ION, the leading provider of mission-critical trading, risk management, and workflow automation software, has won two categories in Chartis Research’s annual BuySide50 2023 rankings. ION’s LatentZero topped the compliance and cash/treasury management categories. ION also rose nine positions in Chartis Research’s rankings from last year, breaking into the top 15.

Chartis Research, the leading provider of research and analysis into risk technology, publishes the BuySide 50 report, ranking the top 50 risk and buy-side vendors. Featuring a record number of submissions, the 2023 report is a comprehensive, clear, and independent analysis of investment management services for the buy-side.

Market volatility, regulatory change, and interest in new asset types have heightened the pressures on buy-side firms. As a result, quick, reliable, and uninterrupted access to data is increasingly critical for asset managers to navigate and compete successfully. Actively seeking to help clients to deal with these demands, ION continually enhances its solutions. Fully automated, LatentZero simplifies these complexities, unlocking greater efficiency for the buy-side by prioritizing both data and transparency.

Chartis BuySide 50 named ION's LatentZero as the leading solution for compliance and cash/treasury management. With its fully web-based UI, LatentZero Compliance SaaS supports compliance teams through a transparent view of transactions - providing best-in-class control, monitoring, and audit capabilities to review every trade action and ensure that portfolios remain compliant.

LatentZero provides access to markets and brokers worldwide, giving a complete view of cash, positions, liquidity, and total cost analysis in real-time. It remains unparalleled in guaranteeing quick and accurate order and trade management. With continuous compliance checks incorporated at every stage, LatentZero OMS enables firms to meet regulatory demands – no matter the pace of change.

LatentZero’s cloud-hosting functionality integrates easily with existing platforms without requiring specialist resources, reducing infrastructure costs and offering an improved experience for buy-side firms and their clients. The platform is fully customizable, equipping all traders to manage their transactions of any size – and meet compliance demands as they evolve.

“We’re delighted with our increased ranking from last year; and honoured to be named the leader in compliance and cash/treasury management,” said Steven Strange, Head of Product (Asset Management) at ION Markets. “As regulations continue to evolve and margins tighten, efficient compliance and cash management processes will be vital to buy-side success. LatentZero automates these processes, delivering real-time and actionable insights. This recognition testifies to how our best-in-class solutions are evolving to meet market needs.”