While 2020 has been a year of challenges and uncertainty, it’s great seeing our clients thrive and have their achievements recognized. Pragma, the algorithmic trading technology provider, was recently named ‘Best Front-Office Initiative’ provider at the American Financial Technology Awards – for the second year in a row. The ceremony took place virtually on Tuesday 4th December, and was hosted virtually by Waters magazine and WatersTechnology.com
Best Front-Office Initiative
The award for Best Front-Office Initiative was given to the vendor that has innovated in the past year to improve functions traditionally associated with the front-office. These functions include order management, execution management, portfolio management, as well as algorithmic trading and decision support.
Pragma’s multi-asset, broker-neutral algorithmic execution platform, Pragma360, combines intricate knowledge of market microstructure with cutting-edge trading technology and the latest algorithmic logic. It’s deployed and managed as a hosted solution, providing front-office professionals with the tools they require to create a unique algorithmic trading suite under their own corporate brand. Pragma’s solution provides its users with the flexibility and personalisation of an inhouse platform, combined with the convenience of an outsourced solution.
The past twelve months have tested the flexibility, capacity and operational resiliency of front-office systems, and algorithmic trading proved to be an important tool for traders seeking to navigate even the most difficult market conditions. As the popularity of algorithmic trading continues growing, we’re looking forward to supporting Pragma’s efforts to provide state-of-the-art technology to clients.
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