Alveo wins Inside Market Data & Inside Reference Data Awards

Awarded ‘Best Reference Data Integration Vendor’

Alveo Wins ‘Best Reference Data Integration Vendor’ at 2019 IMD/IRD Awards

New York, 22 May 2019 – Alveo has been named Best Reference Data Integration Vendor at this year’s Inside Market Data and Inside Reference Data Awards, hosted by WatersTechnology. The awards were presented following an in-depth evaluation process conducted by a specially-selected judging panel. Alveo’s win follows the recent launch of its managed data services solution PaSS which includes hosting, application management and integration services.

“We are honoured to receive this year’s Best Reference Data Integration Vendor accolade in the prestigious IMD/IRD Awards,” said Mark Hepsworth, CEO Alveo. “Keeping up with regulatory reporting and business requirements is a major burden for financial services firms. Firms are facing a raft of challenges ranging from efficiently managing regulatory change to providing reliable and easily accessible quality financial data for business user enablement. Our new managed data services solution allows firms to quickly and cost-effectively onboard specific use cases in reference data including MiFID II post-trade reporting master data, independent valuation and FRTB reference data requirements. This allows firms to augment their infrastructure where required”.

Max Bowie, managing editor, WatersTechnology, said: “Accurate reference data is essential for understanding market data – and reference data integration is essential for understanding how different elements of market data work together to create a comprehensive view of activity in an instrument, asset class, or the market as a whole.

“In addition to being able to effectively identify and respond to business opportunities, accurate integration of reference data is of critical importance to being able to meet the reporting and data management demands of today’s more stringent regulatory environment,” he added. “As a result of its efforts to meet these different requirements, and its breadth of offerings in this space, the judges determined that Alveo is the deserving winner of this year’s Best Reference Data Integration Vendor award.”

Alveo’s win was announced at an awards ceremony in New York on 21 May 2019.

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 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.