Some of the winners will be familiar from last year's list, with those firms continuing to show excellence in their fields. However, this year contained a number of upsets and new entrants to the winners' circle, chief among them GoldenSource, which broke Markit EDM's dominance in the Data Management Product category (across both the Buy-Side and Sell-Side Technology Awards) for the first time.

Markit, however, came back to win big with the overall prize of the night as Best Sell-Side Technology Provider of the Year, particularly fitting and timely given the very recent announcement that it has begun the process of filing an IPO. GoldenSource, as a result of its achievement, won the other award announced on the evening for Best Overall Sell-Side Product of the Year.

As usual, Waters is grateful to its external judges this year for their time, expertise and continued support. They are David Easthope of Celent, Fred Ponzo of GreySpark, David Saul of State Street, and Cantor Fitzgerald's Todd Berlent. The full list of winners can be found below. The senior journalists from Waters on the panel were Victor Anderson, Anthony Malakian, James Rundle, Jake Thomases and Timothy Murray.

2014 Winners:

Best Sell-Side Front-Office Execution Platform - Bloomberg (video)

Best Sell-Side Automated Trading Platform - smartTrade Technologies

Best Sell-Side Market Risk Product - OpenGamma (video)

Best Sell-Side Credit Risk Product - Numerix

Best Infrastructure Provider to the Sell Side - BT Radianz

Best Cloud Provider to the Sell Side - BT Radianz Cloud

Best Sell-Side Data Management Product - GoldenSource

Best Data Provider to the Sell Side - Thomson Reuters

Best Sell-Side Complex-Event Processing (CEP) Technology - Software AG (Apama) (interview) (video)

Best Sell-Side Trading Communication System - IPC

Best Sell-Side Mobile Initiative - Pershing

Best Sell-Side Trading Network - SunGard

Best Datacenter Provider to the Sell Side - Nasdaq OMX

Best Outsourcing Provider to the Sell Side - Saxo Bank

Best Sell-Side Reconciliation Platform - SmartStream

Best Sell-Side Compliance Product - Citicom

Best Sell-Side Market Surveillance Product - Nasdaq OMX (Smarts Broker)

Best Sell-Side Web-Based Development Environment - Caplin Systems

Best Implementation at a Sell-Side Firm - Torstone Technology

Best Sell-Side Newcomer (Vendor or Product) - Markit

Best Sell-Side Analytics Product - AlphaSense

Best Smart Order Routing Product/Tool - SunGard

Best Overall Sell-Side Product of the Year - GoldenSource EDM Platform

Best Sell-Side Technology Provider of the Year - Markit