| In the fourth annual
Waters Rankings, our readers pick the industry's best
providers of tools and services.
The financial services industry would grind to a halt
without the tireless efforts of those who design and
build the technologies that sit on traders' desktops,
provide connectivity, ensure compliance, execute trades,
deliver data—the list goes on.
CIOs have their favorite compliance and outsourcing
solutions. Traders have their favorite trading gear.
Back-office technologists have their favorites, too.
In acknowledgement of the important role that technology
plays in keeping the industry humming, Waters is proud
to present the fourth annual Waters Rankings, where
the readers of Waters pick the best solutions out there
that get the job done. Whether it's an order management
system, a compliance solution or reams of market data,
our readers have told us what they want and who they
trust when it comes to providing these essential technologies
and services.
More than 500 readers from six continents voted for
this year's winners in 23 categories, up from 13 categories
last year. Read about all the award recipients and what
they've done over the last year to win over our readers.
Waters congratulates all the winners.
The Winners' Circle
- Institutional Brokerage:
Goldman Sachs Page
25
- Sell-Side Clearing: JPMorgan
Page 26
- Investor Services Provider:
JPMorgan Page 26
- Portfolio Management: Charles
River Development Page
26
- Sell-Side OMS: SunGard
Page 27
- Buy-Side OMS: Bloomberg
Page 27
- Execution Management: Bloomberg
Page 28
- Visualization Provider:
Fractal:Edge Page 28
- Market Data Provider: Bloomberg
Page 29
- Enterprise Data Management:
IBM Page 29
- Streaming Data Management:
SunGard Page 30
- Market Data Originator:
Nasdaq Page 30
- Anti-Money Laundering Solution:
SAS Page 31
- Messaging Compliance Provider:
Symantec Page 31
- Op-Risk Compliance Provider:
Algorithmics Page 32
- Turret Provider: IPC
Page 32
- Network Provider: BT Radianz
Page 33
- Telecommunications Provider:
Verizon Page 33
- Grid Provider: IBM
Page 34
- Server Virtualization Provider:
VMware Page 34
- Business Process Management:
Tibco Software Page
35
- Consultancy: McKinsey &
Co. Page 35
- Outsourcing Partner: Accenture
Page 36
BEST EXECUTION MANAGEMENT
Bloomberg Rules the Roost
1st Bloomberg (37.4%)
2nd Lava Trading (18.3%)
3rd TradingScreen (8.4%)
The readers of Waters have spoken: When it comes to
execution management, Bloomberg is the best. By winning
this award, Bloomberg becomes only the second vendor
in rankings history to win a hat trick, with IBM being
the first in 2004. Bloomberg received more than twice
the votes of second-place winner Lava Trading and four
times the votes of third-place finisher TradingScreen.
Launched in the beginning of 2005, Bloomberg Execution
Management System (EMS) provides Bloomberg users with
a multi-broker global equity and fixed-income trading
tool that combines data, trade-blotter analytics and
extensive order routing options free for all Bloomberg
subscribers.
Buy-side traders can create their own custom trading
blotters as well as use the wealth of real-time pre-trade,
working and post-trade analytics that can be custom
designed, or rely on the vast library of pre-defined
benchmarks. The platform also provides a real-time sorting
and filtering option that enables traders to identify
orders that need special handling versus the selected
benchmarks. Orders can be routed to more than 1,000
broker-dealer destinations globally that are on Bloomberg's
Global Order Routing network, or to other third-party
broker-dealers' algorithmic trading offerings or block
trading desks.
By offering a no-cost solution that ties data, analytics,
and execution routing together into one ubiquitous platform,
Bloomberg has won the hearts of asset managers large
and small.
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