American Financial Technology Awards (AFTAs)
AMERICAN FINANCIAL TECHNOLOGY AWARDS: Most Cutting-Edge IT Initiative: JPMorgan
JUDGE’S COMMENT: This project identifies a perfect use for performance-enhancing FPGA technologies in an area where throughput and processing requirements outstrip latency concerns, which, until now, was the primary driver for FPGA adoption.
AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Infrastructure Initiative: Investment Technology Group (ITG)
JUDGE’S COMMENT: This is a good long-range project that already has seen a nice payoff and will continue to do so.
AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Cloud Initiative: State Street
JUDGE’S COMMENT: I have always been impressed with how State Street has been a leader in the realm of cloud computing. This is a prime example of how to exploit the technology to its fullest.
AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Data Management Initiative: Knight Capital
JUDGE’S COMMENT: This is the promise of enterprise data management: being able to leverage all of the firm’s data in order to drive greater profitability through identifying new opportunities, while reducing unprofitable investments.
AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Reporting Initiative: Credit Suisse
JUDGE’S COMMENT: The dynamically applied ad-hoc and flexible reporting capability makes this project truly stand out.
AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Risk Analytics Initiative: LCH.Clearnet
JUDGE’S COMMENT: The re-write of LCH.Clearnet’s legacy system and improvements of the risk management system is pretty dramatic given its old infrastructure. Now that the platform can calculate daily margin runs in 10 minutes rather than an hour,…
AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Global Deployment: BNY Mellon
JUDGE’S COMMENT: Simplifying OTC client reporting is an important goal for any firm, but having this live in more than 10 countries at this point in time is a job well done.
