OpenFin won the award for ‘Best use of the Agile methodology by a technology vendor’ at the 12th annual Buy-Side Technology Awards held at the May Fair Hotel in London on Friday, 2nd November.

Hosted by Waters Magazine, the 2018 Buy-Side Technology Awards aim to recognise leading technologies and vendors in their area of expertise; winners are selected by a panel of 9 judges made up of buy-side focused technology consultants and experienced WatersTechnology journalists.

The recognition for ‘best use of the Agile methodology by a technology vendor’ was awarded for OpenFin’s collaboration with technology providers such as Algomi and Trumid, who have deployed their desktop applications on the OpenFin operating system (OS) to provide the buy-side with tools used in their daily workflow. Installing the software needed to deploy new or updated applications, such as those used for trading, order management, market data, research, or analytics onto buy-side desktops can be an arduous and slow process. The OpenFin operating system (OS) solves this problem by enabling fast and iterative, agile development and deployment for desktop apps.

Adam Toms, CEO of OpenFin Europe, said: “We’re delighted to win the award for ‘Best use of the Agile methodology by a technology vendor’. We are obsessive about collaboration and innovation, supporting the entire ecosystem of technology vendors, along with the buy-side and sell-side in securely deploying financial applications directly onto permissioned desktops. It’s great to receive industry recognition for our efforts and this award is testament to our team’s hard work throughout the year.”

The OpenFin OS is now being used to deploy more than 1,000 applications to more than 1500 major banks and buy-side firms, across 60+ countries and more than 175,000 desktops.