Overbond Wins “Most Innovative Technology Vendor – Front Office” at American Financial Technology Awards 2017

The winners of this year’s AFTAs were announced at a dinner in midtown Manhattan on December 4.

Source: WatersTechnology

Continuing last year’s theme of change, this year’s winners were marked by impending regulatory reform due in the New Year, and a shift in the business practices of the buy and sell sides.

With reporting mandates from US regulators and the European Union hitting home, compliance projects once again dominated technology development. But the growth of importance in artificial intelligence (AI) also made its mark by way of cutting-edge IT projects on display in this year’s winners’ circle.

Therefore a strong current of innovation also runs through all of the winning platforms, projects, people and professional initiatives on display here. From new solutions, all the way to upgraded and enhanced technologies, and even in the attitudes of those individuals honored, this year’s American Financial Technology Awards present the picture of an industry standing on the precipice of immense change—and getting ready to take the plunge.

Waters Technology recently announced this year’s winners:

Vendor categories

Best AI technology initiative—FIS

Best back-office initiative—SmartStream Technologies

Best collaboration initiative—SS&C Advent

Best communications infrastructure provider—IPC Systems

Best front-office initiative—State Street Global Exchange

Best middle-office initiative—RIMES Technologies

Best new technology introduced over the last 12 months – front office—IHSMarkit

Best new technology introduced over the last 12 months – infrastructure—Metamako

Best new technology introduced over the last 12 months – middle and back office—AdvantageData

Best new technology introduced over the last 12 months – risk compliance and reporting—AQMetrics

Best partnership or alliance—Thomson Reuters & Symphony Communications

Best third party technology vendor IT team—Axioma

Best trading infrastructure provider—Cobalt

Best use of the Agile methodology—Confluence

Most innovative technology vendor – front office—Overbond

Most innovative technology vendor – infrastructure—UnaVista

Most innovative technology vendor – middle office—S3 Partners

Most innovative technology vendor – risk, compliance and reporting—Imagine Software

End-User Categories

Best analytics initiative—Credit Suisse

Best cloud initiative—Northern Trust

Best compliance initiative—Bank of America Merrill Lynch

Best cross-asset trading initiative—State Street Corporation

Best data management initiative—Deutsche Bank

Best infrastructure initiative—JPMorgan Asset Wealth Management

Best IT integration initiative —Cowen

Best IT team—Charles Schwab Investment Management

Best mobile strategy initiative—Janus Henderson

Best reporting initiative—State Street Corporation

Best risk management initiative—TD Securities

Most cutting-edge IT initiative —JPMorgan Asset Wealth Management

Individual Categories

Best third-party technology vendor CIO or CEO—Neil Barua (IPC Systems)

Best technology executive, buy side—Mike Urciuoli (JPMorgan Asset Wealth Management)

Best technology executive, sell side—Jodi Richard (US Bank)