NEW YORK, June 13, 2018 (GLOBE NEWSWIRE) -- Hyannis Port Research (HPR), provider of advanced capital markets infrastructure (CMI) technologies, today announced it was named “Best Pre-Trade Risk Controls Provider” at the 2018 Intelligent Trading Technology Awards, which were presented yesterday at a ceremony in New York. Hosted by A-Team Group, the Intelligent Trading Technology Awards recognize excellence across the capital markets technology industry. Winners were selected by the more than 10,000 readers in the Intelligent Trading Technology community. Commenting on the award, HPR CEO Anthony Amicangioli said: “We’re honored to be recognized by the industry for the advanced risk management technology we provide. I’m extremely proud of our team of software and hardware engineers, client service staff and industry veterans we’ve assembled at HPR. We are helping to radically simplify the capital markets infrastructures of some of industry’s largest banks and investment management firms, and it’s gratifying to have our efforts recognized in this manner.” He continued: “Firms today are struggling with a hodge-podge of legacy technologies, rapidly changing regulatory requirements and an ever-increasing level of technology sophistication required to compete. With HPR, our clients are able to focus on their core value-add while we take care of their technology infrastructure through our industry-leading technology platform that offers unmatched agility, scalability, performance and reliability.” HPR’s pre-trade risk platform includes its two flagship products for market access: Riskbot® and Softbot®. Targeted to banks and brokers who provide sponsored access services, Riskbot is a hardware-based gateway with a latency of just 360 nanoseconds. Softbot, geared toward less latency-sensitive institutions including broker dealers, proprietary trading firms and quantitative and statistical arbitrage hedge funds, is a software-based solution with a latency of five microseconds. Both provide nearly 50 highly customizable risk parameters, including “fat finger” checks, client credit checks, broker-mandated checks and regulatory compliance checks. Approximately 15% of the Australian market’s equity volume and approximately 10% of the US market’s equity volume is handled by the two products. About Hyannis Port Research (HPR) HPR is building tomorrow’s banking and capital markets infrastructure today. Our visionary technology strips away complexity and injects simplicity to drive results. Riskbot® and Softbot®, our flagship products, provide a global platform featuring ultra-low latency Direct Market Access, Pre-trade and At-trade risk management. New products include low-latency data, real-time surveillance and reporting for regulatory compliance worldwide. Headquartered in Boston, MA, HPR is a leading provider of high-performance enterprise solutions for supercomputing and financial services.
Mark Dowd Hyannis Port Research 201-376-9687 mark@forefrontcomms.com
