Alveo recognized as “Best Data Management Solution for Regulatory Compliance” for the second consecutive year

Alveo is delighted to announce that it has been voted ‘Best Data Management Solution for Regulatory Compliance’ in the A-Team Group’s RegTech Awards 2018, for the second consecutive year since the Awards’ inception in 2017.

Alveo received the most votes in this popular and significant category from the readers and financial institution members of Data Management Review (DMR) and Intelligent Trading Technology (ITT), following a shortlist developed by the A-Team Group’s editorial team in conjunction with its RegTech Advisory Board. Alveo was commended for its continued efforts and strong capabilities in helping financial institutions improve the timeliness and quality of their market, reference and risk data, meeting the requirements for key regulations like MiFID II and preparing for FRTB, by addressing regulatory compliance related data sourcing, mastering and distribution challenges.

“We are very pleased to offer our congratulations to Alveo on their prestigious RegTech Award win. Our RegTech community of 28,000 readers of our Data Management Review and Intelligent Trading Technology communities clearly voted Alveo as the leading provider of ‘Data Management Solution for Regulatory Compliance’,” said Angela Wilbraham, CEO of A-Team Group.

As part of the awards process, the members of the A-Team Group’s DMR & ITT communities were asked to vote for the data management solution provider who they thought was best aiding regulatory compliance. Alveo was selected as the winner from a shortlist of 19 providers.

In addition, Alveo was shortlisted for ‘Best Vendor Solution to Address an FRTB Requirement’.

Mark Hepsworth, CEO, Alveo, comments: “Alveo is extremely proud to have been recognised by the industry for the second consecutive year in this significant and competitive category.”

“We believe this supports the exciting work and development we have been undertaking around our new product roadmap, with a core focus on our clients’ regulatory and data management challenges. and the solutions that address the mounting pressures surrounding this topic.”

About Alveo

Alveo provides high performance financial data management systems to the world’s top financial institutions, including G-SIBs and investment managers. Whether for compliance, valuation, or risk, we deliver data with efficiency, transparency and integrity.