01.31.2014

Invesco Selects Portware for Global Multi-Asset Trading

01.31.2014

New York, Hong Kong, Melbourne, Tokyo and London —January 28,  2014Portware, the first and only global provider of multi-asset trade automation solutions powered by artificial intelligence, today announced that Invesco Ltd. has selected Portware Enterprise as the centralized hub for execution management across all of its asset classes. Following a comprehensive, and competitive global evaluation, Invesco selected Portware based on the system’s flexibility, multi-asset class coverage, global reach, and ability to create complex and highly efficient proprietary trading solutions.

Portware is the only provider to inject artificial intelligence and commission optimization tools for algo management and real-time decision support into the EMS. Portware Enterprise is an ultra-fast, open, thinking EMS that automates and bolsters the buy side’s most complex workflows. It deploys the latest in visualization tools to empower traders to “trade the graphs” and sort, filter, and see their orders in a way that helps them make the most informed decisions in the shortest time. The fully customizable, real-time system acts as a central platform to communicate, analyze and execute investment ideas for global equities, futures, options, fixed income, and FX. It seamlessly integrates with other systems and provides clients unconflicted access to the widest range of liquidity providers, broker algorithmic suites, and trading destinations worldwide.

“It is well recognized that reducing transaction costs through technology or improved trading strategies has an immediate impact on investment returns. We realized that the only way to truly differentiate ourselves from our peers in the trade implementation phase of the investment process is by taking greater ownership of execution management technology. After an evaluation of different EMS’ available on the market today we found Portware to be the right partner for us” said Saurabh Srivastava, Global Head of Electronic Trading, Invesco. “Portware allows us to consolidate our global trading activity across all asset classes into a single EMS, standardizing technology, workflows and processes. The system offers a rich set of decision-making support features that will enable our trading desks globally to navigate a highly complex execution landscape. Most importantly, with an open architecture and a shared underlying framework across asset classes, Portware empowers us to implement and deploy our proprietary ideas. All of the above facilitate greater efficiencies and ultimately better trading outcomes for our clients.

“Today’s fragmented and fast markets make it impossible to manually keep track of every order and execution with a standard EMS that merely transforms manual steps into clicks,” said Alfred Eskandar, CEO of Portware. “Forward thinking firms like Invesco now demand customized automation in their trading workflows that adds value from idea creation to analysis to execution. We’re honored to welcome Invesco to the growing list of clients who have selected Portware to help free their traders to use their skills and experience to make fast and accurate decisions that enhance performance.”

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About Invesco

Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at: www.invesco.com

About Portware:

Founded in 2000, Portware LLC is the financial industry’s leading developer of broker-neutral trading solutions for global equities, futures, options and FX. With offices in New York, London, Hong Kong and Hyderabad, Portware works in partnership with its clients to create highly integrated solutions to streamline workflows and increase operational efficiencies on trading desks worldwide. Portware’s flagship product, Portware Enterprise, is a fully customizable trade management and execution system for single stock, portfolio, basket, automated and algorithmic trading. For more information, please visit www.portware.com.

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