NEW YORK, Dec. 11, 2012 /PRNewswire/ -- ITG (NYSE: ITG), a leading execution and research broker, today announced that it is the winner of two prestigious American Financial Technology Awards (AFTA). ITG was short-listed in 5 of the 10 overall categories and won the awards for "Best Global Deployment" and "Most Cutting Edge IT Initiative." The winners were selected from among a number of leading sell-side firms by a panel of senior industry practitioners and editors from Waters magazine.
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The award for Best Global Deployment recognized the rollout of ITG's new ultra-low-latency service-oriented architecture. ITG has developed an innovative enterprise architecture which brings together all routing, connectivity and market data across ITG to enable all products to interface together. This new architecture improved performance for ITG's clients and also resulted in improved internal efficiencies.
The award for Most Cutting Edge IT Initiative went to ITG's proprietary cache system for data capture and complex event processing. ITG's cache service provides continuous capture all of ITG's U.S. trade flow data on a single server as well as interfaces for easy content filtering and retrieval.
"It's one thing for a company to commit its enterprise to technological innovation and quite another to garner global recognition for it," said ITG Chief Technology Officer David Meitz. "I am proud to say that the primary beneficiaries of these awards are our clients. Thanks to the efforts of our world class team and their innovations, our clients can now do their jobs faster, more efficiently, and with significantly improved outcomes."
ITG is a pioneer in creating innovative trading technologies and solutions that help traders achieve best execution and improve investment decision making. ITG's Liquidity, Platforms, Analytics and Research have won accolades worldwide from buy-side surveys, independent research firms and industry publications. For more about ITG's recent awards and the firm's full capabilities, visit www.itg.com/about-itg/awards/ or contact us at [email protected].
About ITG
ITG is an independent execution and research broker that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit www.itg.com.
ITG Media/Investor Contact:
J.T. Farley
(212) 444-6259
[email protected]
SOURCE ITG
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