Trophy Cabinet: Winners of the 2017 Waters Rankings and AFTAs
Looking back at the winners of Waters Rankings and the AFTAs for the past year.

In 2017, we gave out 63 awards during the Waters Rankings and the American Financial Technology Awards (AFTAs). Both awards introduced one new category around artificial intelligence (AI). Waters Rankings added Best AI Technology Provider, won by AlphaSense, while the AFTAs awarded Best AI Initiative to FIS.
Below are the winners of both Waters Rankings and the AFTAs.
Waters Rankings
Announced July 20
- Best Agency Broker — Bloomberg Tradebook
- Best Crossing Network — Instinet
- Best Sell-Side Clearing Provider — DTCC
- Best Reconciliation Management Provider — Electra Information Systems
- Best Algorithmic Trading Provider — Wolverine Execution Services
- Best Artificial Intelligence (AI) Technology Provider — AlphaSense
- Best Sell-Side Order Management System (OMS) Provider — Bloomberg
- Best Buy-Side Order Management System (OMS) Provider — Eze Software Group
- Best Portfolio Management System Provider — RiskVal Financial Solutions
- Best Buy-Side Execution Management System (EMS) Provider — Eze Software Group
- Best Performance Measurement System Provider — FactSet
- Best Transaction-Cost Analysis (TCA) System Provider — FIS
- Best Enterprise Data Management (EDM) Provider — IHS Markit
SS&C Advent wins for Best Accounting System Provider
- Best Reference Data Provider — Thomson Reuters
- Best Corporate Actions Provider — SIX Financial Information
- Best Low-Latency Data Feed — Thomson Reuters
- Best Data Analytics Provider — Broadridge Financial Solutions
- Best Anti-Money Laundering (AML) Compliance Solution — NICE Actimize
- Best Market Risk Solution Provider — RiskVal Financial Solutions
- Best Credit Risk Solution Provider — Moody’s Analytics
- Best Market Surveillance System Provider — Nasdaq SMARTS
- Best Reporting System Provider — Vermilion Software
- Best Accounting System Provider — SS&C Advent
- Best Cybersecurity Provider — Eze Castle Integration
- Best Outsourcing Service Provider — Electra Information Systems
- Best Trading Floor Communication System Provider — IPC Systems
- Best Network Provider — BT Best Mobile Solution Provider — TS
- Best Cloud-Based Services Provider — Archer
- Best Cloud Infrastructure Provider — Amazon Web Services
American Financial Technology Awards
Held December 5
- Best AI technology initiative—FIS
- Best back-office initiative—SmartStream Technologies
- Best collaboration initiative—SS&C Advent
- Best communications infrastructure provider—IPC Systems
- Best front-office initiative—State Street Global Exchange
- Best middle-office initiative—RIMES Technologies
- Best new technology introduced over the last 12 months – front office—IHS Markit
- Best new technology introduced over the last 12 months – infrastructure—Metamako
- Best new technology introduced over the last 12 months – middle and back office—AdvantageData
- Best new technology introduced over the last 12 months – risk compliance and reporting—AQMetrics
- Best partnership or alliance—Thomson Reuters & Symphony Communications
- Best third party technology vendor IT team—Axioma
- Best trading infrastructure provider—Cobalt
- Best use of the Agile methodology—Confluence
- Most innovative technology vendor – front office—Overbond
- Most innovative technology vendor – infrastructure—UnaVista
- Most innovative technology vendor – middle office—S3 Partners
- Most innovative technology vendor – risk, compliance and reporting—Imagine Software
- Best analytics initiative—Credit Suisse
- Best cloud initiative—Northern Trust
- Best compliance initiative—Bank of America Merrill Lynch
- Best cross-asset trading initiative—State Street Corporation
- Best data management initiative—Deutsche Bank
- Best infrastructure initiative—JPMorgan Asset Wealth Management
- Best IT integration initiative —Cowen
- Best IT team—Charles Schwab Investment Management
- Best mobile strategy initiative—Janus Henderson
- Best reporting initiative—State Street Corporation
- Best risk management initiative—TD Securities
- Most cutting-edge IT initiative —JPMorgan Asset Wealth Management Individual Categories
- Best third-party technology vendor CIO or CEO—Neil Barua (IPC Systems)
- Best technology executive, buy side—Mike Urciuoli (JPMorgan Asset Wealth Management)
- Best technology executive, sell side—Jodi Richard (US Bank)
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
Women in Technology & Data Awards 2025 winner’s interview: Kaja Zupanc (Duco)
Kaja Zupanc won the Data science professional of the year (vendor) category in the 2025 Witad Awards.
Witad Awards 2025: Risk professional of the year—Anne Leslie, IBM Cloud
Anne Leslie, cloud risk and controls leader for EMEA at IBM, wins risk professional of the year in the 2025 Women in Technology and Data Awards.
Women in Technology & Data Awards 2025 winner’s interview: Maureen Downs (Connamara Technologies)
Interview with Connamara Technologies co-founder, Maureen Downs.
Buy-Side Technology Awards 2024 winner’s interview: FactSet
Video discussion on FactSet’s trio of wins in the 2024 BST Awards
Witad Awards 2025: Vendor professional of the year (business development)—Ripple Bhullar, Kyndryl
Ripple Bhullar, vice president, head of US capital markets and diversified, at Kyndryl, wins vendor professional of the year (business development) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Technology leader of the year (vendor)—Mary Cecola, Broadridge Financial Solutions
Mary Cecola, CTO for asset management at Broadridge Financial Solutions, wins technology leader of the year (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Trailblazer (Lifetime achievement) award (vendor)—Maureen Downs, Connamara Technologies
Maureen Downs, co-founder and chair of Connamara Technologies, wins the Trailblazer (Lifetime achievement) award (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Legal/compliance professional of the year—Devi Shanmugham, Tradeweb
Devi Shanmugham, global head of compliance at Tradeweb, wins legal/compliance professional of the year in the 2025 Women in Technology and Data Awards.