Arcontech, a leading developer of real-time market data software, has won an award for the best real-time market data management solution – its fourth industry award in 13 months.
Financial-i magazine, together with leading analyst firms and industry figures, selected Arcontech to receive the award at the annual Leaders in Innovation Awards.
The awards were decided based upon product innovation over the last 12 months, specifically looking at companies that have demonstrated their ability to innovate, whether in terms of business strategy or the development of wholesale transaction banking solutions, and for that innovation to have significantly impacted customers in terms of their ability to deploy business solutions cost effectively, more readily interact and integrate them with other applications, and the ability to use these solutions to solve business specific issues or concerns.
Andrew Miller, managing director at Arcontech, said: “This is the second year in a row for Arcontech, and I am delighted at the recognition from such a prestigious publication. It proves that the teamwork, hard graft and strategic significance of CityVision StarNet have not gone unnoticed.
“The applicability and readiness of CityVision’s innovative data publication, aggregation and controlled re-distribution capabilities in a MiFID context are bound to have been factors in the decision.”
This is the second year that Arcontech has been recognised by Financial-i, having been awarded ‘Most Innovative real-time data management’ in 2006. It is also their third award this year having won two awards for ‘Best Market Data Management System’ and ‘The best Best Execution initiative’ at The Banker’s awards in June 2007 continuing a 5 year run.