Alveo wins major buy-side data management award
6 December 2020 – Alveo, a leading solutions provider for financial data management, has been awarded Best Buy-Side Data Management Platform at this year’s Data Management Insight Awards, hosted by A-Team Group. Alveo’s award win was announced on Thursday December 3rd.
The award comes at a time when, through product innovation, rolling out cloud-based data management services and recent client wins, Alveo has built on its strong position in buy-side data management, strengthening its solution throughout the end-to-end data management process of sourcing, visualisation, business user enablement, maximizing data ROI and data quality analytics.
The win can also be seen in the context of Alveo’s recently-released web UI Ops 360, which provides buy-side firms with optimised integration with content sources, easy data access via browser and APIs and full transparency on data flows.
Key capabilities of Alveo’s platform include the ability to help users source data cost-effectively, avoiding duplication and helping optimize data ROI. Through managed vendor interfaces covering product data, pricing, indices and ratings, structured data workflow and data lineage, Alveo helps asset managers sustainably improve data quality and productivity.
Mark Hepsworth, CEO, Alveo, said: “We are really pleased to win Best Buy-Side Data Management Platform at this year’s Data Management Insight awards. It is testament to our expanding buy-side client base and our ongoing product evolution. We are looking forward to continuing to work meeting these customers’ requirements in 2021.”
The annual Data Management Insight awards are designed to recognise the criticality of excellent data services and data management as well as a growing appetite for innovation. The awards are overseen by an advisory board who help shape the categories and review the nominations alongside A-Team Group’s editors.
Angela Wilbraham, CEO of the A-Team Group, who hosted the Data Management Insight Awards 2020, commented “Our awards recognize leading providers of data management solutions, services and consultancy to capital markets and Alveo has proven themselves to be worthy winners of this prestigious title. We congratulate Alveo winning the Best Buy-Side Data Management Platform in recognition of their continuing excellence in the data management space.”
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 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.