Thomson Reuters Leads IMD/IRD Awards Tally as Race Tightens Between Bloomberg, Interactive Data
The results demonstrate an increasingly competitive landscape among the leading data vendors.
In the market data segment of the awards, Thomson Reuters won Best Data Provider for Derivatives, Best Data Provider for Foreign Exchange, Best News Provider, and Best Data Networking and Infrastructure Provider, Best Evaluated Prices Service Provider, and also won the Best Real-Time Market Data Initiative (Vendor) in the call-for-entry categories for its Commodities Fundamentals data on its Eikon workstation. The vendor stole the Best News Provider from Bloomberg, which had won the previous three years in a row, and the Best Derivatives Data Provider award from SuperDerivatives, which had won the previous four years in a row, and also picked up the Best Data Networking and Infrastructure Provider, which BT had previously won four years in a row.
However, Thomson Reuters lost the Best Low-Latency Data/Technology Vendor award─which it had won every year since the category was introduced in 2007─to Interactive Data, which also won the Best Counterparty Data award in the reference data categories, as well as the award for overall Best Reference Data Provider, and also won the Most Innovative Market Data Project (Vendor) award in the call-for-entry categories for its Continuous Evaluated Pricing Service, sharing first place in that category with startup research platform Airex for its Airex Marketplace.
Meanwhile, Bloomberg continued its lock-out of the overall Best Data Provider (Vendor), Best Data Provider for Equities and Best Data Provider for Fixed Income awards, while Bloomberg PolarLake won Best Reference Data Integration Vendor for the third consecutive year.
The new wins reverse last year's results, where Bloomberg scooped five categories, Thomson Reuters and SIX Financial Information each won three awards, and Interactive Data won two.
Picking up one award apiece were FactSet Research Systems for Best Research Provider, S&P Capital IQ for Best Analytics Provider, Jordan & Jordan for Best Supporting Services Provider, Markit for Best Enterprise Data Management Vendor, and SIX Financial Information for Best Corporate Actions Data Provider.
Tullett Prebon Information and CME Group continued their dominance of the Best Data Provider (Broker) and Best Data Provider (Exchange) categories, respectively, winning for the fifth and fourth year in a row.
BATS Global Markets won the Best New Data Product for its BATS One Feed, while the London Stock Exchange won Acquisition of the Year for its purchase of Russell Investments, and Amazon Web Services won Contract Win of the Year for FINRA's migration of surveillance applications to Amazon's cloud.
Other notable mentions include SmartStream, which won both the Best Enterprise Data Management Initiative (Vendor) and Best Reference Data Initiative (Vendor) categories for its Reference Data Utility, and Bank of Montreal, which won the Best Reference Data Initiative (User) award for its BMO Skyway platform─an on-demand market and reference data delivery system developed with Web Services data provider Xignite.
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