Alveo concludes strong Q2 Award run by winning FTF News’ Best Ops Data Management Solution

8 June 2021 – This week FTF News announced Alveo the winner of the Best Ops Data Management Solution in the FTF News Technology Innovation Awards 2021. The award was based on industry voting during Q2.  “As we celebrate the Tenth Anniversary of the FTF Awards and the 15th Anniversary of FTF, it has proven to be one of the most competitive to date,” says Maureen Lowe, founder, and president, FTF and FTF News. “Congratulations to Alveo for its innovation in the highly competitive operational data management space. Their leadership is especially critical during a time when firms must optimize data to mitigate risk, cut costs, and increase operational efficiencies overall. All of our winners should be proud of their accomplishments.”

This latest industry recognition comes in the wake of a string of other awards Alveo clinched this quarter. This has included the Best Reference Data Managed Service solution from IMD/IRD, Best Software Solution for FRTB in the RegTech Insight Awards, and Best Sell-Side Data Management Product in the Waters Sell-Side Technology Awards.

Common themes underpinning these awards have been a growing customer base especially on Alveo’s PaSS managed data services solution, the roll-out of Alveo’s Ops360 end-user data access and data management solution and its Alpha data warehouse offering which helps financial services firms easily access quality-vetted data for firm-wide integration and advanced analytics.

Mark Hepsworth, CEO Alveo, said “We are very pleased with this widespread industry recognition based on public voting.  Working closely with customers, we have done a lot of core product innovation and added new capabilities in the last couple of years. It is great to see this reflected in the multiple awards we have won this quarter.  Financial services have become increasingly data-intensive and it has been important to innovate around themes such as cloud deployment, open-source technologies and business user self-service to put financial services firms on a scalable footing when it comes to data quality and  market data provisioning.”

About Alveo

Alveo is the leader in market data integration and analytics solutions for financial services. Focused on optimizing data flows for business user self-service, we provide cloud-native data aggregation and data quality management that enables clients to easily access trusted data while maximizing their data ROI.

Through our managed services, we ensure that clients can smoothly onboard, prepare and validate data for use in operations, trading, investment management, pricing, risk, reporting and machine learning.

We service a global client base and our award-winning technology provides easy integration into business user workflows and a proven platform for advanced analytics. Through combining deep domain expertise with the latest open-source technologies, we help financial institutions ensure high-quality data, optimize market data cost and maximize productivity.

*Please note: This press release was originally published under Alveo Technologies. As of the publication date, Alveo Technologies is now known as Prime EDM under Gresham. Any prior Alveo content has been updated to reflect Gresham's current branding and offerings.