Omgeo and SunGard each won four awards, including the Person of the Year award with a tie that honors President and CEO of Omgeo Marianne C. Brown and President and CEO of SunGard CristÃ³bal Conde. Two awards went to BNY Mellon Alternative Investment Services and Markit Document Exchange shared the Best Data Management Initiative award with Omgeo ALERT. Organizations were recognized in 15 categories.
âThe editorial team put a lot of careful thought and effort into considering nominations and into the final voting processes,â says FTF founder Maureen Lowe. âFTF always strives to address the central and most topical concerns of the financial technology industry and this is reflected in our events as well as in our online publication and awards. By setting an example, the nominees and winners are moving the industry forward and paving the way for a better future.â
An editorial team consisting of industry veteran Holly Miller, partner and co-founder of Stone House Consulting, Eugene Grygo, editor of FTF News, Adrian Goulbourn, publisher of FTF News, and Maureen Lowe, founder and president of Financial Technologies Forum guided the award nominations and named the finalists. Eligible industry participants who are registered subscribers to FTF News put forward nominations via an online process and then voted to choose recipients of the awards. FTF tabulated a total of 3,811 votes.
The inauguration of the awards program follows closely the launch of FTF News in February. FTF News is focused on securities trading and operations technology solutions and services. It offers a global interactive community where readers can find original editorial content, daily news, in-depth analysis and industry research.
The FTF Technology Innovation Awards 2011 Winners are as follows:
Clearing & SettlementâBest Central Counterparty Clearing House (CCP):
The Depository Trust & Clearing Corporation (DTCC)
Corporate Actions ProcessingâBest Industry Initiative:
Risk ManagementâMost Innovative Approach to Operational Risk:
Performance MeasurementâMost Effective Client Reporting Solution:
DST Global SolutionsâAnova Middle Office Analytics
Reconciliation & Exceptions ManagementâBest Automated Solution:
Regulation and ComplianceâBest Document Management Solution:
Advent Software, Inc.
Derivatives OperationsâBest Achievement in Derivatives Automation:
Hedge Fund OperationsâBest Outsourcing Initiative:
BNY Mellon Alternative Investment Services
Enterprise OperationsâBest Utilization of the Cloud:
Enterprise OperationsâMost Innovative Mobile Solution:
Broadridge Financial Solutions, Inc.
Best Data Management Initiative:
Omgeo and Markit (Based on a partnership between Omgeo ALERT and Markit Document Exchange)
Most Effective Use of Social Media:
Acquisition of the Year:
BNY Mellon Alternative Investment Services acquired PNCâs Global Investment Servicing Inc. (GIS)
Service Provider of the Year:
Person of the Year (Tie):
Marianne C. Brown, President and CEO, Omgeo
CristÃ³bal Conde, President and CEO, SunGard