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Portware Named Best Buy-side EMS for Third Time
November 9, 2015
Portware, a FactSet company and the first and only global provider of multi-asset trade automation solutions powered by artificial intelligence, today announced it has been named the Best Buy-side execution management system (EMS) in the 2015 Buy Side Technology Awards. The win marks the third year Portware has been recognized for its market-defining flagship product, Portware Enterprise.
According to Buy Side Technology, the best buy-side EMS award recognizes the platform that features multi-broker/exchange connectivity, pre-trade transaction cost analysis (TCA), algorithmic trading tools and direct market access (DMA), and strong integration capabilities with order management systems (OMSs). Judged by an experienced panel of journalists, independent analysts, and industry experts, the award recognizes Portware as the only multi-asset EMS to combine smart trade automation and execution to bolster the buy side's most complex workflows and optimize alpha. Portware's fully customizable, ultra-fast, and open real-time EMS serves as a central platform to communicate, analyze, and execute investment ideas to make the most informed decisions across asset classes in the shortest time.
The win caps another impressive year for Portware, including an expanded global footprint across the Americas, EMEA, and APAC and new client acquisition that sees Portware servicing clients managing over $9 trillion collectively in assets. Portware is now supported by FactSet Research Systems Inc. (NYSE; NASDAQ: FDS), which acquired Portware for $265 million. FactSet's superior financial research, insights, and analytics, together with Portware's award-winning multi-asset trading technology will allow investment professionals worldwide to receive the most comprehensive investment solutions across the entire trade lifecycle. Portware's highly customizable EMS will continue to provide powerful trade analysis and automation with deeper integration of FactSet data to more closely align portfolio strategy with trade execution.
"Portware's continued industry recognition is a testament to our clients and their continued support and collaboration as we drive our vision for a new kind of truly multi-asset, smart trading platform," said Alfred Eskandar, CEO, Portware. "Global buy-sides are faced with increasingly complex business and trading challenges, and we are honored that they continue to turn to Portware as a trusted partner and recognize our commitment to constantly innovating to give our clients the custom solutions they need."
About Portware, a FactSet company Portware, a FactSet company, is the first and only global provider of multi-asset trade automation solutions powered by artificial intelligence. Portware's thinking EMS helps automate and streamline the buy side's most complex trading workflows. Spanning more than 40 offices in 16 countries together with FactSet, Portware works in partnership with its clients to create highly customizable, automated solutions to create bespoke workflows, increase operational efficiencies and more closely align portfolio strategy with trade execution worldwide. As part of FactSet Research Systems Inc. (NYSE; NASDAQ:FDS), Portware's award-winning trade automation solutions are redefining the electronic trading landscape by empowering traders and portfolio managers to maximize liquidity access, minimize information leakage, and enhance trade execution quality consistently to outperform in today's complex global markets.
About FactSet FactSet, a leading provider of financial information and analytics, helps the world's best investment professionals outperform. More than 60,000 users stay ahead of global market trends, access extensive company and industry intelligence, and monitor performance with FactSet's desktop analytics, mobile applications, and comprehensive data feeds. The Company has been included in FORTUNE's "100 Best Companies to Work For," the United Kingdom's "Great Places to Work," and France's "Best Workplaces." FactSet is listed on the New York Stock Exchange and NASDAQ (NYSE; NASDAQ: FDS). Learn more at www.factset.com, and follow us on Twitter: www.twitter.com/factset.