AllianceBernstein, the New York-based asset management firm, has deployed business software provider Portware’s
Enterprise trading platform in the
UK and
Hong Kong. The move follows its successful implementation of the product in the
US.
"Portware Enterprise meets our trading and workflow requirements, while the system's open architecture means we can customise to meet our specific trading and compliance needs. Portware offers international support, with teams in London and Hong Kong that can work closely with our local traders and IT personnel,” Michael Schwartz, chief operating officer of global equity trading at AllianceBernstein.
Portware Enterprise, is a customisable execution system for portfolio, basket, single stock, automated and algorithmic trading
Founded in 2000, Portware develops broker-neutral, automated trading software for global equities, futures, options and FX. With offices in
New York,
London, Hong Kong, and
Hyderabad, the company works in partnership with its clients to create highly integrated solutions to streamline workflow and increase operational efficiencies on trading desks worldwide.
AllianceBernstein employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies and alternative investments and, through its subsidiaries and joint ventures, operates in more than 20 countries.
