New York, April 06, 2017 (GLOBE NEWSWIRE) -- Today AlphaPoint, a growth-stage blockchain technology firm and developer of the AlphaPoint Distributed Ledger Platform, announced it has won the 2017 Sell-Side Technology Award for Best Infrastructure Provider.
The annual Sell-Side Technology Awards, hosted by WatersTechnology, recognizes leading technology firms for sell-side professionals and organizations in the financial services industry.
“We are honored to receive this recognition from the sell-side community,” says Igor Telyatnikov, President & COO of AlphaPoint. “As the AlphaPoint team continues to grow, we remain focused on empowering major financial organizations to rapidly launch markets and remain nimble in the face of industry-wide transformations.”
The company was chosen as Best Infrastructure Provider on behalf of the AlphaPoint Distributed Ledger Platform (ADLP), the market-leading blockchain digitization and trading platform. ADLP enables firms to digitize financial instruments, create trading venues for those instruments, and manage pre-trade and post-trade workflows in concert with existing tooling and infrastructure.
ADLP is the subject of 5 pending patents and has hosted billions of live historical transactions to date. Last month, AlphaPoint announced its successful completion of a multi-month blockchain technology trial with Scotiabank, leveraging ADLP across a range of use cases.
“AlphaPoint’s platform enables participants to bridge the gap between their existing infrastructure and the promise of Distributed Ledger Technology,” said Anthony Malakian, US Editor at Waters magazine & WatersTechnology. “We believe their pragmatic, intelligent offering will empower customers to realize new sources of revenue, while at the same time reducing internal spends on manually-intensive operational work."
The Best Infrastructure Provider award was accepted by AlphaPoint at the Sell-Side Technology Awards dinner ceremony, which took place in New York City on April 5, 2017.
About AlphaPoint
AlphaPoint is a financial technology company that powers digital asset networks and provides institutions a Distributed Ledger Platform to digitize, trade, and manage the lifecycle of any asset. Its secure, scalable, and customizable platform enables customers to digitize assets, launch and operate markets, and reduce operational costs with its blockchain technology. AlphaPoint powers digital asset networks on 5 continents, and is led by a seasoned team with 150+ years in financial technology. AlphaPoint has offices in New York City, Philadelphia, and San Francisco.