The winners’ circle includes established players and many prominent providers hitting their stride.
With nods to established players and voter enthusiasm for other providers hitting their stride, Financial Technologies Forum (FTF) has unveiled the winners of the 2023 FTF News Technology Innovation Awards competition.
The 30 winners of the FTF Awards competition — now in its 12th year — are being honored for achievements during 2022.
Photo by Giorgio Trovato on Unsplash
“It’s not often that companies are honored for all the hard work they do. The FTF Awards program provides the opportunity to do just that — recognize the dedication and achievements that financial technology and service providers and their people bring to the securities industry,” says Maureen Lowe, founder and editor-in-chief of FTF and FTF News. “Competition is getting more fierce every year and it’s become harder for companies to stand out. We congratulate our 2023 award winners for everything they contribute to the industry and for all the hours of innovation they put into what they do. Their hard work has not gone unnoticed by their peers and clients.”
Two established players scored two wins apiece:
- SS&C Technologies won in two categories: Best Buy-Side Operation Solution for SS&C Singularity; and Best Cloud-Native Computing Initiative for SS&C Aloha; and
- SIX won Best ESG Data Provider for SIX ESG RegRisk Management and for Best Data Provider
At the same time, many newcomers won voters’ approval:
- Reena Raichura, head of product solutions at Glue42, for FinTech Person of the Year; and
- Eclypses MTE Technology for Best Security Solution
And, for our two non-competitive awards, FTF is spotlighting:
The Editor’s Choice Award: Alex Shafran, CFA, SVP, performance analytics and client reporting at the firm Cohen & Steers
The FTF News Philanthropic Award for 2023: South Street Securities Holdings, Inc.’s Evertreen Partnership
The Full List of Winners
The winners in the individual and major provider award categories are:
FinTech Person of the Year: Reena Raichura, head of product solutions at Glue42
Ops Business Person of the Year: Bob Santella, CEO at IPC Systems
Service Provider of the Year: Adenza’s Cloud Services
Software Solution of the Year: Murex MX.3
Here are the other 2023 winners listed by category in alphabetical order:
Best Buy-Side Collateral Management Solution: Hazeltree’s Collateral Manager/Securities Finance Solution
Best Buy-Side Operation Solution: SS&C Singularity
Best Client Reporting Solution: Clearwater
Best Cloud-Native Computing Initiative: SS&C Aloha
Best Compliance Solution: Acadia Initial Margin Risk Generator (IMRG)
Best Corporate Actions Service Provider: TCS BaNCS for Corporate Actions
Best Cutting-Edge Solution: SmartStream Air
Best Data Management Solution: Numerix Data Management (NxDM)
Best Data Provider: SIX
Best Disruptive Solution: Broadridge Distributed Ledger Repo (DLR)
Best ESG Data Provider: SIX ESG RegRisk Management
Best Innovation in a Clearing & Settlement Solution: Torstone Post-Trade Platform
Best Middle-Office Solution: Orchestrade
Best Middle-to-Back-Office Integration Solution: Arcesium Data Platform Solution and UBOR
Best New Post-Trade Solution: S&P Global Market Intelligence’s Securities Processing Solution
Best Operational Risk Management Solution: IVP Regulatory Reporting
Best OTC Derivatives Margining Solution: Quantile
Best Outsourcing Provider: SmartStream Managed Services
Best Performance Measurement System: FactSet
Best Professional Services Provider: Murex
Best Reconciliation Solution: Watson Wheatley – iRecs
Best RegTech Solution: Smarsh Enterprise Platform
Best Regulatory Reporting Solution: Gresham’s Connect for regulatory
Best Security Solution: Eclypses MTE Technology
Best Sell-Side Collateral Management Solution: OSTTRA triResolve Margin
Best Surveillance & Recovery System: Nasdaq Surveillance Solutions
Find all the winners here: https://bit.ly/43kJi2k
A gala event for the winners and their guests will be held in New York City later this year in October.
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