Award win underpinned by recent new product innovation and managed services expansion
London, UK, 21 May 2020 – Alveo, a leading solutions provider of managed data services for data mastering and analytics, has won ‘Best Data Management Solution for Regulatory Compliance’ as part of the A-Team Group’s RegTech Insight Awards 2020. This is the third time Asset- Control has won this award in the last four years.
Alveo won the award on the back of several recent new customer wins and client adoption of its range of new products and managed services. Alveo’s cloud-based managed service, PaSS provides financial institutions with an adaptable data integration, mastering, and distribution platform that is used by some of the world’s leading banks, asset managers and regulators, as well as smaller organizations globally, to meet their data quality, compliance and regulatory requirements.
The recent COVID-19 outbreak and subsequent market volatility and spike in volumes have further highlighted the importance of reliable, scalable, and flexible infrastructure to provide quality data to business users and reporting applications.
Mark Hepsworth, CEO of Alveo, said: “We are delighted to have won Best Data Management Solution for Regulatory Compliance again at this year’s RegTech Insight Awards. We have put a lot of focus on product innovation and new services in recent years and appreciate the market recognition since we have rolled these out. Transparent quality management and end-to-end lineage for regulatory compliance is a key driver for our clients but we have also focused on enabling business users to self-service requirements, helping clients reduce operating costs and achieve faster implementation.”
“We are delighted that our cross-platform readership of over 20,000 senior technology officers and data specialists rated Alveo as the Best Data Management Solution for Regulatory Compliance in a very competitive field. We congratulate them on their prestigious RegTech Insight Award win,” said Angela Wilbraham, CEO of A-Team Group, which hosts the RegTech Insight Awards.”-ends-
About Alveo
Alveo is the market leader in data quality software solutions for financial data. Focused on business user enablement, we help clients simplify complexity and ensure users across buy-side and sell-side make the most of their data assets by providing easy data integration, data cleansing, distribution, and data discovery solutions.
We service a blue-chip client base globally and our award-winning solutions provide rigorous processes to secure high-quality data, easy integration into business user workflows, and a trusted environment for advanced analytics. Delivered through managed services, cloud or on-premise deployment, our highly scalable products help the world’s most successful financial institutions meet their risk management, valuation, security master, and operational needs with mission-critical reliability.
For more information; www.alveotech.com
