Buy-Side Technology Awards 2015: Best Broker-Supplied Tool/Technology—UBS Delta
![ubsdelta-brokertool ubsdelta-brokertool](/sites/default/files/styles/landscape_750_463/public/import/IMG/066/336066/ubsdelta-brokertool-580x358.jpeg.webp?itok=sqBtW8ry)
If UBS Delta won this year’s best risk/portfolio analytics award for its breadth of functionality (see page 32), it takes this category for its continuously lengthening reach.
Few firms on the Street, banks or otherwise, can claim a buy-side technology base of over 2,200 individual users for a single product, but UBS can do just that. As in past years, newly onboarded firms using Delta exhibit real variety, from massive asset management firms to moderately sized pension schemes and small hedge funds. But what the judges found most impressive was the significant growth in adoption among current clients—with new teams pulling in Delta for fresh purposes.
Certainly, this is to do with Delta’s increasingly expansive modeling, performance and attribution, and reporting capabilities. But it also is to do with the changing nature of investment styles and a new appetite among institutional investors for alternative strategies that may have once seemed eccentric or risky.
Three illustrations from different areas prove the point: the reporting module in Delta can handle emerging markets hedge funds with bespoke credit long-short analytics, issuer charts, and spread risk analysis; available multi-asset class credit curves deploy a proprietary “hazard rate” process that uses volatility surfaces to produce greater granularity; and UBS’ support team has increasingly been helping clients with modeling of alternatives and private placements.
These are the kinds of niches one can cover with 40 developers dedicated to Delta’s continued evolution, and as the sell side continues to develop new tech tools for its clientele, UBS has raised the bar for success ever higher with sibling tech initiatives like UBS Bond Port and UBS Neo, as well.
As in past years, newly onboarded firms using Delta exhibit real variety, from massive asset management firms to moderately sized pension schemes and small hedge funds. But what the judges found most impressive was the significant growth in adoption among current clients—with new teams pulling in Delta for fresh purposes.
Clearly, just commoditizing an in-house tool isn’t enough if one wants to really compete, and for UBS, furnishing outstanding tech to the buy side has graduated from a revenue stream to a passion. No one is better at it today.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Sell-Side Technology Awards 2024 winner’s interview: Broadridge
In this year’s Sell-Side Technology Awards, Broadridge Financial Technology won Best outsourcing provider to the sell side thanks to its hugely successful business process outsourcing offering
Waters Rankings 2024: Best market risk solution provider (highly commended)—FactSet
Product/service: FactSet Multi Asset Class Risk Solutions
Waters Rankings 2024: Best portfolio management system provider (highly commended)—FactSet
Product/service: FactSet PM Hub
Waters Rankings 2024 winner’s interview: IPC Systems
IPC Systems won the Best cloud infrastructure provider category in this year’s Waters Rankings. Tim Carmody, CTO of IPC, discusses his firm’s recent success in the rankings
Waters Rankings 2024 winner’s interview: Vneuron
Vneuron Risk & Compliance won the best AML compliance solution provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: Cloud9
Cloud9, part of Symphony, won Best trading floor communication system provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: AI Risk
New York-based AI Risk won the Best cyber security provider category in this year’s Waters Rankings.
Waters Rankings 2024: Best performance measurement and attribution system provider—FactSet
Product/service: FactSet Performance Solutions