Alveo recognized for “Best Data Management Solution for Regulatory Compliance”

Alveo is delighted to announce that it has been voted ‘Best Data Management Solution for Regulatory Compliance’ in the A-Team Group’s inaugural RegTech Awards 2017.

Fighting off strong competition in a significant award category, Alveo’s success can be seen as recognition of its efforts to support financial institutions in improving the timeliness and quality of their market, reference and risk data, to meet the requirements for key regulations like MiFID II and FRTB, by addressing specific data integrity, integration and distribution challenges.

“We are very pleased to offer our congratulations to Alveo on their prestigious RegTech Award win. Our readership of 15,000 senior data management executives clearly voted Alveo as the leading provider of Data Management Solutions for Regulatory Compliance,” said Angela Wilbraham, CEO of A-Team Group, which hosts the RegTech Awards.

As part of the awards process, the 15,000 members of the A-Team Group’s Data Management Review & Intelligent Trading Technology communities were asked to acknowledge solution providers who they thought were creatively finding solutions to help with regulatory challenges by voting for those they considered best performing across a range of categories.

Initially, those members created the short list through a nomination process; the same community voted on the final winners. The decision was made by those members in conjunction with A-Team Group’s Advisory Board and Editor.

Mark Hepsworth, CEO, Alveo, comments: “Our thanks go out to all who voted, especially our clients and users. We really appreciate this recognition particularly at a time when there is so much focus on regulatory solutions.

“As we look ahead to 2018, we are excited about the new product roadmap we are working on and  will continue to bring further innovation around the accessibility, visualisation and distribution of market and reference data to help clients stay ahead of the evolving risk and regulatory landscape.”