Alveo concludes strong quarter by being named “Best Buy-Side Data Management Platform” in the Data Management Insight Awards USA 2023

Industry recognition of company’s innovation in integrated data management and analytics and customer momentum in managed data services.

Last week, A-Team’s Data Management Insight announced Alveo as the winner of the Best Buy-Side Data Management Platform in the Data Management Insight Awards USA 2023. The award was based on industry voting. Angela Wilbraham, CEO at A-Team Group, and host of the Data Management Insight Awards USA 2023, commented “These awards recognise both established solution vendors and innovative newcomers providing leading data management solutions, services and consultancy to capital markets participants across North America. Our congratulations go to Alveo for winning Best Buy-Side Data Management Platform.”

This latest industry recognition comes at the end of a strong quarter and continued momentum for Alveo. Just last week Alveo announced that Wilshire Indexes, a leading global benchmark platform, has selected the Alveo Data-as-a-Service (“DaaS”) solution for corporate actions data management.
During this quarter Alveo was also selected by an additional two new clients who are currently being onboarded.

Common themes underpinning both customer momentum and industry recognition have been the continuing buildout of Alveo’s PaSS managed data services and its broadening service catalogue, and Alveo’s new user interface, Ops360, and focus on user self-service and faster onboarding of data.

Mark Hepsworth, CEO Alveo, said “We are very pleased with this industry recognition based on public voting. The industry is focusing on the cloud and cloud technologies are driving some exciting innovations. We have incorporated a number of these into our products and at the same time provide clients with additional options to control the data management services they require. I think this is particularly relevant for the buyside and it is great to get this recognition for the solutions we are now offering.”