Portware Named Best Buy-side EMS for Third Time
New York/Hong Kong/London, 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.”
FactSet Research Systems Inc.