PolarLake Buy Powers Bloomberg to Overall Winner in 2013 IMD/IRD Awards
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Bloomberg scooped a total of six awards at last night's Inside Market Data and Inside Reference Data Awards, buoyed by last year's acquisition of enterprise data management platform PolarLake, which delivered two wins in its own right in an otherwise close race that saw Thomson Reuters take home four awards, while S&P Capital IQ and SuperDerivatives both made their mark with three wins apiece.
Bloomberg won the award for overall Best Data Provider (Vendor), retaining the consistency that has seen the vendor win the award 11 years in a row since the inception of the awards. In addition, the vendor also took honors in the Best Data Provider for Equities, Best Data Provider for Fixed Income, and Best News Provider categories. In addition, its PolarLake business won the Best Reference Data Integration Vendor, as well as sharing the spoils of the Best Reference Data Initiative (User) category for an initiative with Swedbank.
S&P Capital IQ also capitalized on a recent acquisition, winning Acquisition of the Year for its purchase of French low-latency data and infrastructure provider QuantHouse, as well as Best Analytics Provider for its Compustat product, and Best Enterprise Data Management Initiative (Vendor).
Thomson Reuters' biggest award of the evening was the overall Best Reference Data Provider, which it also won in 2008 and 2009. The vendor also picked up the awards for Best Research Provider, which it has won every year except for FactSet Research Systems' back-to-back wins in 2011 and 2012, as well as Best Data Provider for Foreign Exchange and Best Low-Latency Data/Technology Vendor -- both of which it has won every year since the categories' introduction in 2007.
Close behind, SuperDerivatives' new DGX cloud-based terminal product was living up to the vendor's disruptive ambitions for it, winning Best New Data Product and Best Real-Time Market Data Initiative, while the vendor also took the Best Data Provider for Derivatives award, which it previously won in 2007, 2011 and 2012.
Other notable mentions include CME Group, which won the Best Data Provider (Exchange) award for the second year in a row, and Tullett Prebon Information, which won Best Data Provider (Broker) for the third year in succession; BT Global Financial Services, which won Best Data Networking and Infrastructure Provider for the third year in a row; Jordan & Jordan, which won Best Supporting Services Provider, which it also won in 2010 and 2012; NYSE Technologies won Contract Win of the Year, for its deal to host and distribute the RussellTick feed of index data from Russell Investments; and NYSE partner Social Market Analytics, which won Most Innovative Market Data Project (Vendor).
And in the call-for-entry categories, Steve Listhaus, head of market data services at Wells Fargo, was voted Market Data Executive of the Year by the judging panel.
In the reference data categories, Markit -- which on the same day as the awards announced a reported $500 million investment from Singapore-based fund Temasek -- won Best Evaluated Prices Service Provider and Best Reference Data Initiative (Vendor).
FULL LIST OF WINNERS
Inside Market Data categories decided by online poll:
Best Data Provider (Vendor): Bloomberg
Best Data Provider (Exchange): CME Group
Best Data Provider (Broker): Tullett Prebon Information
Best Data Provider for Equities: Bloomberg
Best Data Provider for Derivatives: SuperDerivatives
Best Data Provider for Fixed Income: Bloomberg
Best Data Provider for Foreign Exchange: Thomson Reuters
Best News Provider: Bloomberg
Best Research Provider: Thomson Reuters
Best Analytics Provider: S&P Capital IQ Compustat
Best Low Latency Data/Technology Vendor: Thomson Reuters
Best Data Networking and Infrastructure Provider: BT Global Financial Services
Best Supporting Services Provider: Jordan & Jordan
Best New Data Product: SuperDerivatives
Acquisition of the Year: S&P Capital IQ
Contract Win of the Year: NYSE Technologies
Inside Market Data call-for-entry categories decided by judging panel
Market Data Executive of the Year (User): Steve Listhaus
Best Real-Time Market Data Initiative (Vendor): SuperDerivatives
Most Innovative Market Data Project (Vendor): Social Market Analytics
Inside Reference Data categories decided by online poll
Best Reference Data Provider: Thomson Reuters
Best Enterprise Data Management Vendor: GoldenSource
Best Evaluated Prices Service Provider: Markit
Best Counterparty Data Provider: Avox, a DTCC Company
Best Corporate Actions Data Provider: SIX Financial Information
Best Corporate Actions Vendor: SmartStream
Best Reference Data Integration Vendor: Bloomberg PolarLake
Best Managed Service for Reference Data: Broadridge
Inside Reference Data call-for-entry categories decided by judging panel
Best Corporate Actions Data Initiative (Vendor): SWIFT and DTCC
Best Enterprise Data Management Initiative (Vendor): S&P Capital IQ
Best Reference Data Initiative (Vendor): Markit
Best Enterprise Data Management Initiative (User): HSBC & GoldenSource
Best Reference Data Initiative (User): Swedbank & Bloomberg PolarLake
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