AlphaPoint Wins 2017 Sell-Side Technology Award for Best Infrastructure Provider

New York, April 06, 2017 (GLOBE NEWSWIRE) -- Today AlphaPoint, a growth-stage blockchain technology firm and developer of the AlphaPoint Distributed Ledger Platform, announced it has won the 2017 Sell-Side Technology Award for Best Infrastructure Provider.The annual Sell-Side Technology Awards, hosted by WatersTechnology, recognizes leading technology firms for sell-side professionals and organizations in the financial services industry.“We are honored to receive this recognition from the sell-side community,” says Igor Telyatnikov, President & COO of AlphaPoint. “As the AlphaPoint team continues to grow, we remain focused on empowering major financial organizations to rapidly launch markets and remain nimble in the face of industry-wide transformations.”The company was chosen as Best Infrastructure Provider on behalf of the AlphaPoint Distributed Ledger Platform (ADLP), the market-leading blockchain digitization and trading platform. ADLP enables firms to digitize financial instruments, create trading venues for those instruments, and manage pre-trade and post-trade workflows in concert with existing tooling and infrastructure.ADLP is the subject of 5 pending patents and has hosted billions of live historical transactions to date. Last month, AlphaPoint announced its successful completion of a multi-month blockchain technology trial with Scotiabank, leveraging ADLP across a range of use cases.“AlphaPoint’s platform enables participants to bridge the gap between their existing infrastructure and the promise of Distributed Ledger Technology,” said Anthony Malakian, US Editor at Waters magazine & WatersTechnology. “We believe their pragmatic, intelligent offering will empower customers to realize new sources of revenue, while at the same time reducing internal spends on manually-intensive operational work."The Best Infrastructure Provider award was accepted by AlphaPoint at the Sell-Side Technology Awards dinner ceremony, which took place in New York City on April 5, 2017.