Winners

Winners

2025 Winners

TRADED RISK

Market risk management product of the year: SS&C Algorithmics

Market liquidity risk product of the year: Bloomberg

Counterparty risk product of the year: Numerix

XVA product of the year: S&P Global Market Intelligence

FRONT-OFFICE REGULATION

FRTB (IMA) product of the year: Murex

FRTB (Standardised) product of the year: ActiveViam

Regulatory reporting product of the year: Regnology

PRICING/TRADING TECHNOLOGY

Pricing and analytics: commodities: Quantifi

Pricing and analytics: equities: Finastra

Pricing and analytics: fixed income, currencies, credit: Quantifi

Pricing and analytics: structured products/cross-asset: Numerix

Trading systems: commodities: Orchestrade

Trading systems: structured products/cross-asset: Murex

BUY-SIDE TECHNOLOGY

Buy-side market risk management product of the year: Orchestrade

EMS provider of the year: 360T

Best execution product of the year: Tradefeedr

Buy-side ALM product of the year: Moody's 

DATA AND OTHER SPECIALIST CATEGORIES

Market data vendor of the year: S&P Global Market Intelligence

Risk data repository and data management product of the year: Axoni

Electronic trading support product of the year: TransFICC

Best vendor for system support and implementation: Murex

BACK-OFFICE CATEGORIES

Clearing house support product of the year: FIA Tech

CCP risk / margin risk product of the year: LCH

Collateral management and optimisation product of the year: LSEG Post Trade

INNOVATION CATEGORIES

Best user interface innovation: ActiveViam

Best use of machine learning/AI: CompatibL

Best use of cloud: ActiveViam

2024 Winners

TRADED RISK

Market risk management product of the year: SS&C Algorithmics 

XVA calculation product of the year: Murex

Counterparty risk product of the year: Quantile

Market liquidity risk product of the year: Bloomberg 

Market scenario generator of the year: Conning

Electronic trading support product of the year: Adaptive – Aeron 

FRONT-OFFICE REGULATION 

Best support for risk-free rates market: Murex

FRTB product of the year: ActiveViam

Regulatory reporting product of the year: Regnology

Model risk management product of the year: Calvin Risk 

BUY-SIDE TECHNOLOGY 

Buy-side ALM product of the year: Moody’s Analytics 

Best execution product of the year: BestX

BACK-OFFICE CATEGORIES 

Central counterparty clearing support product of the year: Nasdaq

Collateral management and optimisation product of the year: LCH ForexClear 

PRICING/TRADING TECHNOLOGY 

Pricing and analytics: fixed income, currencies, credit: Quantifi 

Pricing and analytics: structured products/cross-asset: Murex

Trading systems: equities: Broadridge Financial Solutions 

Trading systems: fixed income, currencies, credit: MillTechFX 

DATA AND OTHER SPECIALIST CATEGORIES 

Alternative data vendor of the year: Accelex 

Best vendor for system support and implementation: Quantifi 

Private markets data product of the year: Oxane Partners 

INNOVATION CATEGORIES 

Best use of cloud: ActiveViam

Best use of machine learning/AI: SteelEye 

Best modelling innovation: CompatibL

Best use of natural language processing: SOLVE 

Best user interface innovation: Visual Structuring by Goldman Sachs Marquee

2023 Winners

TRADED RISK 

Counterparty risk product of the year: Quantifi 

Market liquidity risk product of the year: Bloomberg 

Market risk management product of the year: SS&C Algorithmics 

FRONT-OFFICE REGULATION 

Best support for risk-free rates: Bloomberg 

Best UMR: Adenza 

Execution management system provider of the year: FactSet – Portware 

EMS FRTB product of the year: Opensee 

Regulatory reporting product of the year: Droit 

XVA calculation product of the year: Numerix 

PRICING/TRADING TECHNOLOGY 

Pricing and analytics: fixed income, currencies, credit: Quantifi 

Pricing and analytics: structured products/cross-asset: Bloomberg 

Trading systems: fixed income, currencies, credit: Murex 

Electronic trading support product of the year: TransFICC 

BUY-SIDE TECHNOLOGY 

Best execution product of the year: Tradefeedr 

Buy-side market risk management product of the year: FactSet 

Market scenario generator of the year: Conning 

DATA AND OTHER SPECIALIST CATEGORIES 

Best vendor for system support and implementation: RiskVal Financial Solutions 

Risk data repository and data management product of the year: Moody’s Analytics 

BACK-OFFICE CATEGORIES 

Central counterparty clearing support product of the year: Adenza 

Collateral management and optimisation product of the year: CloudMargin 

INNOVATION CATEGORIES 

Best use of cloud: Adaptive Financial Consulting 

Best use of machine learning/AI: Riskfuel Analytics 

Best modelling innovation: CompatibL 

Best use of natural language processing: Mirato 

Best user interface innovation: OpenFin

2022 Winners

TRADED RISK 

Counterparty risk product of the year: Quantifi 

Market liquidity risk product of the year: Bloomberg 

Market risk management product of the year: Murex 

XVA calculation product of the year: IHS Markit 

FRONT-OFFICE REGULATION 

Best support for Libor reform: Bloomberg 

Best UMR service of the year: Cassini Systems 

FRTB product of the year: Murex 

Regulatory reporting product of the year: IHS Markit 

PRICING/TRADING TECHNOLOGY 

Pricing and analytics: commodities: Enuit 

Pricing and analytics: fixed income, currencies, credit: RiskVal Financial Solutions 

