NEW YORK, May 27, 2014 (GLOBE NEWSWIRE) -- Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of a single platform that integrates order and execution management with real-time risk, reporting, shadow NAV, and managed services in the cloud for the financial services community, has won 2014 FTF News Technology Innovation Awards in the categories Best Cloud Provider and Best Fin Tech Operations Startup.
The 2014 FTF News Technology Innovation Awards, presented by Financial Technologies Forum and FTF News, recognize professionals, service providers, and regulators that have made noteworthy achievements in operational excellence in 2013.
The Best Cloud Provider award acknowledges the cloud provider that has advanced the scalable access to computing resources and IT support. Liquid was honored for offering the highest levels of reliability, security and adaptability, and for demonstrating capabilities for rapid implementations and a robust data warehouse for its clients. The Best Fin Tech Operations Startup award recognizes a financial technology start-up, founded within the past five years, that has devised innovative technology or services enabling end-users to differentiate themselves in the market.
"We are honored to receive these prestigious industry awards, which showcase our technology and the impact we are having in the alternatives market and in terms of contributing to our clients' success," said Liquid CEO Brian Storms. "Our clients are reaping the benefits of the Liquid platform in a number of ways – not only through its end-to-end investment management capabilities, but as important, their ability to access the platform's capabilities and the fund's underlying data everywhere, all-the-time. This enables our clients to transform the most unique and granular drivers of past performance into the underpinnings of real-time and forward-looking initiatives across alpha generation, risk management, investor insights, and compliance. This can only be achieved through a true cloud platform."
The Liquid platform is a smarter, simpler solution for fund managers - freeing up their time to manage investments by eliminating unnecessary and outdated infrastructure, and time-consuming middle-office processes. Unlike other solutions, the platform is purpose-built for alternative asset managers, powered by a proprietary cloud, and backed by managed services. Moving to a single, real-time environment across trading, portfolio and risk management, investor reporting, and shadow NAV helps managers drive better insights into portfolio performance while institutionalizing their businesses with repeatable, secure controls over disaster recovery, business continuity, data management, and broker reconciliations.
For more information on this year's award selections, visit http://www.ftfnews.com/awards/.
About Liquid Holdings Group
Liquid Holdings Group, Inc. (Nasdaq:LIQD) is a cloud-based technology and managed services provider to the global hedge fund and active trading markets. Liquid's solutions are delivered efficiently and securely through the cloud in a SaaS model. The Liquid platform was purpose built to manage the entire trade lifecycle by seamlessly integrating multi-currency, multi-asset trade order management and execution with real-time risk, portfolio management and shadow account reporting through a single solution. The Company offers the Liquid platform or any of its components on a subscription basis to hedge fund managers, asset managers, family offices and financial institutions worldwide.
Headquartered in New York City, Liquid Holdings Group was formed in 2012. For more information, please visit www.liquidholdings.com.