IMD & IRD Awards 2017: All the winners and why they won
The Inside Market Data/Inside Reference Data Awards 2017 featured a total of 28 categories, the highlight of which was HSBC Securities' Chris Johnson receiving this year's hall of fame award.
![IMD/IRM Awards 2017 Hall of Fame](/sites/default/files/styles/portrait_400_647/public/2017-06/Hall%20of%20Fame.jpg.webp?h=fd6a21ab&itok=BQtpKeZz)
In this year’s awards, FactSet Research Systems unseated Bloomberg, winning the Best Market Data Provider (Vendor) award that Bloomberg has won every year since the inaugural awards in 2003. In addition, FactSet took home the Best Analytics Provider award that it also won last year.
In another display of excellence, SIX Financial Information scooped the prizes three categories: Best Corporate Actions Provider, which it won for the eighth year in a row; Most Innovative Regulatory Solution, for its Sanctioned Securities Monitoring Service; and the Best Overall Data/Service Provider award, which was awarded based on a combination of the reader poll, submissions in judged categories, and other industry initiatives.
Other entrants notable for multiple wins were Thomson Reuters and SmartStream, picking up two awards apiece. Thomson Reuters won Best Reference Data Provider and Best Mobile Initiative for its Eikon Messenger on Mobile service, while SmartStream’s Reference Data Utility won Best Reference Data Integration Vendor and Best Reference Data Initiative for the introduction of its Listed Derivatives Reference Data Service.
This year, we moved more categories from the reader poll segment to the judging panel segment of the awards. One reason is that it forces entrants to provide demonstrable metrics of success for the products and services they submit, and to articulate which regulations or market needs they address, and how.
With competition increasing in the data industry, with new services and new players coming to market, and with a host of market and regulatory pressures driving firms’ strategic decisions, excellence has to be par for the course.
The winners
Best Market Data Provider (Vendor)—FactSet
Best Market Data Provider (Exchange)—London Stock Exchange
Best Market Data Provider (Broker)—Tullett Prebon Information
Best New Data Product—IHS Markit
Best Enterprise Data Management Vendor—GoldenSource
Best Reference Data Provider—Thomson Reuters
Best Evaluated Prices Service Provider—Bloomberg
Best Real-Time Market Data Initiative (Vendor)—MarketAxess
Best Analytics Provider—FactSet
Most Innovative Market Data Project (Vendor)—OTC Markets
Best Research Provider—S&P Global Market Intelligence
Best Low-Latency Data/Technology Provider—Nasdaq Market Technology
Best Big Data Analytics & Technology Provider—S3 Partners
Best Mobile Initiative—Thomson Reuters
Best Market Data Newcomer (Product)—Advantage Data
Best Supporting Services Provider—Jordan & Jordan
Most Innovative Regulatory Solution—SIX Financial Information
Best Reference Data Integration (Vendor)—The SmartStream RDU
Best Managed Service for Reference Data—Broadridge
Best Corporate Actions Data Provider—SIX Financial Information
Best Enterprise Data Management Initiative (Vendor)—Eagle Investment Systems
Best Reference Data Initiative (Vendor)—The SmartStream RDU
Winner’s Circle—The SmartStream RDU
Best Corporate Actions Initiative (Vendor)—DTCC
Best Reference Data Newcomer (Product)—AIM Software
Best Overall Data/Service Provider—SIX Financial Information
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