Pricing and analytics: structured products/cross-asset: Bloomberg 

Trading systems: commodities: Hitachi Energy 

Trading systems: equities: Itiviti, a Broadridge Business 

BUY-SIDE TECHNOLOGY 

Best execution product of the year: BestX 

Buy-side ALM product of the year: Moody’s Analytics 

Buy-side market risk management product of the year: Qontigo 

Order management system provider of the year: IMTC 

Execution management system provider of the year: FactSet 

Performance attribution product of the year: Confluence Technologies 

DATA AND OTHER SPECIALIST CATEGORIES 

Alternative data vendor of the year: RavenPack 

Best vendor for system support and implementation: Eka Software Solutions 

Market data vendor of the year: 360T 

Risk data repository and data management product of the year: Databricks 

BACK-OFFICE CATEGORIES

Central counterparty clearing support product of the year: swissQuant 

Collateral management and optimisation product of the year: CloudMargin 

INNOVATION CATEGORIES

Best use of cloud: Torstone Technology 

Best use of machine learning/AI: IHS Markit 

Best modelling innovation: CompatibL

2021 Winners

TRADED RISK

Market risk management product of the year: Oracle 

Market liquidity risk product of the year: Bloomberg 

Counterparty risk product of the year: Murex 

FRONT-OFFICE REGULATION

FRTB product of the year: ActiveViam 

Regulatory reporting product of the year: SteelEye 

Best support for Libor reform: Murex 

PRICING/TRADING TECHNOLOGY

Pricing and analytics: fixed income, currencies, credit: Quantifi 

Pricing and analytics: structured products/cross-asset: Murex 

Trading systems: commodities: Eka Software 

Trading systems: equities: Murex 

Trading systems: fixed income, currencies, credit: Murex 

BUY-SIDE TECHNOLOGY

Buy-side market risk management product of the year: Qontigo/RiskSpan (tie) 

Performance attribution product of the year: Confluence 

Best execution product of the year: BestX 

Buy-side ALM product of the year: Moody’s Analytics 

Market scenario generator of the year: Conning 

DATA AND OTHER SPECIALIST CATEGORIES 

Market data vendor of the year: FIS 

Alternative data vendor of the year: FactSet 

Risk data repository and data management product of the year: Cloudera 

Electronic trading support product of the year: TransFICC 

Best vendor for system support and implementation: Murex 

BACK-OFFICE CATEGORIES

Central counterparty clearing support product of the year: Nasdaq 

Collateral management and optimisation product of the year: Vermeg 

INNOVATION CATEGORIES

Best user interface innovation: IBM 

Best use of machine learning/AI: Tradeteq 

Best use of natural language processing: SESAMm 

Best use of cloud: Milliman 

Best modelling innovation: Crisil

2020 Winners

JUDGES’ AWARD FOR INNOVATION: Beacon Platform 

TRADED RISK TECHNOLOGY 

Market liquidity risk product of the year: Bloomberg 

Market risk management product of the year: Murex 

Counterparty risk product of the year: Murex 

XVA calculation product of the year: FIS 

FRONT-OFFICE REGULATION 

FRTB product of the year: IHS Markit 

Mifid II product of the year: Droit Financial Technologies 

Regulatory reporting product of the year: Kaizen Reporting 

Solvency II product of the year: Moody’s Analytics 

PRICING/TRADING TECHNOLOGY 

Pricing and analytics, commodities: Lacima 

Pricing and analytics, structured products and cross-asset: Bloomberg 

Trading systems, commodities: Ion RightAngle 

Trading systems, FICC: Murex 

Trading systems, structured products and cross-asset: Murex 

BUY-SIDE TECHNOLOGY

Best execution product of the year: BestX 

Buy-side ALM product of the year: RiskFirst 

Buy-side market risk management product of the year: FactSet 

Buy-side trading system of the year: FactSet 

Performance attribution product of the year: StatPro 

BACK-OFFICE CATEGORIES

CCP clearing support product of the year: Nasdaq 

Collateral management and optimisation product of the year: Bloomberg 

DATA AND OTHER SPECIALIST CATEGORIES 

Alternative data vendor of the year: IHS Markit 

Best vendor for systems support and implementation: Murex 

Electronic trading support product of the year: Velocimetrics 

Risk data repository and data management product of the year: Xenomorph Software

2019 Winners

Buy-side market risk management product of the year: Axioma 

Performance attribution product of the year: StatPro 

Best execution product of the year: BestX 

Buy-side ALM product of the year: RiskFirst 

CCP support product of the year: Sernova 

Collateral management and optimisation product of the year: CloudMargin 

Mifid II product of the year: Droit 

FRTB product of the year: IHS Markit 

Solvency II product of the year: Moody’s Analytics 

Regulatory reporting product of the year: NEX 

Market risk management product of the year: Beacon FIS 

Market liquidity risk product of the year: IHS Markit/MSCI 

Counterparty risk product of the year: FIS 

XVA calculation product of the year: FIS 

Pricing and analytics: Commodities: Lacima 

Pricing and analytics, FICC: Fincad 

Pricing and analytics, structured products/cross-asset: Beacon 

Trading systems, commodities: Allegro 

Trading systems, FICC: Nasdaq 

Trading systems, structured products/cross-asset: Numerix 

Pricing and analytics, equities: Hanweck 

Market data vendor of the year: Refinitiv 

Alternative data vendor of the year: Four Twenty Seven

Risk data repository and data management product of the year: AxiomSL 

Electronic trading support product of the year: MarketAxess 

Best vendor for system support and implementation: Murex