Proven product innovation and burgeoning client adoption score latest industry accolade for the trade automation pioneer
Portware, the first and only global provider of multi-asset trade automation solutions powered by artificial intelligence, today announced that FStech has presented Portware with the 2014 FStech Award for ‘Best Trading System.’
Now in its 14th year, the FStech awards recognize excellence and innovation in the field of information technology within the UK and EMEA financial services sector, with winners selected by an independent panel of judges. Portware’s selection as Best Trading System follows a year of unprecedented product innovation and client acquisition, as more global firms turn to Portware to solve their most complex trading and workflow challenges.
Portware is the only provider to inject artificial intelligence and commission optimization tools for algo management and real-time decision support into the execution management system (EMS). Portware Enterprise is an ultra-fast, open, thinking EMS that automates and bolsters the buy side’s most complex workflows. It deploys the latest in visualization tools to empower traders to "trade the graphs" and sort, filter, and see their orders in a way that helps them make the most informed decisions in the shortest time. The fully customizable, real-time system acts as a central platform to communicate, analyze and execute investment ideas for global equities, futures, options, fixed income and FX. It seamlessly integrates with other systems and provides clients unconflicted access to the widest range of liquidity providers, broker algorithmic suites and trading destinations worldwide.
Portware significantly invested in its product suite throughout 2013, with an enhanced integration between Portware Enterprise and Alpha Vision, the first and only predictive analytics tool that helps match the best algo for the order for a given situation in real-time to give traders increased control and ensure they continuously enhance their broker relationships. Alpha Vision dynamically switches between algorithms and adjusts to market conditions to maximize alpha capture and minimize impact cost, adverse selection and the impact of high-frequency trading (HFT). By automating these traditionally manual processes, Portware frees traders to use their skills and experience to make better, faster decisions to improve performance in a way that no other system can.
“Electronic trading in today’s fragmented marketplace poses many challenges for buy-side traders who must juggle hundreds of algorithms to make successful trading decisions. Traders increasingly need smarter tools that can help them better predict the outcome of different strategies by tapping into past, present, and future market events and automating the selection of the optimal strategy,” said Alfred Eskandar, CEO of Portware. “We’re honored that FStech has recognized the work we’ve done to help solve the industry’s most complex trading challenges by naming us the 2014 Best Trading System.”