Best Infrastructure Initiative ─ Northern Trust
Best IT Integration Initiative ─ Bank of America
Best Cloud Initiative ─ LaSalle Investment Management 
Best Cross-Asset Trading Initiative ─ UBS Neo
Best Mobile Strategy Initiative ─ Pershing NetX360 
Best Risk Management Initiative ─ JP Morgan Asset Management 
Best Compliance Initiative ─ JP Morgan Chase 
Best IT Team ─ JP Morgan Asset Management   
Best Reporting Initiative ─ Credit Suisse Client 360
Best Data Management Initiative: Sell Side ─ Deutsche Bank DQ Direct
Best Data Management Initiative: Buy Side ─ Rotation Capital  
Most Cutting-Edge IT Initiative: Sell Side ─ Credit Suisse CPA 
Most Cutting-Edge IT Initiative: Buy Side ─ Blackstone
Best Analytics Initiative: Sell Side ─ Morgan Stanley SPG Access
Best Analytics Initiative: Buy Side ─ JP Morgan Asset Management (Sparta)

Individual Categories
Best Third-Party Technology Vendor CIO or CEO ─ Steven O'Hanlon (Numerix)
Best Technology Executive, Sell Side ─ Bob Greifeld (Nasdaq)
Best Technology Executive, Buy Side ─ Scott Murray (Northern Trust)